I stopped by our upcoming listing at 3532 13th Street NW this afternoon and was happy to see lots of progress at the property! Â The hardwoods are nearly finished in the penthouse and appliances should be in place next week. Â I love the folding doors off the top rear porch! Â For more information and picture, check out the web page:Â http://www.rcrdc.com/3532-13th-street-nw.php
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Spring has come early to the Washington DC real estate Market! Buyers are out in big numbers as inventory continues to be an issue. There are 25 percent fewer homes to choose from this March compared to last year and well-priced listings are often seeing multiple offers. Strong demand is undoubtedly exerting upward pressure on home prices here in the Nation's Capital.
Rent on apartments has continued a steady climb in recent years while interest rates have remained close to historic lows. As a result, many residents have found owning makes a lot more financial sense than renting and they're now looking to buy. The supply squeeze is also affecting small to mid-size…
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Anchored by the Washington DC Convention Center, Mount Vernon is a neighborhood in transition. As the area continues to evolve many existing row houses are being converted to condos while prices in existing projects continues to rise. The sprawling row house at 428 M Street NW is currently being converted to four luxury condos with development expected in "Fall of 2012."
In the past 12 months, prices in Mount Vernon have caught up with more expensive projects to the South in Chinatown. The Sonata Condos at 301 Massachusetts Ave NW serves as an informal gateway to Mount Vernon. Another development in the neighborhood that has seen a stready rise in values demand is the condos at Ten Ten Mass. A third project at City Vista Condos has also seen strong…
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