*The Montgomery County Council is scheduled to consider a $500,000 grant to move the Fox 5 TV station operations in D.C. to Bethesda. The news station would relocate its headquarters at 7272 Wisconsin Avenue for a minimum of 10 years. In exchange for the grant, Fox is required to have at least 178 full-time employees … Read More
Real Estate & Local News
5 November Home Maintenance Tips!
November is the perfect transitional month to tackle home maintenance tasks that will prepare your home for the winter season! Here are five quick steps you can take this month: *Check baseboards, wall/ceiling junctures, windows and doors, lighting fixtures, switches, and electrical outlets for cracks and spaces that are letting heat out. Have these areas … Read More
Top 5 Bethesda Home Sales: September 2019
*Address: 7124 Fairfax Rd, Bethesda, MD 20814 Close Price: $4,700,000 Original List Price: $5,995,000 Days on Market: 194 Subdivision: Edgemoor 6-bedroom, 5-bath custom home built in 2014 by the team of GTM Architects and Sandy Spring Builders. This 6,523 sq ft home comes with a gourmet kitchen, 4-car garage, custom millwork, luxe master suite with … Read More
New FHA Condominium Policy Takes Effect October 15th
Since the DMV is home to many condominium complexes, this new FHA policy will have a direct impact for homebuyers / investors here. FHA’s new condominium policy is part of a broader federal administration objective to reduce regulatory barriers that currently restrict affordable homeownership opportunities. What exactly is changing? FHA’s new rule is outlined … Read More
DMV Development Updates
*Toll Brothers is redeveloping the current home of Capitol Building Supply in Buzzard Point with a new mixed-use property. The 1.4 acres near Audi Field would be transformed into hotel, 400 residential units, retail & underground parking. *Developer JBG Smith continues its smart investment in National Landing near the Amazon campus. The developer recently … Read More
Seller Tips: How to maximize your next open house
According to the National Association of Realtors, 52% of buyers use an open house to help land their dream home, so they aren’t a waste of time. No matter how great online photos are, buyers need to visit the home in person and that is either accomplished with a private showing with their agent or … Read More
Top 5 Bethesda Home Sales: August 2019
Address: 7205 Arrowood Road Close Price: $5,970,000 Original List Price: $7,5000,000 Days on Market: 367 Subdivision: Burning Tree 7 bedrooms, 8 bathrooms, 3 half baths, new construction Colonial by builder Magruder Design & GTM Architects. Nearly 9,500 sq ft home with gourmet kitchen. One acre lot with salt water pool and pool house. Address: 7515 Exeter Road … Read More
Top 5 Competitive Subdivisions in DC for Housing
With the fall market gearing up and inventories remaining relatively low, competition for real estate in the district is expected to heat up. In a new analysis, real estate website UrbanTurf looked at the contract ratio for advertised subdivisions in DC to determine the most competitive neighborhoods for housing. The contract ratio is a comparison … Read More
How Amazon HQ2 is Affecting First-Time Homebuyers
With Amazon’s second headquarters coming to Crystal City, Alexandria and Arlington have become the two most competitive housing markets in the nation, according to a recent report by Redfin. Home prices in the two northern Virginia suburbs have spiked more than $100,000, on average, since Amazon’s announcement; and, though it will be years before the … Read More
Bethesda Development Updates
*Three ongoing Bethesda developments—the Marriott International headquarters, Avocet Tower, and an expansion at Suburban Hospital—made the list of the most expensive projects in the Washington region, according to an analysis by the Washington Business Journal. The projects add up to more than $1.7 billion in development in Bethesda. *Virginia-based developer McCaffery will break ground on … Read More