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Denny Horner

Houses in Washington DC: Something in There for You

01-28-10
Denny Horner
Washington D.C. is a world-class city that has something to offer everyone in the form of a multitude of commercial and residential neighborhoods with green parks and beautiful streets. It is not only the symbol of US democracy but over the last few years Washington DC has emerged as a resilient and strong economy in the United States. The new developments that have taken place in each of DC’s core economics extend to areas such as retail, office, education, hospitality, tourism, residential development, and media communications to name a few. These industries have opened doors to fresh investments and investors who have been able to discover the unparalleled scope for growth that the business environment in the region offers.

The investors keen on investing in the real estate market have rediscovered the appeal of Washington DC and have also begun to take an avid interest in the surrounding neighborhoods of Washington DC. This is primarily the reason behind thousands of new apartments, housing units, and condominiums that are under construction at the moment. Washington DC is made up of several vibrant and diverse small neighborhoods each with their own names and retaining their very own identities. These quaint little neighborhoods of the District offer all the opportunities for a well-rounded lifestyle. The presence of several nationally as well as internationally recognized dining establishments, world renowned museums, schools, colleges, universities, professional sporting teams, and a rich shopping district are some of the reasons that have contributed to an influx of home buyers into this region.

However the prices of homes for sale in Washington DC vary from one area to another with an average price of $351,500. Some of the popular neighborhoods in Washington DC are Bloomingdale, Adams Morgan, Foggy Bottom, Columbia Heights, Georgetown, Dupont Circle, Hillcrest Park, Glover Park and Woodley Park.

Houses in Washington DC- A Unique Investment in the Real Estate Market

01-28-10
Denny Horner
Washington DC, the capital of United States, has a metropolitan area that ranks ninth among the largest metropolitan areas of the country. The Washington DC real estate market is a thriving economic sector of USA. The most popular houses in Washington DC are located around the central mall, which also includes the White House, memorials of the greatest presidents and the wonderful museums of the Smithsonian Institution. There are 151 private and public educational sites comprising of top high schools, universities, colleges and other educational institutes that are located in the area.

Washington DC new homes for sale are categorized according to their location in four sections of the city namely northeast, northwest, southeast and southwest. Northeast Washington is the favored region. Some of the popular neighborhoods are Stanton Park, Michigan Park, Georgetown, Brightwood Park, Dupont Circle, Columbia Heights, Bloomingdale, Cleveland Park, etc. The average cost per square foot for houses in Washington DC has declined by 1.5% as compared to the prior year. The median price for September 2009 to November 2009 was $369,000, this rate is an increased of about 1.1%, which amounts to almost $4000.

The average listing price for Washington DC new homes was $627,017 in December 2009. The average listing price has seen a drop towards the end of December but positive fluctuations have already started.

There are presently 3,888 resale and 640 homes in the pre-foreclosure or auction categories available. Recently 2,645 houses have been sold in the city. Steady progress in retail, residential, education, tourism, hospitality, media, and communication has made Washington DC an unparalleled place to settle.

A lovely day in DC

05-13-08
Denny Horner

I was wondering around this afternoon to take some new pictures for my website and am just amazed at all DC has to offer...most excitingly, I never experienced Meridian Hill Park in springtime, ...what a beautiful, tranquil and unique part of the city...