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 REALTOR
5 Things to Do in DC This Weekend: Feb. 21-23
*The Renwick Gallery is featuring a new exhibit “Hearts of Our People: Native Women Artists,” showcasing eighty-two works by Native women, including textiles, beadwork, photographs, and sculptures. On Friday at noon, Jill Ahlberg Yohe, associate curator of Native American art at the Minneapolis Institute of Art, and Teri Greeves, a member of the Kiowa Nation, … Read More
DC Named Among Most Walkable US Cities
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
New Residential Developments Coming to Shaw
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
5 Fun DC Events This Weekend: Feb. 7 – Feb. 9
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
DC Rental Market Conditions
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
DC Development News: February 2020
*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
Northern Virginia Estate Sells for Record-Breaking Price
The three-acre riverfront estate that was owned by the late AOL co-founder James V. Kimsey has sold for approximately $45 million, the Wall Street Journal reports. The transaction is the most expensive residential sale on record in the DC area. The record was formerly held by the sale of a nearby $43 million estate once … Read More
DC’s Top 10 Restaurants
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
Tips for First-Time Home Buyers
Buying your first home is both an exciting milestone and intimidating financial investment. With median home prices in DC hitting record highs, and inventory levels remaining low, navigating a home purchase for the first time can be overwhelming. Here are five tips for helping you tackle the home-buying process; and, as always, contact Carolyn today … Read More