May Newsletter: Investment Properties, Local Events & More...

There are more renters now in the US than at any time since 1965. Nearly 37% of Americans rent, which could make this the perfect time to own an investment rental property, especially the kind that caters to 'essential need.' Combine longterm appreciation with small immediate returns (likely better than savings account returns), and a hedge against inflation and depreciation, being a landlord right now seems simply smart.

 

We're happy to provide data and guidance on specific neighborhoods or buildings in the DC area that would be best suited for an investment property.

 

We continually appreciate your support and referrals.

 

All the best,

Martin, Jeff, Olivia & Dito

DC's Office of Planning is now accepting applications for the Historic Homeowner Grant Program. The grants provide homeowners in historic districts up to $25,000 for repairs. Application deadline is July 1, 2019.

Read more about the program here.

 

Average days on market increased year-to-date across the DMV — from 37 to 46 in DC, and 50 to 61 in Montgomery County, while remaining at 40 days in Northern Virginia.

 

At the same time, median prices increased by 2.4% in DC and 2.1% in Northern Virginia, while declining by 1.4% in Montgomery County compared to the prior year.

 

(Data courtesy of BrokerMetrics)

 

 

Mt. Pleasant House & Garden Tour

 

We're excited for another year of supporting this wonderful tour, viewing historic homes throughout Mt. Pleasant. It's a great way to get ideas for your own home renovations. 

Proceeds support Bancroft Elementary School PTO.

Hope to see you there!

Tickets available here.

Kick back with sangria in hand at Jazz in the Garden on Fridays throughout the summer. Held in the National Gallery of Art's Sculpture Garden starting May 17, this is a can't miss DC experience that features an eclectic mix of local musicians who lend a soundtrack to one of the city’s most idyllic scenes.

Photographs that depict moments of communication make up this new display from the National Portrait Gallery. Pivotal moments in history are showcased throughout, from JFK’s speech at the 1960 Democratic National Convention, to Martin Luther King, Jr.’s “I Have A Dream” speech. Learn more here to plan your visit today!