When enjoying America’s birthday on the Fourth of July, there is no better place to be than the nation’s capital.
Washington, D.C. and its surrounding areas take this holiday seriously, with a multitude of events and celebrations throughout the three-day weekend, culminating with many Monday night fireworks displays.
You’ve all heard the real estate adage “location, location, location”. If you real want to know how the real estate market is today, it’s about location. And it’s also about perspective.
Let’s look at location first. What you hear and read in the news is generally more of a global outlook and although things look bad in Michigan, Florida, Nevada and other locales, relatively speaking it’s not too bad in the DC metropolitan area.
Summer is here and our market is HOT! Buyers are out looking for just the right house and houses that are priced at market value, are in good condition and in good locations are selling! Our May statistics are going to be a little "plastic" in comparison to this same time last year. As you may recall, we still had the first time homebuyer tax credit last year.
When people typically think of galleries and museums in Washington, D.C., they imagine the stretch of buildings flanking the National Mall, on Constitution and Independence Avenues.
While those are world-class museums, they are far from the only ones in the city. In fact, off the beaten path, some of this city’s greatest galleries are begging to be discovered.
Looking back at the month of May, 2011; the real estate statistics for Washington, DC seem muddled. With the Total Sold Dollar Volume at $325,048,359, showing a loss of -5.05% over this same time last year and up +16.95% over the month before. I felt that something a little more visual would put things in perspective.
Professional golf has four major tournaments during its season: The Masters, the U.S. Open, the British Open and the PGA Championship.
Two of those tournaments will never travel to our area. The Masters is permanently tethered to its home in Augusta, Georgia and the British Open is always held on a course across the pond.
In recent years, there’s been a drastic shift in the culinary world. The focus, from chefs down to consumers, has put a spotlight directly on the carbon footprint caused by eating.
In an effort to reduce that, a massive local food movement is underway, with people trying to mostly consume products grown or raised near where they live.
I feel like it is an unofficial rite of passage that every true DC’er, at some point during the summer, takes a long weekend trip to Dewey Beach before they are dubbed the honor of being a REAL DC resident.
Our Northern Virginia Market continues to show a steady increase in the average sale price. And with the exception of a few isolated markets, the average sales price continues to increase year over year.
Everyone knows just how swelteringly hot it can get in Washington D.C. during the summer. These past two days of 95 degree temperatures and 90 percent humidity confirmed what everyone that lives here already knows. In the summer, you have to beat the heat.