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All About District of Columbia Real Estate

By Susan Isaacs, Real Estate Consultant, Washington DC | N Virginia Top Agent
(Compass)
This Isn't 2022's DC Real Estate Market.It's changed. And sellers should, too.You're ready to move on, and you want to sell your Washington DC home quickly... at the highest possible price. But what is that number? Recent data indicates that quite a few sellers are having trouble figuring that out. Last week, home showings in Washington DC dropped week-over-week, but improved from the same week last year The number of new contracts inched up week-over-week, but down year-over-year, and homes took longer to sell Median list price was down significantly year-over-year--and by nearly $50,000. week-over-week Fewer active listings reduced their price than the week and year prior. Sellers now seem to be realizing that overpriced homes have been taking repeated price reductions (called "chasin...
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By Susan Isaacs, Real Estate Consultant, Washington DC | N Virginia Top Agent
(Compass)
Fewer Washington DC homes for sale were shown the week ending on May 4th than the week before. There were fewer new listings than the week before. New contracts also dropped--both week over week and year over year--yet the median list price went up.  In fact, it hit $699,000., 1.5% higher than the same week in 2024, and an increase of 0.9% from the last week of April.Two key metrics to watch at the end of this week: Days on market dropped last week, will the decline continue for a second consecutive week? The number of active listings with a price drop fell. Was this due to the large cache of canceled listings last week, or is a trend developing? See all the latest weekly data and follow us for new monthly data releasing next week.
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By inboundREM Market Updates
(InboundREM)
Condo Spotlight in DC Metro: Stonehall BethesdaIf you're searching for an upscale, contemporary condominium in the vibrant and well-connected Bethesda area, look no further than Stonehall Bethesda. This premier property offers the perfect blend of modern living, luxury, and convenience, making it an ideal choice for homebuyers seeking a blend of comfort and sophistication. As a local realtor, I’m excited to introduce you to Stonehall Bethesda, where exceptional living meets the heart of one of the most desirable neighborhoods in the DC metro area.What is Stonehall Bethesda?Stonehall Bethesda is a high-end condominium community that redefines urban living with a focus on spacious layouts, upscale amenities, and a prime location. Situated just moments from downtown Bethesda, Stonehall off...
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By inboundREM Market Updates
(InboundREM)
Cost of Living in DC What You Need to Know Before MovingWashington, D.C. is a vibrant and historically rich city that draws people from all over the world. Whether you're considering buying a home, relocating for work, or simply exploring your housing options, understanding the cost of living in DC is an essential part of your decision-making process. As a local realtor, I’ve helped many individuals and families navigate the complexities of living in the nation’s capital. In this post, we’ll break down the cost of living in DC, including housing, utilities, transportation, and more, so you can make an informed decision.1. Housing Costs in Washington, DC When it comes to the cost of living in DC, housing is typically the largest factor. Home prices in Washington, D.C. have been rising st...
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By Ritu Desai 703-625-4949, Northern Virginia,Washington DC & Maryland Realtor
(Samson Properties)
Uncertainty, federal job layoffs, and a flood of DC Metro inventory—this is the question I get daily: Is now a bad time to buy or sell?As a 21-year veteran realtor, here’s my unfiltered take on today’s market—and why savvy moves can still win.1. For Sellers: This Isn’t 2021—But It’s Not Doom EitherYes, inventory is rising. But let’s reframe: Spring always brings more listings (last year looked similar!). The key is strategy, not panic:Price Smart: Buyers aren’t desperate. Overprice, and your home becomes the “red car” they scroll past.Showcase Your Home: Declutter, stage, and highlight what makes your property unique (e.g., updated kitchens, outdoor spaces).Hire the Right Realtor: Gone are the days of “list it and forget it.” You need a partner who markets aggressively—think professiona...
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By Ritu Desai 703-625-4949, Northern Virginia,Washington DC & Maryland Realtor
(Samson Properties)
If you’re a Loudoun County homeowner, you’ve likely felt the sting of this year’s double-digit tax assessment hikes. I did too—until I fought back and won. Here’s my story, plus how you can secure relief.Here's What I Did:1️⃣ Prepared a Competitive Market Analysis (CMA)Gathered recent sales comps from my neighborhood and surrounding areas.Highlighted discrepancies between county valuations and actual market trends.2️⃣ Submitted a Detailed Appeal:Included the CMA, photos, and descriptions of my home’s condition (no major upgrades).Emphasized neighborhood-specific data to challenge inflated assessments.3️⃣ Persisted After Initial Rejection:The county denied my first appeal.Requested a reassessment with additional comps and a clearer breakdown of market realities.The Result: A Win for My H...
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By inboundREM Market Updates
(InboundREM)
DC Condo Prices What You Need to Know Before Buying or SellingWashington, D.C. has long been a dynamic real estate market with condo prices that reflect the city's vibrant culture, history, and appeal. Whether you're a first-time homebuyer, a seasoned investor, or looking to sell, understanding the factors that influence DC condo prices can help you make more informed decisions. As a local realtor, I’m here to provide insights into how condo prices are shaping up in the District, and what to expect in 2025.What Drives DC Condo Prices?1. Location, Location, LocationIn D.C., location is everything. Condos in neighborhoods like Dupont Circle, Georgetown, and Capitol Hill tend to command higher prices due to their proximity to work, cultural attractions, and access to top-notch amenities. I...
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By Ritu Desai 703-625-4949, Northern Virginia,Washington DC & Maryland Realtor
(Samson Properties)
Looking for a home that combines a prime location with a suite of top-notch services? Discover a space that effortlessly blends urban convenience with comfort.Neighborhood OverviewLocated in Washington, DC under the Dupont Circle Neighborhood, this furnished condo at is nestled in a vibrant neighborhood known for its rich culture and historic charm. Enjoy a setting that blends urban energy with peaceful privacy, steps away from popular cafes, restaurants, and iconic landmarks. Check out the nearby locations and spots through this Google maps link: 1325 18th St NW #602Community Amenities and LifestyleExperience the convenience of a fully furnished home with premium amenities.With the aim of making life easier, the HOA fee includes all of these utilities: Water Heat Cooling Electric Trash...
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By Susan Isaacs, Real Estate Consultant, Washington DC | N Virginia Top Agent
(Compass)
More than 4,000 unemployment claims have been filed in the District of Columbia alone since January 20th. Surrounding areas are also experiencing a spike in claims due to federal job losses resulting from government downsizing. Eliminated positions and terminated personnel number over 100,000... and counting. Sudden job loss can be traumatic, so we are compiling a list of area resources for those who have lost government jobs. If you know of any not listed, please put them in the comments so we can share them. Thanks!View the list
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By Andrea Bedard, Fluent in Real Estate & German, M.A. ABR ASP CIPS
(Thompson Company, REALTORS® 240.593.2860)
Social Media is abuzz with dis- and misinformation. The hype of the moment currently circling: there's a flood of new listings in Washington, DC, and even the rats are fleeing the city! I am only licensed in Maryland (since 2004) but do have access to DC and NoVA listings and statistics as well since the entire area is serviced by the same multiple-listing service, the BRIGHT MLS. According to the data provided by our MLS, neither people nor rats are fleeing the DMV (DC-Maryland-Virginia) - at least not at this time. The latter is unfortunate since there appears to have been an influx lately. We won't know if, how, and when the current developments will impact the Real Estate market. Different factors are at play, such as ongoing litigation for wrongful termination of employment. I don'...
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By Susan Isaacs, Real Estate Consultant, Washington DC | N Virginia Top Agent
(Compass)
2025 Existing Home Sales Expected to Stay Near Historic Lows Mortgage enterprise Fannie Mae has revised its 2025-2026 forecasts for mortgage interest rates and housing sales.   Housing Sales Projections Fannie Mae lowered its expectations for existing home sales to 4% for 2025, from its prior forecast of 11%. Fannie Mae’s downward revision is based on increased mortgage rates and other long-duration bonds over the past two weeks. The 2024 market pace is on track to end at a 30-year low. Existing home sale volume is forecast to increase to 17% in 2026, when affordability conditions are forecast to improve, the lock-in effect weakens, and pent-up demand builds. New home sales are forecast to continue their upward trajectory in  2025 and 2026, supported by homebuilder incentivizing for exi...
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By Susan Isaacs, Real Estate Consultant, Washington DC | N Virginia Top Agent
(Compass)
The BackstoryOn paper, it seemed an impossible deal to get done. But my seller, who had purchased just 3 years prior, at the top of the market for that home type and location, had just returned from an overseas assignment, and was moving to the west coast. He needed to sell to buy again. So, I had to make it happen. But how? The numbers didn't work. Not only had the market changed drastically, he'd put over $80k into a renovation after purchasing, then been forced to rent the home before even living in it. Three years later, it was no longer in that pristine 'just renovated' condition.The Details 2+Den 1 BA rowhouse purchased just 3 years prior, during peak market Renovated after purchase at apprx cost of $85k Leased due to owner’s overseas relocation Market declined over duration of ow...
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By Susan Isaacs, Real Estate Consultant, Washington DC | N Virginia Top Agent
(Compass)
Updated February 10, 2025The Trump administration is on the attack against financial regulations, putting the CFPB, SEC, FDIC and Federal Reserve in his crosshairs.Trump's stated mission to drastically reduce the power of U.S. financial regulators would gift Wall Street with a 'deregulatory boost’ after 15 years of heightened oversight and tightened restrictions. Strict regulation that directly resulted from the 2008 subprime mortgage crisis attributed primarily to their actions, if you'll recall.The financial sector is hoping for elimination of post-market crash safeguards with Trump’s reelection, and probably that Americans will experience mass amnesia related to its past predatory behavior, which didn't land any of them in prison, but wiped out $3.4 trillion from' retirement accounts...
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By Susan Isaacs, Real Estate Consultant, Washington DC | N Virginia Top Agent
(Compass)
In Washington DC, the real estate market has been considered a market of steel due to its government workforce and cachet as the nation's seat of power, but a second Trump administration may prove to be its Kryptonite.A second Trump presidency is an unwelcome disruption in the District, a city so blue the only red you see is on the Nationals’ jerseys. Residents are still recovering from the last one. And don't even think about interfering with their federal workforce or real estate values. But that's exactly what Trump plans to do.Here are the main ways the new Trump administration will impact the District of Columbia's real estate market: The Fed Mortgage Rates Home Prices DC Home Rule Schools Federal Workforce Tariffs Tax Cuts And Exemptions Immigrant Deportations Read about the ways ...
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By Ritu Desai 703-625-4949, Northern Virginia,Washington DC & Maryland Realtor
(Samson Properties)
This Diwali, Costco is back with a vibrant collection of traditional treats, snacks, and essentials to bring the spirit of the festival home! They’ve outdone themselves with a variety of offerings that make celebrating easier, from fireworks to sweets, all thoughtfully curated for the occasion.Fireworks and Gift BoxesKickstart the celebrations with Costco’s firework selection! Alongside, gift boxes are a staple this year, offering an assortment of classic snacks and sweets. From Khatta Meetha (a savory and tangy favorite) to Britannia Good Day cookies, these packages bring a touch of nostalgia. It’s like a walk down memory lane, especially for those who grew up enjoying these flavors.Traditional Sweets and DiyasCostco’s assortment includes laddus, in gift-ready boxes or smaller packs pe...
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By Susan Isaacs, Real Estate Consultant, Washington DC | N Virginia Top Agent
(Compass)
Fall Brings ConfusionDC Metro home buyers may be expecting interest rate reductions and new broker compensation mandates, but those aren't the only changes they'll encounter this fall.New rules for touring homes are also in effect, visiting open houses may feel different, and the options for ministerial acts agents may provide to unrepresented buyers could become increasingly limited.Here's what you need to know if you're planning to purchase a DC or NVA home this fall or winter.Buyer Agency Agreements & TouringAs most prospective homebuyers are now likely aware, August 17th ushered in changes to real estate practices as a result of NAR (National Assoc. of Realtors) class action settlements, MLS participants now require a signed agreement before an agent can show homes.Is that totally n...
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By Ritu Desai 703-625-4949, Northern Virginia,Washington DC & Maryland Realtor
(Samson Properties)
Back at it again with another market update in the DC Metro area this week! Guess what - prices are rising, and together with that, new contracts are being signed compared last year.With a 3.2% jump from last week, the median list price soared to $415,000 in the Bright MLS service area, a 7.8% increase from the same week last year. Historically, list prices have jumped at the beginning of fall, but this year the bump in prices happened earlier.New contracts are hovering just above last year's level.There were 5,812 new contracts in the Mid-Atlantic for the week ending August 18, which is 4.3% higher than the same week last year. Southern Maryland is the only region to not have a small uptick in new contracts over last year for this week.If you have any questions about buying or selling ...
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By Ritu Desai 703-625-4949, Northern Virginia,Washington DC & Maryland Realtor
(Samson Properties)
I’m excited to share that I’ve been named one of Washington, DC’s Top 100 Elite Producers Platinum for 2024! This is a huge honor and shows my commitment to helping people with their real estate needs.This recognition wouldn’t be possible without the trust and support of my clients and community. You’ve helped make this achievement a reality, and I’m incredibly grateful.Real estate is more than just buying or selling homes—it’s about finding the perfect place to make memories. If you’re thinking about moving or just curious about your options, let’s connect and explore how we can make your dream home come true.
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By Susan Isaacs, Real Estate Consultant, Washington DC | N Virginia Top Agent
(Compass)
BUYER AGENCY | WASHINGTON DCHere's the 'plain and simple' of buyer agency in DC real estate under the new system resulting from the NAR class action lawsuit settlement. It's clunky, but not game-changing. The market is still the market, influenced by inventory, mortgage interest rates, general economic conditions, and election years.Read about it here
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By Susan Isaacs, Real Estate Consultant, Washington DC | N Virginia Top Agent
(Compass)
Don't believe the wild claims about "the end of 6% commission" in real estate.Unreliable Internet sources misled the public when they claimed that the cost of representation for real estate transactions was mandated to drop due to the NAR class-action lawsuit settlement. In fact, the settlement does not relate at all to the cost of representation, just the method used in communicating cooperation and deciding who's paying buyer broker compensation.Learn morehashtag#brokercompensation hashtag#narsettlement hashtag#dcrealestate hashtag#dcrealestatecosts hashtag#payingyourdcagent hashtag#cooperativeompensation hashtag#buyerbrokercommission
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