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
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
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
Looking for something to do this weekend? Check out these five fun events being held around the city: *Mother Road, inspired by John Steinbeck’s The Grapes of Wrath, comes to Arena Stage beginning Friday and running through March 8. Written by Octavio Solis and directed by Bill Rauch, the play tells the story of terminally … Read More
Harvard University’s Joint Center for Housing Studies released its latest Rental Housing report, detailing rental market conditions across the nation. The report found that it has become increasingly difficult for middle-income Americans to afford rent as much of the growth in demand since 2010 has been concentrated at the upper end of the market. New … Read More
*Beztak and Foxhall Partners have filed a zoning application to add 40 studio apartments and more retail to the AdMo Heights development at 1773-1777 Columbia Road NW. The development currently has 80 units above retail and 31 parking spaces. The site is zoned MU-5A for medium-density mixed-use, and the developer plans to integrate the 40 … Read More
After nearly a year’s worth of research, which included visits to over 300 local dining establishments, Washingtonian magazine has published its decisive ranking of the city’s very best 100 restaurants. Here are the 10 who made it to the very top tier of this exclusive list: 1) Anju 1805 18th Street NW 2) The Dabney … Read More
As DC’s population continues to expand, residential developments are springing up all over the city to accommodate its increasing density. Hoffman-Madison’s 24-acre project, The Wharf, brought three music venues, two apartment buildings, a condo building, multiple hotels, and over one acre of green space to the southwest waterfront. Meanwhile, the $1.3 billion Capitol Crossing project … Read More
As the 2020 housing market gets under way, it’s important to take a look back at what the 2019 real estate market looked like in DC to get a clear picture of where we are and where we’re headed in the new year. Local real estate website UrbanTurf analyzed market data on the 2019 DC … Read More