Seat Pleasant
REAL ESTATE
Family First: Buyer Goes Over Asking Price For Highly-Coveted $1.295M DC Listing
Location was everything for a new homeowner who was willing to go over the asking price for a Chevy Chase home that was conveniently located near family.A one-level home nestled along a tree-lined street on 4100 Ingomar St. NW in DC sold for $1.403 million after being listed by Rober…
Listing of the Day: 812 6th Street NE
Type: 5 BR, 5 (+1 half) BA townhouse — 3,243 sq. ft. Noteworthy: Luxury and modern elegance are perfectly balanced to create the ultimate living. Introducing the latest development and custom-built new construction by William Andrew Homes: Welcome to 812 6th Street NE, where luxury and modern elegance are perfectly balanced to create the ultimate living experience in the bustling H Street corridor.
Dan Snyder’s Mount Vernon Property on Market for $60M
Dan Snyder, former owner of the Commanders, is selling his sprawling mansion in Mount Vernon. The home at 7979 E. Boulevard Dr. is listed for $60 million, making it the highest-priced listing in the region. Snyder bought the property, originally listed for $60 million, for $48 million in 2021. River...
Most and least expensive townhouses sold in Alexandria (June 2024)
Here in Alexandria, real estate is a spectator sport. Let’s take a look at some of the most and least expensive townhouses sold last month (June 2024). 4300 Duke St — Seminary Hill — $395,000 (2 beds | 1 bath | 864 sq. ft.) 3229 Ravensworth Place...
Aggregate Real Estate Investors Buys MD Retail Center for $28M
Aggregate Real Estate Investors has purchased the Montrose Shopping Center retail plaza in Rockville, Maryland, from Rosenthal Properties for $28 million. Aggregate Real Estate Investors, which Jacobsen formed after leaving Rosenthal Properties last year, partnered on the deal with Maisel Development, Farhat Cheema and Leo Choi, reported the Washington Business Journal. Jacobsen had most recently served as executive vice president and director of acquisitions for Rosenthal.
Officials break ground on new affordable housing
SCG Development held a groundbreaking event on July 17 for the first phase of a two-phase new affordable housing development in Northern Virginia. Somos at McLean Metro Phase A will be a new construction mid-rise multi-family rental housing community for lower-income households. Upon completion, Somos at McLean Metro – Phase A will create 231 new affordable homes in a high barrier-to-entry market walkable to the Metro.
Real Estate Fresh Finds: July 17
Real Estate Fresh Finds is a weekly selection of newly listed properties in the District, brought to you by RLAH Real Estate. “Welcome to your dream home in the heart of Congress Heights, one of D.C.’s most dynamic neighborhoods. This stunning semi-detached 3-bedroom, 2.5-bathroom residence has been meticulously renovated to offer modern comforts while maintaining its classic charm. No detail has been overlooked during the process of modernizing this classic home, including a gourmet kitchen with new stainless appliances, new cabinets, and shining stone countertops. The large, private backyard is perfect for outdoor entertaining, gardening, or simply relaxing in your own oasis. This home is perfect if want you want turnkey — the roof was replaced within the last 5 years as well as all the drywall, HVAC, water heater, and wiring. Don’t miss out on this quintessential D.C. home with all the modern comforts.”
A NAREB Message To Black Consumers in the Wake of Major Procedural Changes Looming in Real Estate Transactions
WASHINGTON, DC — In the near future, the home buying process will undergo significant change, particularly in the dynamics between homebuyers, sellers, and the real estate agents facilitating the transactions. These changes, stemming from a potential court case settlement, will redefine how home sellers compensate agents for the buyers of their home. The National Association of Real Estate Brokers (NAREB) wants to assure Black families and individuals that our Realtists, who often represent buyers, will continue to offer exceptional advice and service. These changes could potentially affect the affordability and accessibility of homeownership for Black families, and NAREB President Dr. Courtney Johnson Rose.
Ask Eli: Buyer agent commission changes coming next month
This regularly scheduled sponsored Q&A column is written by Eli Tucker, Arlington-based Realtor and Arlington resident. Please submit your questions to him via email for response in future columns. Video summaries of some articles can be found on YouTube on the Eli Residential channel. Enjoy!. Question: What is the status...
NVAR Chief Offers Chamber Info on Price Boom
As this month’s numbers show, the prices that residential real estate properties are commanding in the City of Falls Church are continuing to skyrocket, and no one seems to think they will level off anytime soon. The City’s average single family home is now going for $1,297,818, and some are getting closer to $3 million.
Apartment Building Converted from Peace Corps HQ Office Opens
The Elle, a 163-unit apartment building in downtown Washington, D.C., that was previously the Peace Corps headquarters, recently celebrated the property’s grand opening. A ribbon-cutting ceremony with Mayor Muriel Bowser, district leaders, and the building owners from Willco marked the project’s debut as a highly anticipated office-to-residential conversion. Located at 1111 20th St. NW in the Golden Triangle Business Improvement District (BID), the Elle apartments feature 163 apartments that replace the former office building.
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