Local real estate website UrbanTurf identified the six Maryland suburbs that have seen the highest home price appreciation in 2020: #1 – Mount Rainier (17.7% increase) • 2019 Median Home Price: $395,000 • 2020 Median Home Price: $465,000 #2 – Takoma Park (16.8% increase) • 2019 Median Home Price: $445,000 • 2020 Median Home Price: … Read More
With the fall season quickly approaching, now is the best time to get your home in shape before shorter days and the cold weather make outdoor work difficult. Below are some home maintenance ideas to help prepare your home for the upcoming seasons: Exterior – Fertilize and reseed your lawn—during the fall, grass roots grow … Read More
The Montgomery County Planning Board unanimously approved a major overhaul of the Westfield Montgomery Mall, located in Bethesda, that will yield 2.9 million square feet of new retail space and 717 residences. The project is led by developer Unibail-Rodamco-Westfield (URW), which owns the mall. Construction will occur in three phases. The initial phase includes construction … Read More
June marked a record high for DC-area home sales, with 6,046 pending sales for the month, up 17.7% from May, marking the highest level for pending sales in a decade. The number of newly listed homes rose 16.2%, and total active listings fell roughly 5.0%. With inventory levels remaining constrained, the median price of homes … Read More
Housing market activity picked up in the D.C. area in May, with the number of homes that went under contract rising nearly 34% from April, and the number of new listings increasing more than 12%. Compared to May 2019, pending sales and new listings are 7.5% lower, but the acceleration of activity suggests buyer and … Read More
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
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
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 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
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