DC Area Development Updates

May 18, 2021Real Estate & Local News

*Developer Bello Realty Partners is proposing to develop 39 condominium units on the surface parking lot at 11th and U Streets NW. The project includes a mix of mainly junior- and traditional one-bedrooms, five two-bedrooms, and a few surface parking spaces. Three units will be Inclusionary Zoning. *The Arlington Partnership for Affordable Housing has filed … Read More

Spring Home Maintenance Checklist

May 10, 2021Real Estate & Local News

Consistent home maintenance helps to preserve your property’s value, and spring is the perfect time to tackle interior and exterior projects that will keep your home in good shape for the rest of the year. Here are some routine home maintenance steps you can take each spring: Interior – Change batteries on your smoke and … Read More

DC Metro Real Estate Market – Spring 2021 Update

April 20, 2021Real Estate & Local News

With the spring season in full swing, the DC Metro real estate market has seen accelerating buyer demand and declining inventory levels over the past month. In Alexandria City, single-family homes hit a median sales price of over $1 million for the first time. Condo/co-op sales also hit a ten-year high, up 61% from last … Read More

Top 5 DC Area Home Sales – March 2021

April 12, 2021Real Estate & Local News

Below are the top 5 Washington-area home sales by price that sold in March: 5) 4834 Quebec Street NW Sold Price: $4,650,000 Community: Spring Valley Square Footage: 8,625 SF Features: 4 stories, new build designed by Studio Z and built by Laurence Cafritz Builders, six bedrooms, six-and-a-half baths, elevator, chef’s kitchen, and two-car garage 4) … Read More

DC Metro Area Development Updates

April 5, 2021Real Estate & Local News

*Washington Science Joint Ventures proposed a new project in the White Flint area that would bring over 2.5 million square feet of new development and over 2,000 new residences across 8 buildings. The development, “Rose Village,” would span part of Montrose Parkway. 7 mixed-use buildings would have ground-floor retail; 1 building would have only residences. … Read More

DC Real Estate Market: 2020 Recap

January 12, 2021Real Estate & Local News

Listing service Bright MLS reports today that the median price of a home sold in the D.C. metropolitan region hit a record of $500,000 in 2020, 8.7% higher than the 2019 median. Low interest rates and inventory levels have combined to push the median sales price up, despite disruptions in the spring market due to … Read More

Impact of the Recent Stimulus Law on Homeowners & Renters

January 4, 2021Real Estate & Local News

The most recent $900 billion stimulus package passed by Congress and signed into law on December 27, 2020 includes several provisions that will affect homeowners and renters: Rental Assistance *The law extends eviction protection until January 31 and provides $25 billion in rental assistance for individuals who lost their sources of income due to the … Read More

5 Key Questions Before “Going Solar”

November 2, 2020Real Estate & Local News

If you are considering adding solar panels to your home, you will want to consider some of these key questions to make sure your home is well-suited for this energy source: 1. How much is your energy bill? There are many reasons for wanting to go solar, but if you are hoping to see a … Read More

DC Area Home Seller Profits Up 30% Last Quarter

October 26, 2020Real Estate & Local News

A recent report from ATTOM Data Solutions found that homeowners in the DC area who sold in the third quarter of 2020 earned a record-high average profit of $92,100, representing a 30% increase from the same time in 2019 and 26% return on investment. The previous high was set in the first quarter of 2008. … Read More

Ritz-Carlton to Develop 65 Condominiums in Chevy Chase

October 9, 2020Real Estate & Local News

Ritz-Carlton Residences will partner with Bozzuto to bring a 65-unit condominium building to 8507 Connecticut Avenue in the Chevy Chase Lake development. The building will span seven stories and include retail space. The top floor will be 12,000 square feet and have a fitness center, yoga and meditation space, piano lounge/event space, and co-working areas. … Read More