Glenn Dale
REAL ESTATE
For Sale | 125 Atlantic Street, SE - $450,000
“Step into modern luxury at 125 Atlantic Street SE, where no detail has been overlooked in this meticulously remodeled property. The heart of the home is the renovated gourmet kitchen featuring sleek stainless steel appliances, upgraded countertops, and ample cabinetry, perfect for culinary enthusiasts and entertaining alike. The home boasts newly remodeled bathrooms that offer contemporary fixtures and finishes. The main and upper levels feature brand new luxury vinyl plank (LVP) flooring, providing both durability and style throughout the home. Every aspect of this home has been thoughtfully upgraded, including new interior and exterior doors, vinyl windows, and a modern HVAC system to keep you comfortable year-round. You'll also appreciate the new water heater and lighting fixtures, ensuring efficiency and ambiance in every room. To complete the transformation, the entire interior and exterior have been freshly painted, offering a bright and inviting atmosphere the moment you walk in. This home is truly move-in ready, offering peace of mind and modern conveniences in a prime location. Don't miss the opportunity to own this beautifully renovated gem on Atlantic Street SE. Schedule your private tour today!”
DC attorney general uncovers illegal kickback scheme violating homebuyer rights
The attorney general for Washington, D.C., announced Thursday a revelation into what the city says is the widespread use of illegal kickback schemes in the title insurance market. Attorney General Brian Schwalb said multiple companies will pay a combined $3,290,000 after his office revealed they offered real estate agents discounted lucrative interests on ownership and […]
Douglas Acquires Office Building in Downtown D.C.
Douglas Development Corp. has acquired the Portrait Building at 701 Eighth St. NW in D.C., which the previous owner turned over to its lender earlier this year. Jemal’s Portrait Building LLC, a Douglas affiliate, bought the 135,000-square-foot, eight-story property for $34.25 million from lender Oconee Real Estate Holdings VIII – Portrait LLC, an affiliate of Atlanta’s Voya Investment Management LLC, reported the Washington Business Journal. The sale of the property known as the Portrait Building works equates to nearly $254 per square foot.
Downsizing isn't so simple for DMV empty nesters
Real estate agent Connie Carter says DMV homeowners want to downsize, but it's not so simple: There's limited inventory in most buyers' budgets, thanks to high home prices and mortgage rates. Why it matters: Finding a buyer isn't a problem — finding somewhere for the seller to go is.
Bright MLS Weekly Market Report
Despite falling rates, contract activity remains subdued. Mortgage rates have fallen to their lowest level in more than a year; however, home buyers are not yet jumping back into the market. During the week ending August 25, there were 5,648 new pending contracts across the Bright MLS service area, which was down 2.8% from a week ago, and is tracking 1% lower than last year at this time.
Friend Commercial Real Estate appoints Jacob Altshuler as CAO
Experienced leader brings extensive legal and real estate expertise. Millersville, MD — Friend Commercial Real Estate is pleased to announce the recent appointment of Jacob Altshuler as the company’s chief administrative officer (CAO). In his new role as CAO, Altshuler is responsible for overseeing the administrative operations of...
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