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May 2013

Found 22 blog entries for May 2013.

Outdoor movie festivals in DC are a summer tradition. Perhaps the most famous and well-attended with 15,000 people per movie is Screen on the Green. But DC is also fortunate to have NoMa Summer Screen, Capitol Riverfront Outdoor Movies, and U Street Outdoor Movies as well.

Screen on the Green is a free outdoor summer movie festival in DC held on the National Mall between 7th and 12th Streets. Residents and tourists bring blankets and picnics to the lawn to watch classic films on Monday nights on a huge 20 foot by 40 foot screen. Movies start at sunset (8:30 or 9 PM). But even though the flicks don’t start until dusk, people start to arrive at 5 PM to secure their lawn space. This year, Screen on the Green kicks off with the 1982 classic, E.T. the

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Forest Hills homes are one of the better kept secrets among D.C. real estate. These homes are nestled between Connecticut Avenue and Rock Creek Park and are considered one of the more elite neighborhoods in Washington.

Most of the Forest Hills homes on the market are listed for upward of $1 million and are nearly all single-family homes. The massive homes size of the homes here are in sharp contrast to the smaller studio, one-bedroom and two-bedroom condos and row homes that fill most of the D.C. housing market’s inventory.

Among the more expensive listings for Forest Hills homes, a $3.6 million, 8,064-square-foot Arts and Crafts style home at 5030 Linnean Avenue NW. This home’s luxury features like a barrel vaulted ceiling with cabinets of maple

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Mount Pleasant listings are perhaps not as ballyhooed as listings in Adams Morgan or Georgetown, but this neighborhood in Northwest Washington D.C. is a gem.

Mount Pleasant listings enjoy natural amenities. The community is bordered to the west by Rock Creek Park and to the south by the National Zoo, two of the District’s largest and well known recreation areas. Unlike nearby Adams Morgan, Mount Pleasant is a comparatively quiet area with few bars or restaurants. Instead, large row homes and older trees dominate the landscape here.

Mount Pleasant listings are diverse, and while inventory of active listing has risen from March to April, selections are still far from the numbers they were in 2012. Like most pricing trends in the District, Mount Pleasant

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Glover Park properties just north of Georgetown are in one of the more residential areas in Washington D.C. and homebuyers can find a variety of listings here.

Among the brand new developments in Glover Park properties, 3937 Davis Place is an 8-unit condo project still under construction but already selling. Starting in the $400,000s, these condos are being developed by Lock 7 Development and rendering depict a clean, four-story building with condos that have private balconies. These Glover Park properties are all 2-bedroom, 2-bath condos.

But homebuyers can find Glover Park properties of any size. Glover Park is not as famous as its Georgetown neighbor, but this neighborhood is also upscale with a blend of larger condos and coops and single family

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Play DC is a new plan to rejuvenate playgrounds in the city. Mayor Vincent Gray has allotted $35 million in 2013 and $4 million in 2014 to the effort, which is a partnership between the Department of Parks and Recreation (DPR) and the Department of General Services (DGS).

As part of Play DC, 32 playgrounds will be renovated by October 2013. There are currently 24 playgrounds under construction in all eight wards. Wards 3 and 4 both have the most park improvement projects with five each.

The initial renovations aren’t your run-of-the-mill slides and swings; they are exciting, themed spaces specially chosen for each neighborhood. In the wooded Takoma Park Playground (300 Van Buren Street, NW), the new play structure is modeled after a tree house.  The

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P Street condos are increasingly easy to come by as more development forges ahead in the Shaw areas.

P Street Residences are among the more recent projects for P Street Condos. This is a condo project that is tucked at the corner of P Street and 7th Street NW in the Shaw community.  Valor Development’s plans call for a four-story condo building with a partially raised garage.

The 66 P Street condos in this development are on the smaller side, ranging from 510 square feet to 850 square feet. And they’re just steps away from the new John F. Kennedy Recreation Center and just three blocks south of the Shaw Metro.  A rendering of this building shows a modern-looking structure with several porches for these P Street condos, but the project is still in the

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DC home prices hit a record high this year with a median sales price of $460,000 in the city. That’s the highest median sales price ever in the District of Columbia and a 13.6% increase from last year according to RealEstate Business Intelligence.

Home prices in Northern Virginia experienced an even steeper increase between March 2012 and March 2013. Alexandria City prices rose 24.4% to a median of $487,500, and home prices in Falls Church City were up 37.7% to $631,000. Only one jurisdiction in the report experienced a decrease in median sales price; Fairfax City median prices decreased by 11.5%.

You might think that DC home prices are scaring buyers away, but it’s just the opposite! The rates of home sales are the highest we’ve seen in eight years

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Capitol Riverfront development will continue since the DC Council recently approved funding to move DC Water facilities out of their current location at 1st and O Streets in Southeast DC. Mayor Vincent Gray proposed $9 million for the project, while the Economic Development Committee of the DC Council recommended $1 million. But the final vote allocates $6 million to DC Water relocation in 2014.

After DC Water moves out of its prime location near the Capitol Riverfront, Forest City Washington will redevelop the property as part of The Yards. Forest City Washington has had their eye on the DC Water site since they started negotiations for the land in 2006. The plan for those 4 acres is to expand The Yards with 400 residential units and retail.

The

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H Street Corridor condos include several new condo projects in this Northeast section of the District like the Maia, which includes 84 one and two bedroom units.

The Maia at 1350 Maryland Avenue is a development by Valor Development on the site of the Faith Bible Church.  It’s still in planning phases and set for delivery in 2014.

H Street is an up-and-coming area of the District. Its residents are diverse, ranging from younger professionals to young families to seniors. H Street corridor condos will help shape revitalization here, where the D.C. Government is supporting an H Street Revival plan. Part of the plan calls for support for owner-occupied and live-above-work locations.

H Street corridor condos in the pipeline also include a 22-unit

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Condos in Adams Morgan are mainly renovated older properties as the community in Northwest Washington D.C. has long been fully developed. But a few developers are turning to Adams Morgan to produce new condo projects for home buyers looking for upscale city living in homes they can call their own.

Most of the new condos in Adams Morgan are smaller projects, like Capital City Real Estate’s 19-unit development at 1700 Euclid Street NW. These condos start in the mid-$300s and include one, two and three-bedroom layouts. These condos in Adams Morgan even include a few penthouse units with multi-level rooftop decks.  Sales have already begun and delivery is slated to start this summer.

Actually, most of the condos at 1700 Euclid Street are under contract,

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