The novel Coronavirus pandemic rocked every industry in the world since its emergence, reshaping it in more ways than one. While countries' health sectors and economies were adversely affected, the real estate market has emerged as one of the biggest beneficiaries of the reshuffle. The market is at its craziest in years as buyers try to outbid the competition, causing the value of properties to skyrocket....
Washington, DC has long been the central point for those seeking power and influence in the U.S., and to go along with their grand ambitions, large and extravagant homes have been built. Over the years, the houses have changed hands, and now they belong to politicians and actors who've come to the nation's capital to develop their dream. With home prices around the country's skyrocketing, knowing who...
A section of George Washington's original Mount Vernon home sold for $50 million, making it the most expensive residential transaction in DC history region ever! Mount Vernon, George Washington's house and last resting place, is located in Fairfax County, Virginia, about 15 miles south of Washington, DC The Washingtons owned the estate until 1859, and four people have owned the estate since...
We are at that time again, where the luxury real estate market in Washington, DC, is booming and isn’t showing signs of slowing down any time soon. So if you are in the market for hot luxury apartments, I guess this is the time to start putting your dollars to work. Washington DC is opening its doors to interested investors with the latest commercial property listings for both old and new areas. The...
Just over a year ago, owners of golf course homes were worried about the appeal of their property to home buyers. Sales of golf community homes were downward as interest in the sport waned over the years. Then the pandemic came, and everything changed. Residential golf property returned to buyers' radar after years of poor sales, causing the price of golf course homes to skyrocket in 2021. What's...
In recent times, we have witnessed these big wigs build their hobby around their lives, and that includes where they live, as in bird watchers building a comfortable treehouse in the forest and bushes, fishers building some Stilt houses nearby their favorite river. The same applies to golf fans; these people (mostly "money bags") find it convenient to either build or rent their houses close to the golf...
Washington, DC is a big shot when it comes to housing. Its luxury condominiums and rooftops spark exciting reactions. No doubt, it has some fancy countertops, modernized walls, fascinating reserves, and recreational parks. Many would think all these are the primary cause for the inflation of house pricing. Does that make luxury apartments the next normal in this region? If yes, what are the reasons?...
In early 2020, if you had asked anyone to predict the near future of the real estate market, very few experts could have predicted a resurgence of this magnitude. Sales in the sector have not only reached pre-covid levels but also exceeded them. More surprising is that the luxury real estate market has led to a resurgence, with the demand for luxury homes in suburban, urban, and country areas going up...
From the news broadcasts to internet research materials, social media and newspapers all showcase headlines of the adverse effects of the pandemic. The economy has been hit quite hard with other sectors, such as leisure and hospitality, food and agriculture, and real estate, experiencing the most effects. However, there were different circumstances in sectors such as health and construction as they...
There are diverse real estate agents spread across the United States. A number of these professionals conduct their businesses in Washington, DC. Each has a vast knowledge of the most suitable neighborhood for you and your family, depending on your preference and budget. Whether you plan to sell, buy, or rent properties in the state, you have to know where to look and how to start. You can take...