Posts Tagged: district of columbia

New Condo Options in Washington, DC

“DC Metro [Region] Closes 2012 with Double-Digit Price Growth” shouts the headline of an article posted on the home page of Real Estate Business Intelligence on Jan. 10. It’s true that 2012 was a better year for D.C. Metro real estate, with median housing prices up 10.5 percent over 2011, and the number of sales… Read more »

The New Reality of Washington DC Real Estate

During our year-end meeting this past week, we did our annual “look back to what we learned” exercise. We are so glad that many in this market have been protected from the economic downtown that has caused so much destruction across our country. However, the most poignant lesson from 2012 is that there is now… Read more »

Washington DC Market Remained Strong in October

Office and apartment vacancy rates in the Washington, DC, area are both lower than national averages, Washington Business Journal reported. Nationwide, the office vacancy rate for the final quarter of 2012 is 15.7 percent, according to the National Association of Realtors, the Business Journal reported: The office vacancy rate in the District is 9.4 percent…. Read more »

DC Real Estate – Like It’s 2005

The house goes on the market and within four hours an agent registers a contract. The calls continue and 36 hours later there are five contracts on the property allowing for a $25,000 escalation in price and the exact settlement date and rent back period the owners hoped to enjoy. Thinking it’s 2005? No, this… Read more »

Gay Realty Watch: Washington, DC

We continue our look into local real estate markets with large gay and lesbian communities. Today, Washington DC, home of one of the largest per capita populations of gays and lesbians in the US, legal gay marriage, and as of last Tuesday, the new House Republican Majority. :::sigh::: DC outpaces nation’s other metro areas in… Read more »