December 2019 was a record-setting month for DC home prices, with the median price rising to $635,000. For comparison, the median home price in the district in December 2010 was $399,000. The previous record price, $620,000, was set in June 2019. In addition to DC, home prices rose last month in Arlington, Montgomery County, and … Read More
The New York Times has named Washington, D.C. the top place to visit in 2020 in its list of 52 top destinations for the new year. The reasons for DC’s attractiveness as a travel destination include: *Access to numerous cultural institutions, such as the Library of Congress and National Museum of American History, many with … Read More
With 2019 coming to a close, check out the five most expensive home sales that closed this year in DC: 5) 3306 O Street NW Sale Price: $7.7 million Square Feet: 7,166 Neighborhood: Georgetown Beds/Baths: 5 br/7 ba 4) 3949 52nd Street NW Sale Price: $7.75 million Square Feet: 8,976 Neighborhood: Spring Valley Beds/Baths: 7 … Read More
H Street/Union Market *Recent Changes: The opening of the Atlas Performing Arts Center *Upcoming Projects: Avec, a mixed-use project spanning two city blocks, will open next year; Union Station is set to be overhauled, creating 14 acres of offices, residences, and hotels; a new mixed-use neighborhood is coming to the Union Market district. Reston *Recent … Read More
Realtor.com’s annual forecast projects prices in the DC region will rise as much as 2.6% in 2020. While prices continue increasing in the district, some of the nation’s largest markets will see falling prices, including San Francisco and Las Vegas. Mortgage rates are expected to rise modestly, with the average on a 30-year fixed rate … Read More
An analysis by local real estate website UrbanTurf found that 2.5 percent of homes sold in the district were purchased for north of $2 million, keeping pace with luxury sales for each of the last two years. A total of 190 of 7,771 listings sold this year were purchased for over $2 million; 55 homes … Read More
*Visit the Christmas light maze at Nationals Park, covering 90,000 square feet with a 100-foot-tall lighted pine tree centerpiece. Don’t forget to stop by the Christmas market and ice skating trail. Admission is $19.99-$33.99 and the event runs through December 29. *The National Geographic Museum’s exhibit “Becoming Jane: The Evolution of Dr. Jane Goodall” features … Read More
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
719 Quebec Pl NW, located in the highly sought after neighborhood of Columbia Heights, is an incredible opportunity for a buy-and-hold or fixer-upper investor. Features- *Located on a lovely, tree-lined street with other newly renovated homes. *Walking distance to Georgia Ave & Petworth Metro stations. *Currently a rooming house; can be converted to a single-family … Read More
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