To Our Valued Clients and Friends: In this time of uncertainty, our team is hoping first and foremost that everyone remains safe and healthy. We are actively monitoring the COVID-19 situation and taking steps to continue serving our clients with the utmost vigilance and care. We would like to let you know that there are many steps … Read More
Real Estate & Local News
Developer Breaks Ground on Alexandria Senior-Living Community
Silverstone Senior Living has broken ground on a new luxury senior living community at 2620 Main Line Boulevard in Alexandria’s National Landing, near Amazon HQ2. The project is a $100 million development spanning 216,000-square-feet, including 163 apartments for independent and assisted living. Located on 1.4 acres in the Potomac Yard section of National Landing, the … Read More
How DC Property Assessments are Changing
DC’s Office of Tax and Revenue has sent new property assessments to homeowners in the city, and the proposed average residential increase is 3.46%, with significant neighborhood to neighborhood variation. The proposed increase for commercial properties is 3.92%. The assessments are slated to rise the most in Wards 7 and 8, east of the Anacostia. … Read More
Developer Proposes 350 Apartments and Park for Downtown Bethesda
BF Saul has released its plans for a mixed-use development in downtown Bethesda which would replace the buildings currently bound by Wisconsin Avenue and Tilbury Street, from Highland to West Virginia Avenues. The new, nine-story building would deliver 350 apartments in addition to 15,000 square feet of retail fronting Wisconsin Avenue. The developer would also … Read More
Average Apartment Rents Across the DC Area
Apartment rental rates vary considerably across the DC region based on a breadth of factors including amenities, access to public transportation, and individual neighborhood. Based solely on jurisdiction, Bethesda currently has the DC metro area’s most expensive rents, according to an analysis by apartment search site RentCafe. The average apartment rent in Bethesda is $2,466 … Read More
Report Highlights State of DC-Area New Condo Market
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
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
DC Named Among Most Walkable US Cities
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
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
4 Quick and Budget-Friendly Ways to Refresh Your Home
If you are preparing to sell your home, or simply in search of an efficient way to refresh your home’s aesthetic, here are a few quick, easy, and budget-friendly changes you can make: 1. Replace Your Hardware Swapping out your faucet, appliance, and door handle hardware can help to modernize the look of your home, … Read More