Condos Coming to Capitol Hill and New Jersey Avenue

A number of new residential developments are bringing condos and more to parking lots and under utilized spaces in the District. Some construction projects to keep an eye out for in the coming months include condos coming to 11th and I streets in Southeast Capitol Hill and residential units coming to New Jersey Avenue in […]

First-Time Homebuyers Rule D.C. Housing Market

Of the homebuyers in the D.C. area using conventional or government-backed loans, more than two-thirds are first-time buyers, according to data from the Federal Housing Finance Agency. Maryland also ranks high on the list. According to the report, the places with the highest proportion of first-time homebuyers “are generally associated with high-cost metropolitan areas where […]

School’s In: Condos, Art Centers Proposed for Former D.C. School Buildings

In honor of school starting for students in our area, we thought we would update you on redevelopment projects in progress now here in D.C. in areas where schools used to operate. Four Developers have Gylos School Proposals There are now four developers vying for a project to redevelop The Gylos School, a former elementary […]

Reishman Report: DC Median Sold Prices Up, Inventory Stable

The Washington region’s housing market performed well in October, according to the latest data. In the District, the median sold price in October hit $500,000 – that’s a jump of 9.9 percent over last October and the highest median home price in an October in the District ever, and it’s just $30,000 less than the […]

The Reishman Report: A Look at August Real Estate Inventory

August is traditionally a slower real estate month than July in the District – and that held true this year, according to the latest data from RBI. August real estate inventory was down from July by about 9 percent but that’s nothing out of the ordinary for the months of July and August in recent […]

Reishman Report: D.C. Real Estate Inventory Increases

September saw a jump in real estate inventory after a typically slow August, the latest data from RBI shows. August is normally a slow month in Washington, D.C. for a variety of reasons, as is the increase in activity every September. The September active listings were 1,469 across the District. Compared to September in years […]