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Washington, DC Real Estate News

By Shantée Haynes | AHWD, C2EX, Helping the DMV On The Move...
(Berkshire Hathaway HomeServices PenFed Realty | Washington, DC )
📍 Understanding the Surge in Expireds and What It Means for Sellers and BuyersThere’s a shift happening across the Washington, DC real estate market—and it's not just about prices or interest rates. A growing number of homes are being pulled from the market altogether, many after sitting unsold for weeks.In fact, across major U.S. cities, expired listings have surged nearly 50% year-over-year. Here in the DC metro area, sellers are backing out of the market at the fastest rate since the height of the pandemic. Why? Most are chasing prices that buyers are no longer willing to pay.Sellers Still Expect 2022 Prices — But It’s a Different Market NowMany homeowners are listing their properties based on what their neighbor got two years ago. The problem? Today’s buyers are shopping with 2025 w...
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By James Downing - Metro DC Houses Team REALTORS®, CRS, GRI, ABR,MRP, MilRes, When Looking to Buy or Sell - Make the Right Move
(Real Living | At Home)
Here are the Properties that sold in this Washington DC Neighborhood:  August 2008 Type of Property      #BR/Baths                 List Price           Closed Price     # Days on Market Condo                       2/2                        $799,900            $765,000                 598*  Condo                       2/3                        $535,000            $505,000                 290        Row House                2/1.5                      $410,000            $412,000                 312             Row House                4/3.5                    $1,150,000          $1,010,000               148 Row House                5/2.5                      $655,000            $655,000                 191 Condo                       2/2                        $749,900            $735,0...
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By Lanre-"THE REAL ESTATE FARMER" Folayan, I don't make promises.I deliver results.SOLD HOMES
(ERNAL REAL ESTATE GROUP with Samson Properties)
Looking for something to do this weekend but not sure what it is you want to do? Look no more. Hopefully my Washington DC Weekend Guide will help.                                                   PERFORMING ARTS: On friday September 5th,comic legend Bob Newhart will be performing at the Warner Theatre, Warner Theatre 13th and E Street NW Washington DC  202-397-7328.                                                      MUSIC EVENTS: On friday September 5th,Eighties Mayhem. DJ's are going to be playing music from the 80"s at the Black Cat. Black Cat  1811 14th St NW Washington DC   202-667-7960 On saturday September 6th,japanese alto saxophonist sadao watanabe will be playing the flute and soprano jax at the Blues Alley Blues Alley 1073 Wisconsin Ave NW Washington DC 202-337-4141.       ...
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By Lanre-"THE REAL ESTATE FARMER" Folayan, I don't make promises.I deliver results.SOLD HOMES
(ERNAL REAL ESTATE GROUP with Samson Properties)
Home buyers: Looking to buy a house in Congress Heights Washington DC but not sure since you don't know the market in the area. Well as of September 3,2008,there are currently 117 Congress Heights Washington DC Houses for sale (Zip code 20032). Out of the 117 Congress Heights Washington DC Houses for sale:      50 of them are condominums. The lowest priced condominum is a one bedroom,one bath that is currently on sale for $90,000. The highest priced condominum is a two bedroom,one bath that is currently on sale for $240,250.        5 of them are co-ops. The lowest priced co-op is a one bedroom,one bath that is currently on sale for $59,999. The highest priced co-op is a two bedroom,one bath that is currently on sale for $79,000.      62 of them are houses. The lowest priced house is a t...
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By Patricia Kennedy, Home in the Capital
(RLAH@properties)
Normally, I scan and quickly delete email that comes to us from MRIS, the multiple listing service used in many markets in the mid-Atlantic region.  But not this morning. There were two interesting items in today's message, one dealing with short sale and foreclosure listing profiles and a second detailing what must go into a short sale package. The MRIS listing profiles now have two new categories, one that you check for a potential short sale and the second for a bank owned property in foreclosure.  Until now, we've had to look for some hint in either the listing remarks or in the house itself (like a missing kithen, perhpas?) that this was no normal listing.  It was also difficult to determine just how many distressed listings were in our inventory.  Now, at least as soon as the list...
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By Patricia Kennedy, Home in the Capital
(RLAH@properties)
When I moved to Washington to harass airlines for Ralph Nader, my first home was in Adams Morgan in what is now the Valley Vista condominium.  Back then,it was a building with rent controlled apartments that even I could afford on a non-profit salary.  As with much of the rental housing in the neighborhood, it went condo.My 1-bedroom apartment was gigantic compared to my New York City brownstone - I had 835 square feet of space, compared to about 300 in New York.  In Washington, I also got an amazing top-floor view of Rock Creek Park and the National Cathedral.  And while I no longer live in Adams Morgan, I do go there often - and not just to show houses and condominiums.  The neighborhood has my favorite restaurants and grocery stores.  Every time there is an uprising in a far corner o...
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By Patricia Kennedy, Home in the Capital
(RLAH@properties)
DuPont Circle is an historic neighborhood just inside the “Old City”, that part of Washington included in Pierre L’Enfant’s original plan for the capital.  It was a popular place for the late 19th century captains of industry to build mansions for their families, although all too many of these lovely historic residences have fallen to the wrecking ball.  Today, there are many Victorian bay front town homes on the side streets, and a few of the original mansions remain as clubs and embassies.  At 15 DuPont Circle, The Washington Club occupies the only remaining  original mansion on the Circle.After World War II, the neighborhood lost its chic.  When I first moved to Washington in the early 70’s, DuPont Circle had a really high funk factor, and was the neighborhood of choice for gutsy urb...
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By Patricia Kennedy, Home in the Capital
(RLAH@properties)
If you were a rich guy who moved to Washington in 1909 to serve in William Howard Taft’s cabinet, you’d need a really fabulous house.  And the coolest new subdivision of that time was up the hill from Dupont Circle, called Kalorama -  from Greek meaning “beautiful view”.Some of the mansions built by those turn of the last century moguls are still among the finest residences in the District.  This neighborhood is full of Washington’s finest homes and embassies, including the amazing French Embassy on Kalorama Road.So if you are invited to serve in an Obama or McCain administration, you will be able to find a home in Kalorama with great entertaining space – some even have ballrooms!One of the really fun things about being a Washington real estate broker is getting to see so many o these h...
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By Lanre-"THE REAL ESTATE FARMER" Folayan, I don't make promises.I deliver results.SOLD HOMES
(ERNAL REAL ESTATE GROUP with Samson Properties)
Updated: As of September 3,2008,there are 136 Anacostia Washington DC Houses for sale. Two of these listings just came on the market this week. ( This is only houses. This does not include condominums,co-ops and ground rent) One is a four bedroom,two baths and a basement Colonial listed for $450,000. One is a four bedroom,three baths and a basement semi-detached for $317,500. Average selling price of a house in Anacostia Washington DC is $256,706 compared to $229,788 last year a 11.71% increase. Home buyers who brought a house last year in Anacostia Washington DC benefited from the appreciation in home values. This is still a great time to buy. This Real estate market still favors the home buyers. Anacostia Washington DC attractions include Anacostia Park (U.S. National Park Service), a...
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By Lanre-"THE REAL ESTATE FARMER" Folayan, I don't make promises.I deliver results.SOLD HOMES
(ERNAL REAL ESTATE GROUP with Samson Properties)
As of August 30,2008,there are 174 houses that are currently for sale. Four new listings in Deanwood Washington DC houses came on the market this week. One is a two bedroom,one bath house for $175,000. One is a three bedroom,one bath house for $277,000. One is a house that doesnt have any room. (The listing stated that the potential is in the land-4,405 square footage). One is a five bedroom,three bath and a basement for $350,000. Average selling price of a house in Deanwood Washington DC is $244,444 compared to $257,577 last year a 5.10% drop. This is a great time to buy. There are more inventory on the market to choose from and as a home buyer you are in a good position to negotiate a discount price with the sellers. For more,please read the following posts.Deanwood Washington DC Hous...
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By Lanre-"THE REAL ESTATE FARMER" Folayan, I don't make promises.I deliver results.SOLD HOMES
(ERNAL REAL ESTATE GROUP with Samson Properties)
Looking for something to do this weekend? Here are some things that you might find some interest in doing.                                                         MUSIC EVENTS Friday 8/29 at 6pm. The Chancel Hand bell Choir performs. This choir associated with the Towson Presbyterian Church covers a 5-octave range and plays both secular and sacred music.The John F.Kennedy Center for the Performing Arts 2700 F St NW Washington DC 202-467-4600/1-800-444-1324 Jesse McCartney -One of Disney stable of pop stars will be performing along with American Idol Winner Jordan Sparks at the Constitution Hall 1776 D St NW Washington DC  202-397-7328. Saturday 8/30 at the 9:30 Club Chuck Brown "Godfather of Go-go" celebrates his birthday at 8pm. 9:30 Club is located at 815 V St NW Washington DC  202-26...
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By Patricia Kennedy, Home in the Capital
(RLAH@properties)
In the late 1800's, Washington, DC was so hot and had so many mosquitoes, that it's residents really did have to get out of town - unless they wanted to deal with a case of typhoid fever!  And when the wealthier citizens left town, they often headed for Cleveland Park. It was named for President Grover Cleveland, who was one of its earliest renovators.  He bought an old stone house near 35th and Newark Streets and renovated it for use as a summer White House.  He sold it when he left office, and unfortunately it fell to the wrecking ball.In the late 1800's, street car lines linked the neighborhood to downtown and changed its character, turning it into one of the capital's early suburbs.  Today's Metro system replaces the long defunct trolleys.While President Cleveland's house was torn d...
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By Patricia Kennedy, Home in the Capital
(RLAH@properties)
In the original 1792 plan for the District of Columbia, Pierre L’Enfant included a tract of land near the Capitol set aside for a national church.   But Congress decided against building an official church of any type, and the land is now the site of the National Portrait Gallery.A century later, the Episcopal Church obtained 57 acres on Mount St. Albans (now near the intersection of Massachusetts and Wisconsin Avenues, and began to plan its new cathedral.  Whether you live in Washington or you are visiting our city, The Cathedral is an amazing place to visit.I recently read Ken Follett’s book, Pillars of the Earth, about medieval cathedral builders – a book I highly recommend.  And the story gave me new appreciation for these beautiful structures and what goes into keeping them standin...
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By Mirela Monte, Myrtle Beach Real Estate
(Buyers' Choice Realty)
  Maybe it's because I'm the mother of a son I cherish.  Maybe it's because I'm the mother of a son who is currently serving in the military.  Maybe it's because I've only visited it after dusk.  There are lots of maybes, but one thing is for sure:   Never have I encountered a more emotional monument than the Vietnam Memorial.    As I make my way down into the monument and as the slab of shiny, black marble to my left grows taller and taller, revealing more and more names of fallen soldiers perfectly chiseled into the stone, I feel a knot forming in my throat and tears welling in my eyes and then I lose it.  It happens every time I visit this edifice: I just bawl my eyes out.  I'm crying now just remembering my encounters with "The Wall"...   58,256...  That's the number of names on th...
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By Patricia Kennedy, Home in the Capital
(RLAH@properties)
When I first moved to Washington, I got some advice from a colleague (single, like me) who told me tht I should never, ever go out with any man who lived on a boat at the Soutwest Marina.  "They're all weird!"  she exclaimed. Years later, I ignored that advice for a few weeks, and discovered this whole community of people who lived on boats.  And, yes, they were a bid odd, but it was an interesting experience. One thing I've learned to love about this little corner of the city is the fish market.  It's set up as dozens of barges full of fresh seafood.  Some of them even cook it for you.  So whether it's crabs, lobsters, halibut or whatever, this is a fun place to come to get it! The fish market is on Maine Avenue, under the overpass where I-95 funnels traffic into Washington. .         ...
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By Patricia Kennedy, Home in the Capital
(RLAH@properties)
Back in the late 1800's, the federal government was looking for a guy to design an urban oasis in the nation's capital.  So they tapped Frederick Law Olmsted, who also designed New York's Central Park.  Rock Creek flows into the Potomac in Georgetown, and the park follows Rock Creek Valley up into suburban Gaithersburg.  The creek gets its name from, well, rocks!  There are lots of them along the creek bed.  Some of them were used to construct a narrow bridge that I cross several times a week driving from my house to points north.  This photo is courtesy of the National Park Service. Where I live, I have to use Rock Creek Parkway every day to drive to work and to listings across town.  I took this photo from the Buffalo Bridge in Georgetown.  It's an incredibly beautiful drive during ev...
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By Lanre-"THE REAL ESTATE FARMER" Folayan, I don't make promises.I deliver results.SOLD HOMES
(ERNAL REAL ESTATE GROUP with Samson Properties)
Don't know what you are going to do this weekend? Don't have a clue on what you are going to do? Here are some events to attend in Washington DC this weekend. FRIDAY MUSIC       En Vogue -R&B stars of the 90"s best known for hits "Hold on","My loving"(You're never going to get it)" and 'Free your mind" will be performing at the Birchmere Music Hall 3701 Mt.Vernon Ave Alexandria,VA 703-549-7500.      Young Jeezy -Def Jam Recording Platinum rapper out of Atlanta performs at H20. 800 Water St SW Washington DC 202-484-6300.      Once Okay Twice with Ra Ra Rasputin and the Frustrations will be at the Rock and Roll Hotel. 353 H St NE Washington DC 202-388-7625. SATURDAY       Still Black,Still Proud- The African Tribute to James Brown with music directors Pee Wee Ellis and Fred Wesley featuri...
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By Lanre-"THE REAL ESTATE FARMER" Folayan, I don't make promises.I deliver results.SOLD HOMES
(ERNAL REAL ESTATE GROUP with Samson Properties)
Anacostia Washington DC (Zip code 20020)is a neighborhood in Southeast Washington DC. Last month,10 homes sold in this neighborhood Washington DC Market Report Statistics Zip code 20020 in July 2008. There are currently 70 houses for sale in Anacostia Washington DC. Out of the 70 houses on sale. 53 of them are townhouses,single family homes and a ground rent. 17 of them are condominums. Five of the houses for sale in Anacostia Washington DC are one bedroom houses. The lowest priced one bedroom house is $85,900. The highest priced one bedroom house is $199,500. Twenty of the houses for sale in Anacostia Washington DC are two bedroom houses. The lowest priced two bedroom house is $69,922. The highest priced one bedroom house is $310,000. Twenty four of the houses for sale in Anacostia Was...
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By Tony Hain
(the art of city living® group)
Neighborhood Profile: Columbia Heights The Columbia Heights neighborhood of Washington, DC is the city’s model for urban revitalization. With more than half a billion dollars of development since Metro’s arrival in 1999, the city is attempting to maintain diversity and affordability, while attracting new business and residents. If the increased foot traffic since the opening of DC USA, the city’s largest retail complex, is any indication then the investment has paid off. Columbia Heights Real Estate There is a complete menu of real estate options in Columbia Heights, from affordable to luxury; fixer-upper to renovated; and historic to modern---sometimes all within the same block. Real estate values vary widely, with new and renovated properties near the 14th Street retail and Metro stat...
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By Claude Labbe, Realty for Your Busy Life
(RLAH / @properties)
Once again, Virginia nails the top position in Forbes list of "Best States for Business". Maryland is #12, and DC...well, DC didn't get tabulated, though it would certainly be in the lower quadrants. While I don't have much use for generic politicians, Virginia has had a number of pro-business people, including Mark Warner, who went to Richmond after some real work in the northern Virginia area. Why does a Realtor® care to write about this? There's a strong causality between pro-business, income and home prices. Pure and simple. If I could wave my wand and solve the excess supply problem, we'd all be happier.
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By Lanre-"THE REAL ESTATE FARMER" Folayan, I don't make promises.I deliver results.SOLD HOMES
(ERNAL REAL ESTATE GROUP with Samson Properties)
Deanwood Washington DC (Zipcode-20019) is a neighborhood in Northeast Washington DC. Last month,9 homes for sale in Washington DC were sold in the Deanwood neighborhood Deanwood Washington DC Market Report Statistics Zip code 20019-July 2008. There are currently 168 Deanwood houses for sale. Out of the 166 houses for sale in Washington DC (Deanwood) 19 of them are condominiums. 2 of them are co-ops. 147 are homes. 10 of the Deanwood Washington DC Houses for sale are one bedroom houses. The lowest priced one bedroom Deanwood Washington DC house for sale is $45,000. The highest priced one bedroom Deanwood Washington DC House for sale is $164,900. 54 of the Deanwood Washington DC Houses for sale are two bedrooms houses priced from $45,000-$280,000. The lowest priced two bedroom Deanwood Wa...
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