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Monday, mar 17
Real Estate
Trump's Tariffs Could Increase New Home Prices Up To $10K, Builders Warn: Here's Why
New home prices could jump by as much as $10,000 because of President Donald Trump's tariffs, industry leaders warn. The National Association of Home Builders (NAHB) estimates that Trump's tariffs could increase prices by $7,500 to $10,000 per new single-family home. The trade group said the estimate is based on reports from members planning for tariff-related price hikes. Trump imposed a 25 percent tariff on Canadian and Mexican goods on Monday, Mar. 4, as well as 20 percent duties on Chinese imports. Two days later, he announced the tariffs would be paused for products covered by the…
Real Estate
Trump Administration Selling Off 79 'Non-Core' Federal Spaces In Maryland
The Trump administration is putting some of the largest and most well-known federal buildings up for sale. The move is all in an effort to eliminate waste, slash maintenance costs, and reinvest in more efficient spaces, according to the U.S. General Services Administration (GSA). Officials have identified hundreds of "non-core properties" totaling millions of square feet that no longer serve essential government functions and are now up for grabs. “Selling ensures that taxpayer dollars are no longer spent on vacant or underutilized federal spaces,” federal officials said. “Disposing of the…
Real Estate
Kevin Spacey's Former $6M Waterfront Mansion On The Market: 'Icon Of Baltimore'
A sprawling, luxury Baltimore waterfront mansion once owned by controversial Oscar-winning actor Kevin Spacey is back on the market—this time with a $6 million price tag. Dubbed "The Icon of Baltimore," according to its listing, the palatial 9,069-square-foot residence at 622 Ponte Villas N in the city’s exclusive Harborview community is up or sale at $5,999,000. 622 Ponte Villas N #162/163, Baltimore Derek & Vee Photography The six-bedroom, nine-bathroom home is anchored at the end of a pier, offering privacy, prestige, and panoramic views of Baltimore’s Inner Harbor, with the …
Real Estate
Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher
Home sales fell in January as prices continued soaring, showing the financial strains potential buyers are facing. Existing-home sales declined 4.9 percent from December 2024 to a seasonally adjusted annual rate of 4.08 million in January, the National Association of Realtors (NAR) said in a news release on Friday, Feb. 21. The median home price climbed 4.8 percent year-over-year to $396,900, the highest amount ever in a month of January. In the Northeast, sales fell 5.7 percent from December to an annual rate of 500,000 homes, though they increased 4.2 percent from January 2024. The m…
Real Estate
NBA Star's Former Maryland Mansion Listed At $11M (
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A Maryland mega-mansion once owned by former Washington Wizards star Bradley Beal has hit the market for a cool $11 million—and it’s got everything a baller could want, including a full-size indoor basketball court he built himself. Located in the exclusive Avenel community, the 14,900-square-foot estate at 8913 Holly Leaf Lane in Bethesda sits on two acres and is packed with luxury amenities, from a resort-style pool and spa to a private tennis court and fire pit area. The home is listed with Washington Fine Properties. Beal, now with the Phoenix Suns, transformed the home during his DC da…
Real Estate
Look Inside Brand-New Luxury Condos Coming To North Bethesda
Homebuyers in North Bethesda have a new upscale option as Tri Pointe Homes officially launches Northpark Lofts, a luxury condo community just steps from the bustling Pike & Rose district. The new development, located inside the Northpark community, is now open for sales, with prices starting in the low $800,000s. The Bellamy home design features between 2,535- and 2,550-square-feet of modern living space, including three bedrooms, two-and-a-half baths, a spacious covered terrace, a private one-bay garage, a large great room, a pocket office, and dual walk-in closets in the primary suite…
Real Estate
US Home Sales Plunge To Lowest Level Since 1995: Here's Why
Home sales in 2024 tumbled to their lowest level in nearly two decades but the Northeast offered a small glimmer of hope in an otherwise challenging year for the housing market. Existing-home sales dropped to 4.06 million in 2024, the National Association of Realtors (NAR) said in a news release on Friday, Jan. 24. That figure marked the worst year for the US housing market since 1995. The sales drop happened as the median price of a home reached a record high of $407,500, up six percent from 2023. "The median home price was elevated partly due to the upper-end market's relative …
Real Estate
Kalorama’s Crown Jewel? Lavish $5.8M Estate Could Be Ultimate Power Address For DC Players
A stately home in DC's prestigious Kalorama neighborhood may be the perfect spot or a new Cabinet member after it hit the market for $5.8 million. Dilan Homes has completed a top-to-bottom reimagination and restoration of a popular Federal-Inspired Brick Home that sits in the heart of community, surrounded by homes that have housed some of the rich, famous, and powerful. The listing was posted by Robert Hryniewicki, Adam Rackliffe, Christopher Leary, and Micah Smith of HRL Partners at Washington Fine Properties. "It is 100 percent gut renovated with an entirely brand new floor plan, …
Real Estate
Red, Blue, And You: New Tool Lets Homebuyers Check Neighbors' Politics
Homebuyers are increasingly considering political leanings when choosing neighborhoods, according to a brand-new report. Real estate agents note that clients prioritize communities aligning with their political views, seeking compatibility beyond traditional factors like schools and safety, the Axios story says. This trend may lead to more politically homogeneous neighborhoods, potentially impacting local governance and community interactions. Additionally, new real estate platforms, such as Oyssey, provide insights into neighborhood political affiliations, further enabling buyers to…
Real Estate
40-Foot Pool Among Selling Points For Potomac Home That Sold Over Asking Price For $1.86M
Hard work paid off for a team of realtors who overhauled a Maryland home, selling for more than $60,000 over the asking price. A buyer just had to have a Potomac home at along 9117 Potomac Station Lane, sitting on an unusually large parcel of land for the neighborhood that sold for $1.86 million, above the $1.799 million listing price, The five-bedroom, 5.5-bathroom custom-built 6,350-square-foot home had been listed with Robert Hryniewicki, Adam Rackliffe, Christopher Leary, and Micah Smith of HRL Partners of Washington Fine Properties. According to the realtors, the…
Real Estate
'Creating A Castle:' Rare Georgetown Condo Sells For 23 Percent Over Asking Price
A homeowner who fell in love with a unique condo in Georgetown just had to have it — for $260,200 over asking price. The condo at 1527 30th St. NW in Washington, DC was initially listed for $1.098 million, listing agents Robert Hryniewicki, Adam Rackliffe, Christopher Leary, and Micah Smith of HRL Partners at Washington Fine Properties said. But the smitten buyer went above and beyond for the two-bedroom, two-bathroom property, which closed at $1.36 million, or 23 percent over asking, the listing agents said. "In this super tight inventory marketplace in DC, it's not uncommon to …
Real Estate
$16M Washington DC Home Designed By Same Architect As U.S. Capitol Hits Market (
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A Washington D.C. home designed by the same architect of the U.S. Capitol is on the market for $16 million. The home on 3508 Prospect St., otherwise known as the Prospect House in Georgetown, was built between 1787 and 1793 and sits high above the Potomac River, according to the listing by Washington Fine Properties. Washington Fine Properties Designed by William Thornton, the house is 9,086 square feet and features eight bedrooms, seven full bathrooms, and one half bathroom. It sits on a .43-acre lot. Amenities include a view of the vier, high ceilings, a pool with cabana, thre…
Real Estate
Divine
Deal
: Cemetery Included In Sale Of Shuttered Maryland Church
Call it divine deal or a Christmas coincidence, a Maryland church is up for sale. By the way, it's got a wet bar. The former Hyattstown United Methodist Church, which held its last service in August, is on the market for $799,000 on Loopnet. The 4,000-square-foot specialty building near the Frederick County line on Route 355 in Clarksburg is divided by three land parcels which include a small church with a "simple" sanctuary and hall; a former parsonage with modular classrooms; and a cemetery, the listing says. Conveyed with the space are an organ and piano, a "wet bar" kitchen,…
Real Estate
NBA Star's Mega Mansion In Maryland Sells For $1 Million Under Asking Price (
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A Maryland mansion formerly home to a 30-year-old NBA star has sold for about $1 million under asking price. Bradley Beal's home at 8913 Holly Leaf Lane hit the market last fall, after the three-time All-Star was traded from the Wizards to the Phoenix Suns. The 13,482-square-foot Bethesda estate was listed for approximately $10 million but sold for $9.1, Zillow shows. It features nine bathrooms, six bedrooms, a four car garage, as well as two basketball courts for good measure sitting on nearly 14,000 square feet. The home was built by Winmar Construction and includes a "true indoor-…
Real Estate
Rite Aid Is Selling These Maryland Leases After Filing For Bankruptcy
The leases of all six Rite Aid stores in Maryland that are closing amid the recent bankruptcy filing are being sold. A&G Real Estate Partners is acting as the real estate advisor for the pharmacy chain, which filed for bankruptcy on Oct. 15, and has plans to close 154 underperforming stores nationwide. The deadline for the following leases for in Maryland is Monday, Nov. 20: 5808 Ritchie Highway, Baltimore 5 Bel Air South Parkway, Bel Air 728 East Pulaski Highway, Elton 7501 Ritchie Highway, Glen Burnie The deadline for the following leases for in Pennsylvania is Wednesday, Dec. 20: …
Real Estate
Bradley Beal's Maryland Home Hits The Market For $10M After Trade From Washington Wizards
Former Washington Wizards star Bradley Beal is reportedly selling his Maryland home for a cool $10 million. The Bethesda home on Holly Leaf Lane has hit the market after the three-time All-Star was traded from the Wizards to the Phoenix Suns in a three-team deal over the summer. According to the realtors looking to sell the mansion, it includes nine bathrooms, six bedrooms, a four car garage, as well as two basketball courts for good measure sitting on nearly 14,000 square feet. The home was built by Winmar Construction and includes a "true indoor-outdoor lifestyle home," they said, clai…
Real Estate
Wrapped In Bronze: $10M DC Home Built By Renowned Architect Has Saltwater Pool, Panoramic View
A Washington DC home built by one of the most renowned architects in the DMV is on the market for nearly $9.995 million. The 12,000-square-foot home at 3131 Chain Bridge Road NW was built in 2020 and is the masterpiece of David Jameson. Jameson might be best known for creating "habitable art," according to listing agency Washington Fine Properties - HRL Partners, as some of his other projects include the Manifold House in Arlington, and the West Shokan Home in New York. "Timeless and elegant," the home's exterior is wrapped in custom Bronze panels, handmade Englis…
Real Estate
$30M DC Mansion On Track To Become City's Most Expensive Property Ever Sold
A Washington DC mansion that's hosted some of the country's most important leaders is on the market for $29.95 million. If the 23,000-square-foot Blaine Mansion on Massachusetts Avenue sells for its asking price, it would go down as the most expensive real estate transaction transaction in the city, according to listing agent Daniel Heider, of TTR Sotheby's International Realty. The home was listed last May, although an attached condo was listed for $2.2M last March, according to the Washington Post. The home was purchased by former diplomat John R. Phillips, and his wife Linda Dougla…
Real Estate
Crown Jewel Of $6.95M Arlington Penthouse Might Be DC Views (
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An Arlington penthouse is on the market for $6.95 million — and the selling point might just be the panoramic views of Washington DC. The luxury condo is actually two units combined and sits on the 29th floor of the Waterview Condominium, located in Arlington's Rosslyn neighborhood at 1111 18th St. N. It boasts three bedrooms, three full baths, two half baths, and spans 4,600 square feet. Purchased by the current owners in 2008 as a “white box," the owners hired Peterson and Collins to build it out, and had it designed by Rina Yan. View this post on Instagram …
Real Estate
There Are Only Two Stop Signs Between This $6.95M Virginia Mansion And Washington DC
There are just two stop signs between this $6.95 million Virginia mansion and Washington DC. One is at the corner of Ebenezer Church and Airmont, and the other at Airmont and Business Route 7. From there, it's all freeway. Located at 19786 Ebenezer Church Road in Bluemont (Loudoun County), the sprawling property is known as the "On the Wing Farm," and is ideal for anyone seeking a country home escape with quick access to the city. It's got 6 bedrooms and 5 bathrooms. It spans 11,136 square feet and sits on a whopping 104.5 acres. 19786 Ebenezer Church RoadWashington Fine Properties …
Real Estate
DC Home Of Alice Rivlin Hits Market At $6.6M
If you are looking for a home grounded in the nation's budget and economic history, 2838 Chesterfield Place NW in Washington DC could be your best bet. The $6.6 million home is nestled in the highly coveted and secluded Forest Hills neighborhood, and was once owned by the late Alice M. Rivlin, a former economist and 16th vice chair of the Federal Reserve. Before her appointment to the Federal Reserve, Rivlin was director of the Office of Management and Budget. Originally built in the 1950s, the home is suited for both grand entertaining and private relaxation. It overlooks Rock C…
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