Amazon’s move into Northern Virginia is moving forward, with the company signing leases for office space in Crystal City and agreeing to purchase two newly constructed buildings that are slated to break ground in the future. JBG Smith announced that Amazon signed leases for buildings at 241 18th Street S, 1800 S Bell Street, and … Read More
*A mixed-use development at 7000 Wisconsin Avenue will include a roughly 4,000-square foot movie theater, per plans filed by Starr Capital with the Montgomery County Planning Department. The development will also include 200 residences and up to 15,000 square feet of retail. *The Montgomery County Department of Transportation has proposed widening a 1-mile stretch of … Read More
6620 Elgin Lane Close Price: $2,690,000 Original List Price: $2,495,000 Days on Market: 31 Features: 4 bedroom, 5.5 bath Colonial in Bannockburn Heights; situated on 1.4-acre property; gourmet kitchen; fully finished lower level with media room 7004 Arandale Road Close Price: $2,450,000 Original List Price: $2,599,000 Days on Market: 140 Features: New construction by Rembrandt … Read More
Freddie Mac reports that the average rate on a 30-year fixed mortgage fell to 4.06% this week, its lowest since January 2018 and nearly a quarter-point lower than a week earlier, representing the largest drop in over a decade. The Federal Reserve’s decision to halt interest rate increases and investor concerns about the expected rate … Read More
The residential real estate market in Bethesda showed mixed performance indicators in February—units sold faster, on average, and new contract activity picked up; however, median sold prices for detached properties fell about 13%. Here is additional data from the latest market insight report (Source: MarketStats by ShowingTime): Detached Properties • Median sold price: $989,000 (-13.2% … Read More
3301 N Street NW Original List Price: $7,990,000 Close Price: $6,800,000 Close Date: Feb. 8, 2019 Features: Stately detached corner residence in Georgetown; extensive renovation completed in 2017; gourmet kitchen; limestone terraces & gardens 1675 31st Street NW Original List Price: $5,400,000 Close Price: $4,900,000 Close Date: Feb. 25, 2019 Features: Federal style home in … Read More
Spring is often the time for refreshing the look of a room or two around your home, whether by adding new decorative items, swapping out furniture, or redoing the color scheme. Here are current trends in interior design that will make your spaces look fresh and modern: *Textures: layers of wood in varied tones and … Read More
5415 Mohican Road Close Price: $2,665,000 Original List Price: $2,995,000 DOM: 254 Features: 19th-century historic home in Glen Echo Heights with 5 bedrooms & 5 baths; 9,000 finished sq. ft. on 4 levels; views of the Potomac River; glass-enclosed sunroom 7609 Glenbrook Road Close Price: $2,450,000 Original List Price: $2,595,000 DOM: 47 Features: Colonial in … Read More
With April 15 quickly approaching, many of you are in the process of completing your tax returns, and your 2018 home sale or purchase may have tax consequences. In most cases, you will need a settlement statement and/or a 1099-S (for sales that qualify). Below, you will find links to very helpful IRS publications specific … Read More
Clearing out clutter is an essential step prior to listing your home because purchasing a home is an aspirational process, and buyers want to picture themselves in a space that is attractive, clean, and organized. Eliminating clutter is often an arduous task, however, because it may require parting with things that hold emotional value. Here … Read More