Report Highlights State of DC-Area New Condo Market

February 25, 2020Real Estate & Local News

Condominium sales and marketing firm McWilliams Ballard has released a new report aggregating DC condo sales and pipeline information from 2019. According to its findings, there was a 12% year-over-year increase in DC-area new condo sales and 20% year-over-year increase in new condo sales in the city proper. In Loudon County, year-over-year sales were up … Read More

New VA Loan Program Goes into Effect

February 23, 2020Real Estate & Local News

In January of this year, a new law governing mortgages backed by the Department of Veterans Affairs went into effect, allowing those using VA loans to borrow any amount of money (as long as they qualify) with no down payment. Zero-down payment loans were previously capped at the same level as conforming loans. Many loans … Read More

5 Things to Do in DC This Weekend: Feb. 21-23

February 20, 2020DC/MD/VA Events

*The Renwick Gallery is featuring a new exhibit “Hearts of Our People: Native Women Artists,” showcasing eighty-two works by Native women, including textiles, beadwork, photographs, and sculptures. On Friday at noon, Jill Ahlberg Yohe, associate curator of Native American art at the Minneapolis Institute of Art, and Teri Greeves, a member of the Kiowa Nation, … Read More

DC Named Among Most Walkable US Cities

February 18, 2020Real Estate & Local News

DC earned the No. 7 spot on Redfin’s annual list of the most walkable cities in the nation. Because of its density and amenities, DC is among the cities with the least car-dependent residents. The district also ranks highly on access to public transit and bike infrastructure and has numerous bars and restaurants, making it … Read More

New Residential Developments Coming to Shaw

February 16, 2020Real Estate & Local News

The Wren, at 965 Florida Avenue NW, will deliver 433 residential units later this year. 130 units will be affordable to households earning up to 30 and 50% of area median income and there will be 350 parking spaces. Amenities in the building include a two-story fitness center, rooftop pool, and landscaped “skywalk bridge.” JBG … Read More

Details of a Plan to Transform Single-Family Zoning in MD

February 9, 2020Real Estate & Local News

Vaughn Stewart, a Maryland House Delegate, formally introduced the Modest Home Choices Act of 2020 last Thursday, which would allow middle housing to be constructed on lots currently zoned single-family. The Act would amend the state code to facilitate construction of triplexes on residential-zoned lots that currently allow only detached, single-family homes. The census tracts … Read More

5 Fun DC Events This Weekend: Feb. 7 – Feb. 9

February 6, 2020DC/MD/VA Events

Looking for something to do this weekend? Check out these five fun events being held around the city: *Mother Road, inspired by John Steinbeck’s The Grapes of Wrath, comes to Arena Stage beginning Friday and running through March 8. Written by Octavio Solis and directed by Bill Rauch, the play tells the story of terminally … Read More

DC Rental Market Conditions

February 4, 2020Real Estate & Local News

Harvard University’s Joint Center for Housing Studies released its latest Rental Housing report, detailing rental market conditions across the nation. The report found that it has become increasingly difficult for middle-income Americans to afford rent as much of the growth in demand since 2010 has been concentrated at the upper end of the market. New … Read More

DC Development News: February 2020

February 2, 2020Real Estate & Local News

*Beztak and Foxhall Partners have filed a zoning application to add 40 studio apartments and more retail to the AdMo Heights development at 1773-1777 Columbia Road NW. The development currently has 80 units above retail and 31 parking spaces. The site is zoned MU-5A for medium-density mixed-use, and the developer plans to integrate the 40 … Read More