Trinidad is an up-and-coming Northeast neighborhood that is becoming a sought-after destination for affordable housing in the District, although that affordability may not last for long. There are several larger properties in the neighborhood that have been renovated and turned into four-unit condominium complexes. These offer much more affordable options than similar units in Northwest DC and other parts of Northeast. The completely remodeled condos offer a good option for those who want to be in a newer property and don’t need the space that comes with owning a house. Situated just north of the trendy H Street Corridor, Trinidad has had a resurgence in just the last five years. While it pales in comparison to H Street NE with retail and dining options,…

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August often brings a slight decline in sales activity in Washington, DC. It is a prime vacation month for area residents as they seek to escape the District for cooler climates, beaches, and mountains. Congress is also out of session which means thousands of DC residents have more leisure time to take these vacations. As such, fewer people are looking to buy than there were earlier in the summer and spring. It also means fewer listings normally appear on the market than in other warmer months of the year. However, the good news is that so far this summer there are more listings on the market than there were a year ago in Washington, DC. The challenge in 2014 is that the median sales price has gone up, and this may account for the fact that the number of…

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The good news is that DC is steadily becoming a more pleasant and accessible place to live. The challenge for hopeful buyers is that prices aren’t where they used to be, even a year ago. The process of urban renewal in the nation's capital has become a self-fueling engine. As more people move back to the District, it inevitably leads to increased demand for local businesses and services. The demand encourages the revitalization of commercial corridors and supports a broader base of cultural, dining, and retail options. In a basic sense, more people equals a more vibrant and eclectic city. The city's build out of the Metro and bus systems along with the wild success of the Capital Bikeshare Program has created a more accessible and useful public…

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Space is becoming more and more of a premium in DC, and the trends we’re seeing as spring turns into summer are certainly reflecting that. It’s a seller’s market in the District as prices continue to climb while the number of available properties have not risen to meet demand.

The biggest example of the lack of space is the spread of pop-ups throughout Washington, DC. These renovated townhouses are 40 to 65 feet in height, often rising high above the two-story houses next to them. The benefit of such properties is that it allows two or three units within a single 4-6 story structure, and uses available vertical space to its fullest. Often these pop-ups replace blighted structures or even vacant lots, helping to bring more housing stock to neighborhoods…

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If you're looking to make a purchase in DC's current real estate climate, the most important thing to keep in mind is that you're buying into an appreciating market. What that boils down to is that you're going to be paying more than someone else did for a similar property even just a few months ago. The sooner a buyer wraps their mind around the idea that they will very likely be paying more than the most recent comparable sales, the sooner they'll be making offers that have a reasonable chance of being accepted.

Buyers should keep in mind that not only does price make their offer competitive, but contract terms are also very important. Being flexible on the settlement date, allowing the seller some extra time to move, conducting a home inspection for…

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Buying a fixer-upper in Washington, DC is a great way to save money and have renovations done yourself, the way you want them done. When flippers purchase a home and renovate it, they are often profiting $200,000-$300,000 when they sell the property in the current DC real estate economy. Cutting out the middle man could lead to a great amount of savings for a home buyer. One neighborhood in the District that offers a number of fixer-uppers is Petworth. More and more of these properties are being snatched up by developers and renovated for a large profit. Petworth is a neighborhood on the rise in the last few years, and it offers bargains compared to nearby neighborhoods Columbia Heights, U Street Corridor, and Shaw. Much of the real estate in this area…

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City Market at O is a great example of urban revitalization in the Shaw neighborhood of Washington, DC. Home to 645 residential units, 182 hotel rooms, 86,239 square feet of retail space, and a unique Giant supermarket, this property has come a long way from its roots. City Market at O is located between O and P Street NW and 7th and 9th Streets NW, less than two blocks from the Mount Vernon Square Metro station on the yellow/green lines. In addition to Shaw, the neighborhoods of Logan Circle, Truxton Circle, and Mount Vernon Triangle are nearby. There are plenty of row homes to be found in the area, and while prices have been on the rise for the last few years, good bargains can still be found. Shaw is one of the most up-and-coming neighborhoods in the…

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If you’re looking to find a two-bedroom condominium near the Walter Washington Convention Center, we can definitely help you in that process. We are experts in the area, as our brokerage is located just a couple miles north of the Convention Center. The building itself is a 2.3 million square foot complex with 77 rooms that opened in 2003. High-rise condos and condo conversions have sprung up left and right in the area since the Convention Center’s opening. You are basically looking at living in one of three neighborhoods in the District if you want to be near the Convention Center: Shaw, Mount Vernon Triangle, or Logan Circle. All three have seen a great rebirth since the turn of the 21st Century. Be sure to check out CityVista at 5th and K Streets NW.…

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If you’re looking for a brand new condominium in one of the District’s most famous neighborhoods, we have just the place for you! Ontario 17, located at 2550 17th Street NW in Adams Morgan, is set to open in May. This six-story property will consist of 80 one- and two-bedroom condos, complete with street level retail and a luxury rooftop deck. You will be located just a few blocks from the heart of Adams Morgan, and within short walking distance of the Columbia Heights and Woodley Park-Zoo Metro stations. Adams Morgan oftens dozens of eating, drinking, and shopping establishments for your enjoyment. It is one of the most bustling social neighborhoods in Washington, DC. The Ontario Theater used to occupy the space that Ontario 17 now does, and that history…

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A four-bedroom, two-and-a-half bath Cape Cod style house available under short sale. A short sale is different from a foreclosure in that the owner is still controlling the sale, not a bank. We are committed to helping both sellers and buyers with the process involved with short sales, especially in Southeast DC. If you’d like more information on short sales, please contact us and check out this great article.

This specific short sale, 136 Wilmington Place SE, is a detached home with three levels. It includes a finished basement and plenty of space at 1,384 square feet. The house stands on a corner property with a good-sized yard and a driveway for off-street parking. It features hardwood floors, a newer kitchen, and a brick fireplace. This home offers…

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