5 Great D.C. Bike Trails

September 22, 2020Real Estate & Local News

Whether you’re a serious or an amateur cyclist, the D.C. area is home to a wide variety of bike trails, and the fall is one of the best times to get out and enjoy them. Below, we’ve highlighted five of the greatest trails around D.C. 1. The Chesapeake & Ohio Canal This historic park follows … Read More

5 New Outdoor Bars & Restaurants Around DC

August 29, 2020DC/MD/VA Events

Rumi’s Kitchen 640 L St NW Acclaimed chef/owner Ali Mesghali has brought his Atlanta-based Persian restaurant to DC, featuring dishes such as mezze, marinated kebabs, rice dishes, and stews. Enjoy the outdoor patio space by reserving via OpenTable; carryout and dining room seating are also available. Pizzeria Pupatella 1801 18th St NW The long-awaited DC … Read More

DC Real Estate Market Update: July 2020

August 11, 2020Real Estate & Local News

The DC metro real estate market maintained its momentum in July, as interest rates ended the month at 2.99% and unemployment held below the national average. July marked a ten-year high for median sales prices in the DC region, with the median sales price rising nearly 13% year-over-year to $530,000. The previous ten-year high for … Read More

Reopened DC Museums

July 27, 2020DC/MD/VA Events

Following months of closures due to the pandemic, many DC museums are beginning to reopen with enhanced safety measures and capacity limitations in place. Please note that masks are required, and many of these sites require visitors to reserve timed-entry passes; it is recommended that you check each venue’s protocols prior to visiting to ensure … Read More

The CARES Act – Resources for Homeowners

July 13, 2020Real Estate & Local News

If you are unable to meet your mortgage obligations due to COVID-19-related circumstances, notify your mortgage lender or servicer as soon as possible to discuss your options. Check your most recent monthly statement for your mortgage lender or servicer’s contact information. Homeowners with reduced income may qualify for mortgage relief under the federal Coronavirus Aid, … Read More

D.C. Real Estate Market Update

July 9, 2020Real Estate & Local News

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

Developer Breaks Ground on Alexandria Senior-Living Community

March 10, 2020Real Estate & Local News

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

March 8, 2020Real Estate & Local News

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

Report Highlights State of DC-Area New Condo Market

February 25, 2020Real Estate & Local News

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