Highlights on the state of Bethesda’s residential real estate market for the first month of 2018: Detached Homes The median sale price for detached properties in January was $895,000, representing a roughly 13% decrease from December and 1.4% decline year-over-year (Source: MarketStats by ShowingTime). The average days on market for detached homes sold in Bethesda … Read More
Real Estate & Local News
Ballston Quarter to Bring New Entertainment Hub to NoVa
Ballston Quarter, the highly-anticipated overhaul of the Ballston Common mall in Arlington is scheduled to open later this year. Developer Forest City recently announced that it will allocate 40% of the 850,000-square-foot site to experiential destinations, as traditional brick-and-mortar establishments continue to stagnate. The new dining, living, recreation, and entertainment options include: *A food hall … Read More
6 D.C.-Area Athletes to Compete in Winter Olympics
As the Winter Olympics kick off this Friday in Pyeongchang, South Korea, keep a look out for these 6 local athletes, who will be competing in speed skating, ski jumping, ice hockey, and bobsled! Thomas Hong Sport: Short track speed skating Hometown: Laurel, MD Haley Skarupa Sport: Ice hockey Hometown: Rockville, MD Hakeem Abdul-Saboor Sport: … Read More
Montgomery County Top 10 Home Sales – January 2018
10007 Bentcross Dr, Potomac, MD 20854 List Price: $4,299,000 Close Price: $3,650,000 3907 Leland St, Chevy Chase, MD 20815 List Price: $2,365,000 Close Price: $2,365,000 6215 Poindexter Ln, North Bethesda, MD 20852 List Price: $2,395,000 Close Price: $2,240,000 15 Primrose St, Chevy Chase, MD 20815 List Price: $2,250,000 Close Price: $2,200,000 3718 Bradley Ln, Chevy … Read More
5 Notable Washington, D.C. Home Sales – January 2018
3053 P St NW, Washington, DC 20007 List Price: $8,750,000 Close Price: $7,365,000 Close Date: Jan. 16 Features: 9 Bedrooms, 8 Full & 3 Half Baths, 9000 SF, Ceiling Heights of 13’, Banquet-Size Dining Room, Landscaped Gardens, Sprawling Terraces, Pool 4960 Rockwood Pkwy NW, Washington, DC 20016 List Price: $3,495,000 Close Price: $3,260,000 Close Date: … Read More
How the New Tax Bill Will Impact the Real Estate Market
The Tax Cuts and Jobs Act, which went into effect on December 31, 2017, includes several key provisions that will impact homeowners, homebuyers, and real estate investors: The mortgage interest deduction is capped at $750,000 for new loans taken out after 12/14/17, although current loans of up to $1 million are grandfathered. Homeowners may refinance … Read More
6 Local Hotels Named TripAdvisor Travelers’ Choice Award Winners
TripAdvisor announced the winners of its annual Travelers’ Choice Awards on Tuesday, and six D.C.-area hotels made the list, which rated hotels in 10 categories. Award-winners were based on reviews collected during 2017 from national and global visitors. Bargain Category #7: Candlewood Suites Hotel Sterling (Sterling, VA) Value for Money Category #10: Kimpton Donovan Hotel … Read More
Details on Montgomery County’s Bid for Amazon’s HQ2
Montgomery County was recently named as one of twenty metropolitan areas on Amazon’s shortlist for its second headquarters. Below are details of the county’s proposal to lure the e-commerce giant to our region: • A proposed 100-acre campus in White Flint or North Bethesda • $2 billion in tax breaks • $3 billion in transportation … Read More
Details on Montgomery County’s Bid for Amazon’s HQ2
Montgomery County was recently named as one of twenty metropolitan areas on Amazon’s shortlist for its second headquarters. Below are details of the county’s proposal to lure the e-commerce giant to our region: • A proposed 100-acre campus in White Flint or North Bethesda • $2 billion in tax breaks • $3 billion in transportation … Read More
Local Regions Make Amazon’s Top 20 List for HQ2
Northern Virginia, D.C., and Montgomery County are each included on Amazon’s just-released list of the top 20 finalists for its second headquarters. The other 17 metropolitan areas to make the cut are: • Atlanta, GA • Austin, TX • Boston, MA • Chicago, IL • Columbus, OH • Dallas, TX • Denver, CO • Indianapolis, … Read More