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Washington, DC Real Estate News

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...
Comments 3
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...
Comments 3
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...
Comments 2
By inboundREM Market Updates
(InboundREM)
The real estate landscape in the Washington DC Metro Area has been notably dynamic, especially in 2024. Combining historical allure with modern developments, the DC area presents distinct challenges and opportunities for home sellers. Among these, choosing to sell your home as a For Sale By Owner (FSBO) can be appealing, mainly due to the potential savings on commission fees. However, navigating the FSBO landscape requires a deep understanding of the market, strategic pricing, and effective marketing.Are you wondering, "How can I sell my house in DC?" This detailed guide will outline the crucial steps and effective strategies for enhancing your likelihood of a successful home sale in the DC Metro Area. Whether you're a seasoned homeowner or a first-time seller, these insights will equip...
Comments 2
By inboundREM Market Updates
(InboundREM)
Washington, DC, the nation's capital, is the heart of political activity in the United States and a prime destination for many looking to relocate due to its thriving economy, vibrant cultural scene, and robust educational opportunities. If you are considering moving to Washington, DC, understanding what the city offers and the logistics of living in this bustling metropolis is crucial. This guide will provide comprehensive insights into making DC your new home, from the cost of living and employment opportunities to the local culture and safety.Understanding the Cost of Living in Washington, DCOverview of Living ExpensesThe cost of living in Washington, DC, is significantly higher than the national average by approximately 47%. This figure can be intimidating; however, it is important ...
Comments 2
By Claude Labbe, Realty for Your Busy Life
(RLAH / @properties)
 [This is the neighborhood in Washington, DC.  Everyone wants live here, or to come here to eat and enjoy the city.Logan Circle is the quintessential NW DC neighborhood.  It simply looks and feels right, without the attitude one finds with the usually older & more established NW neighborhoods.Penn Quarter, closer to downtown/ Penn. Ave., has the nightlife, clubs and Capital One Arena.Shaw is the place to be and the neighborhood has a great feel of new & old woven together. Interest rates, while still higher than pre-pandemic rates, started to fall in November.  This month, we lost homes again vs. the previous month for a total of 23 homes sold. Up and down, up and down, and once again we are below the 5 year average of 50.  Stubbornly high interest rates have surely slowed sellers selli...
Comments 4
By Claude Labbe, Realty for Your Busy Life
(RLAH / @properties)
Capitol Hill is also a neighborhood in Washington, a big village, split halfway across, half in the NE and half in the SE quadrant of Washington, DC.  Politicians work here, but people live here also.On the north side, an iconic landmark is Union Station, with some 40 million people annually, shown here to represent the local perspective. This is a true transportation hub, with Amtrak, suburban rail, intercity  bus and the Metro(subway) stations to converge. As of 2019, 2nd busiest station in the country.As of February 2016, the H Street Trolley now gets people from (almost) Union Station to past the 15th St Starburst. Extension to Minn. Ave Metro, paused due to budget concerns at the moment, stay tuned.This view shows the station as you drive up in a cab, or Bikeshare or walk from Capi...
Comments 3
By Claude Labbe, Realty for Your Busy Life
(RLAH / @properties)
Capitol Hill is not only a political idea, it is also a big village, a neighborhood split halfway across, half in the NE and half in the SE quadrant of Washington, DC.  Politicians work here, but people live here also.On the south side of this neighborhood is Barracks Row, and the ever growing and popular Navy Yard with the Nationals Park neighborhood.  Let's consider that we will return to some level of foot traffic here in the summer of 2024, even if not 2019 levels yet.The Navy Yard has very good Metro access, and is also home to baseball's Nationals Park. This neighborhood has also become the 'it' neighborhood, growing faster than any other in the past year.  All the residential growth has fueled demand for lots of new neighborhood amenities, which brings more people.  It certainly ...
Comments 2
By Claude Labbe, Realty for Your Busy Life
(RLAH / @properties)
This quote is getting older, but even more relevant in 2023. Councilmember Charles Allen was quoted in the Washington City Paper (8/21/2O15) saying "Southwest is an absolutely incredible neighborhood.  It's a neighborhood that has so many things: Metro stations, water access, parks & greenspaces, small and big residential buildings.  A lot of people just didn't realize it was there".Audi Field, home of DC United Soccer, as well as PNHoffman's The Wharf will ensure a lot more people find this neighborhood.This view shows the opening day, which was a good day, albeit with opening issues. DC United has upped it's game this season with a few team additions, surely to benefit a stronger team.   A total of 10 homes were sold in November 2023, about the same as the previous month and a few les...
Comments 2
By inboundREM Market Updates
(InboundREM)
In today's fast-paced world, making informed decisions about where to live is crucial. One of the most significant factors to consider when choosing a residence place is the cost of living. Understanding the average cost of living in a particular city can help you plan your finances better and ensure a comfortable lifestyle. What is the average cost of living in Washington, DC? In this blog post, we'll delve into the various aspects of the cost of living in this charming city, the nation's capital, and provide valuable insights to aid your decision-making process.Housing Costs1. Renting in D.C.Neighborhood VariationsWhen renting in Washington, D.C., your chosen neighborhood can significantly impact your monthly expenses. The city is known for its diverse neighborhoods, each with its uni...
Comments 2
By Claude Labbe, Realty for Your Busy Life
(RLAH / @properties)
 [ This is the neighborhood in Washington, DC.  Everyone wants live here, or to come here to eat and enjoy the city.Logan Circle is the quintessential NW DC neighborhood.  It simply looks and feels right, without the attitude one finds with the usually older & more established NW neighborhoods.Penn Quarter, closer to downtown/ Penn. Ave., has the nightlife, clubs and Capital One Arena.Shaw is the place to be and the neighborhood has a great feel of new & old woven together. Interest rates continue to remain high in October.  This month, we gained a few homes  vs. the previous month for a total of 35 homes sold. Up and down, up and down, but once again we are below the 5 year average of 53.  Buyers will continue to buy and sellers will continue to sell, so we will watch to see if this tr...
Comments 3
By Claude Labbe, Realty for Your Busy Life
(RLAH / @properties)
Capitol Hill is also a neighborhood in Washington, a big village, split halfway across, half in the NE and half in the SE quadrant of Washington, DC.  Politicians work here, but people live here also.On the north side, an iconic landmark is Union Station, with some 40 million people annually, shown here to represent the local perspective. This is a true transportation hub, with Amtrak, suburban rail, intercity  bus and the Metro(subway) stations to converge. As of 2019, 2nd busiest station in the country.As of February 2016, the H Street Trolley now gets people from (almost) Union Station to past the 15th St Starburst. Extension to Minn. Ave Metro, paused due to budget concerns at the moment, stay tuned.This view shows the station as you drive up in a cab, or Bikeshare or walk from Capi...
Comments 2
By Claude Labbe, Realty for Your Busy Life
(RLAH / @properties)
Capitol Hill is not only a political idea, it is also a big village, a neighborhood split halfway across, half in the NE and half in the SE quadrant of Washington, DC.  Politicians work here, but people live here also.On the south side of this neighborhood is Barracks Row, and the ever growing and popular Navy Yard with the Nationals Park neighborhood.  Let's consider that we will return to some level of foot traffic here in the summer of 2024, even if not 2019 levels yet.The Navy Yard has very good Metro access, and is also home to baseball's Nationals Park. This neighborhood has also become the 'it' neighborhood, growing faster than any other in the past year.  All the residential growth has fueled demand for lots of new neighborhood amenities, which brings more people.  It certainly ...
Comments 2
By Claude Labbe, Realty for Your Busy Life
(RLAH / @properties)
This quote is getting older, but even more relevant in 2023. Councilmember Charles Allen was quoted in the Washington City Paper (8/21/2O15) saying "Southwest is an absolutely incredible neighborhood.  It's a neighborhood that has so many things: Metro stations, water access, parks & greenspaces, small and big residential buildings.  A lot of people just didn't realize it was there".Audi Field, home of DC United Soccer, as well as PNHoffman's The Wharf will ensure a lot more people find this neighborhood.This view shows the opening day, which was a good day, albeit with opening issues. DC United has upped it's game this season with a few team additions, surely to benefit a stronger team.   A total of 13 homes were sold in October 2023, about the same as the previous month and a few less...
Comments 2
By Claude Labbe, Realty for Your Busy Life
(RLAH / @properties)
 [ This is the neighborhood in Washington, DC.  Everyone wants live here, or to come here to eat and enjoy the city.Logan Circle is the quintessential NW DC neighborhood.  It simply looks and feels right, without the attitude one finds with the usually older & more established NW neighborhoods.Penn Quarter, closer to downtown/ Penn. Ave., has the nightlife, clubs and Capital One Arena.Shaw is the place to be and the neighborhood has a great feel of new & old woven together.  Interest rates remain stubbornly high in September.  This month, we lost homes  vs. the previous month for a total of 28 homes sold. Once again we are below the 5 year average of 46.  Buyers will continue to buy and sellers will continue to sell, so we will watch to see if this trend will continue.  We can't predict...
Comments 6
By Claude Labbe, Realty for Your Busy Life
(RLAH / @properties)
Capitol Hill is also a neighborhood in Washington, a big village, split halfway across, half in the NE and half in the SE quadrant of Washington, DC.  Politicians work here, but people live here also.On the north side, an iconic landmark is Union Station, with some 40 million people annually, shown here to represent the local perspective. This is a true transportation hub, with Amtrak, suburban rail, intercity  bus and the Metro(subway) stations to converge. As of 2019, 2nd busiest station in the country.As of February 2016, the H Street Trolley now gets people from (almost) Union Station to past the 15th St Starburst.This view shows the station as you drive up in a cab, or Bikeshare or walk from Capitol Hill on left.  If you were there today, you'd see no cabs, and no people inside (or...
Comments 4
By Claude Labbe, Realty for Your Busy Life
(RLAH / @properties)
Capitol Hill is not only a political idea, it is also a big village, a neighborhood split halfway across, half in the NE and half in the SE quadrant of Washington, DC.  Politicians work here, but people live here also.On the south side of this neighborhood is Barracks Row, and the ever growing and popular Navy Yard with the Nationals Park neighborhood.  Let's consider that we will return to some level of foot traffic here in the summer of 2022, even if not 2019 levels yet.The Navy Yard has very good Metro access, and is also home to baseball's Nationals Park. This neighborhood has also become the 'it' neighborhood, growing faster than any other in the past year.  All the residential growth has fueled demand for lots of new neighborhood amenities, which brings more people.  It certainly ...
Comments 3
By Claude Labbe, Realty for Your Busy Life
(RLAH / @properties)
This quote is getting older, but even more relevant in 2023. Councilmember Charles Allen was quoted in the Washington City Paper (8/21/2O15) saying "Southwest is an absolutely incredible neighborhood.  It's a neighborhood that has so many things: Metro stations, water access, parks & greenspaces, small and big residential buildings.  A lot of people just didn't realize it was there".Audi Field, home of DC United Soccer, as well as PNHoffman's The Wharf will ensure a lot more people find this neighborhood.This view shows the opening day, which was a good day, albeit with opening issues. DC United has upped it's game this season with a few team additions, surely to benefit a stronger team.   A total of 14 homes were sold in September 2023, just a few more than the previous month and a few...
Comments 2
By Claude Labbe, Realty for Your Busy Life
(RLAH / @properties)
 [ This is the neighborhood in Washington, DC.  Everyone wants live here, or to come here to eat and enjoy the city.Logan Circle is the quintessential NW DC neighborhood.  It simply looks and feels right, without the attitude one finds with the usually older & more established NW neighborhoods.Penn Quarter, closer to downtown/ Penn. Ave., has the nightlife, clubs and Capital One Arena.Shaw is the place to be and the neighborhood has a great feel of new & old woven together.  Heading into fall and interest rates remain at 20 year highs, though the market seems to have taken this in stride as numbers haven't changed much since previous months.  As with other months, we gained a few in numbers of homes sold in August vs. the previous month for a total of 53 homes sold. Once again we are be...
Comments 6
By Claude Labbe, Realty for Your Busy Life
(RLAH / @properties)
Capitol Hill is also a neighborhood in Washington, a big village, split halfway across, half in the NE and half in the SE quadrant of Washington, DC.  Politicians work here, but people live here also.On the north side, an iconic landmark is Union Station, with some 40 million people annually, shown here to represent the local perspective. This is a true transportation hub, with Amtrak, suburban rail, intercity  bus and the Metro(subway) stations to converge. As of 2019, 2nd busiest station in the country.As of February 2016, the H Street Trolley now gets people from (almost) Union Station to past the 15th St Starburst.This view shows the station as you drive up in a cab, or Bikeshare or walk from Capitol Hill on left.  If you were there today, you'd see no cabs, and no people inside (or...
Comments 2
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