...The building that sets the standard for luxury condo living. Unit 4D offers stylishly updated space with high ceilings, hardwood floors throughout, automated recessed lighting, speaker system, wine cooler, custom closets, 2 bedrooms and 2 bathrooms, plus a den. The building has a 24-hour desk and doorman, a rooftop swimming pool and a deck with incredible views all set in an exceptional Georgetown location.
This is a gorgeously renovated, open, and sunny two bedroom and two bathroom is now available for sale at the Sutton Towers. The dramatic staircase leads down to a beautiful main living area with 13' ceilings, Porcelanosa kitchen with high-end appliances, built-in shelving and display niches. Thee bedrooms are both large and have huge walk-in closets. The baths have been updated to offer modern fixtures and heated floors. There are 2 balconies in this unit, and parking and storage are included. Take a look!
The regional housing market in 2018 is, in many ways, continuing the narrative that began in 2017.
Bright MLS’s latest monthly report out today shows that regionwide home prices hit a decade high for January, rising by 2.5 percent year-over-year to a median of $399,900. This uptick represented the 16th consecutive month of year-over-year price increases in the DC area.
Despite there being slightly fewer closed sales in January 2018 compared to last January, overall inventory fell by 14.8 percent, making for the lowest number of listings on the market since January 2013. Fairfax was the lone jurisdiction where active inventory rose from year to year.
The process of getting a property ready to put on the market can seem daunting enough. There’s clearing the clutter, endless amounts of cleaning, organizing and scrutinizing your property with a fine-tooth comb. What needs attention and what can you leave alone?
Welcome to the new world of “fixing to sell.” Gone are the days of throwing it on the market and seeing what happens. Prepping for sale is a highly choreographed dance of repair along with a bit of renovation and presentation.
Don’t ignore these seven areas.
1. Structural and mechanical
It might not be glamorous, but buyers are looking at big-ticket items like the age and condition of the roof, air conditioning and heating systems, water heater,
Trulia’s most recent Rent vs. Buy report calculates that it is now 28.4 percent cheaper to buy a home in the DC region than to rent — a slimmer margin than the 35.4 percent value of buying a home last fall.
The DC area is not unique in this position, as the economic benefit of buying, as rents have dropped, has diminished in all 100 of the country’s largest metropolitan areas. While home prices have steadily increased nationwide over the past four years, rents have gone down by 3.5 percent between spring 2016 and spring 2017. In the last year, median home prices in the DC area rose by 4.3 percent while median rents dropped by the same percentage. Currently, there are metropolitan areas (most of which are in