Friday, October 21, 2016

What D.C.’s red-hot housing market is missing: A lot more houses

In the early summer, Realtor John Peters and his client found the ideal property: a one-bedroom loft in Logan Circle. The only problem? There were 27 other offers on the property. Peters, principal at Bulka/Peters Residential and affiliated with residential real estate brokerage Compass, won the property by submitting an offer that waived the home inspection, promised a three-week closing time, laid down a 20 percent earnest money deposit and agreed to match any other offer up to $50,000 more. “It’s…

from DIYS http://ift.tt/2ezRsM0

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