DC Real Estate

The DC-Area Housing Market in March, By the Numbers

The latest housing report out today for the DC area shows the continued trend of rising home prices and dropping sales in the region. However, pending sales numbers were up in March, an indication that buyer demand may be starting to outweigh rising prices. Below, UrbanTurf picked out a number of relevant numbers and statistics [...]

2019-04-13T01:20:50+00:00April 13th, 2019|

The 350 Residential Units and Maritime Services Planned for the Wharf’s Second Phase

Nearly 18 months after the first phase of The Wharf debuted in DC, the second phase broke ground at the end of March. This phase includes an additional half-mile of development to the stretch of the Anacostia waterfront between the Washington Channel and Maine Avenue, from 6th to 11th Streets SW (map). The 1.25 million square feet of [...]

2019-04-13T01:19:18+00:00April 13th, 2019|

4,000 Units, the Return of a Movie Theater and More Public Space: The Bethesda Rundown

Downtown Bethesda is faced with a few competing dynamics: development in some portions of Bethesda may be slowed by an ongoing development moratorium currently in place as Montgomery County contends with school overcrowding, while some projects are upsizing to take advantage of the downtown Bethesda sector plan's density allowances. Below, we take a look at [...]

2019-04-06T11:52:45+00:00April 6th, 2019|

Mortgage Rates at Lowest Level in More Than a Year

Interest rates are now at their lowest level in more than a year. Freddie Mac reported 4.28 percent with an average 0.4 point as the average for a 30-year mortgage on Thursday, down three basis points from last week. A year ago, rates came in at 4.45 percent. “Mortgage rates have dipped quite dramatically since [...]

2019-03-22T18:17:40+00:00March 22nd, 2019|

A Ladybird, A Wegmans and A Dancing Crab: The Tenleytown and AU Park Rundown

The development train continues to slowly chug along around Tenleytown, American University Park and along the Wisconsin Avenue corridor, perhaps exemplified best by the lot zoned for mixed use that was granted a permanent special exception for use as surface parking last year. Some sizeable developments are planned for the area and the news that a small-format Targetis [...]

2019-03-15T19:51:08+00:00March 15th, 2019|

The 10 Most Expensive Homes Sold in Washington in February

#10 Where: 4998 Warren St. NW How much: $2,400,000 This 7,678-square-foot home in Spring Valley has seven bedrooms, each with its own en-suite bathroom and walk-in closet, as well as a finished basement, two fireplaces, and a four-car garage. #9 Where: 7609 Glenbrook Rd., Bethesda How much: $2,450,000 This renovated Colonial sits on a third of an acre, and [...]

2019-03-09T02:57:37+00:00March 8th, 2019|