How Amazon HQ2 is Affecting First-Time Homebuyers

August 28, 2019Real Estate & Local News

With Amazon’s second headquarters coming to Crystal City, Alexandria and Arlington have become the two most competitive housing markets in the nation, according to a recent report by Redfin. Home prices in the two northern Virginia suburbs have spiked more than $100,000, on average, since Amazon’s announcement; and, though it will be years before the … Read More

Bethesda Development Updates

August 26, 2019Real Estate & Local News

*Three ongoing Bethesda developments—the Marriott International headquarters, Avocet Tower, and an expansion at Suburban Hospital—made the list of the most expensive projects in the Washington region, according to an analysis by the Washington Business Journal. The projects add up to more than $1.7 billion in development in Bethesda. *Virginia-based developer McCaffery will break ground on … Read More

Donate School Supplies to Local Students

August 21, 2019Real Estate & Local News

As the new academic year quickly approaches, many local students and teachers are in need of supplies. District of Columbia Public Schools values donations to support their educational efforts and collects the following items: *Pens, pencils, notebooks, crayons, & glue *Small portable white boards and dry erase markers *Art supplies *Books on tape *Globes and … Read More

5 Cost-Effective Home Renovations

August 16, 2019Real Estate & Local News

Home renovation costs can quickly add up, especially if you are looking to do a total remodel or substantial addition. However, there are several ways you can upgrade your home with a budget of around $5,000. Whether you’re simply looking to refresh the look of your house or prepare it to be listed on the … Read More

Bethesda Real Estate Market Update

August 14, 2019Real Estate & Local News

The median sold price for single-family homes in Bethesda for July was $929,250, representing a decrease of 11.5% compared to June 2019 and a 3.2% year-over-year decline. Closed sales for the month were off about 15% from the previous month, with homes selling after an average of 38 days on market, 56% lower than the … Read More

5 Tips for Adding Smart-Tech to Your Home

August 7, 2019Real Estate & Local News

Whether you’re looking to add energy-efficient lighting sources or remotely-controlled security systems and thermostats, smart home technology devices are becoming increasingly ubiquitous. Here are five tips for making sure you and your home are prepared before installing the latest in home smart-tech: *Contact your local utility provider to ask about rebates and tax credits for … Read More

5 Tips Before Starting the Custom Build Process

August 2, 2019Real Estate & Local News

The custom-home building process can be more complex than anticipated, with unexpected hurdles along the way. Here are four things owners should understand before starting their projects: #1- Breaking ground may take longer than you think. Breaking ground requires a number of administrative tasks to be completed, such as getting floor plans approved by an … Read More

Montgomery County Overhauls Zoning Laws, Expanding ADUs

July 24, 2019Real Estate & Local News

The Montgomery County Council voted unanimously Tuesday to change the zoning laws, removing significant barriers for homeowners who want to build Accessory Dwelling Units (ADUs) on their properties. At-large Councilmember Hans Riemer, chair of the Council’s Planning, Housing and Economic Development Committee, sponsored the measure, which is intended to increase options for renters in the … Read More

JBG Smith Announces Plans for National Landing

July 22, 2019Real Estate & Local News

Developer JBG Smith, Amazon’s HQ2 landlord, has submitted a proposal to Arlington County to build nearly 1,000 new residences at Pentagon Row, near the Fashion Centre at Pentagon City mall. The new housing units would be built between the existing RiverHouse development at Army Navy Drive, South Joyce Street and South Lynn Street. The residences … Read More

DC-Area Home Prices Set Record, Inventory Hits 6-Year Low

July 17, 2019Real Estate & Local News

Median home prices for June reached the highest price on record for the region at $490,000, up 4% year-over-year (source: Bright MLS). June was the 33rd consecutive month of price appreciation when compared to 2018 levels. Homebuyers are facing intense competition, as the number of listings overall have dwindled 13.3% and new-to-market listings fell 7%. … Read More