Anyone looking for a place to live in the District already knows: housing inventory is extremely low. Competition for properties is active. And average Days on Market is in some neighborhoods less than a week! Check out DC Urban Turf’s compilation of the fastest-selling neighborhoods in DC. And if you’re renting, you’ll notice Petworth, known for its spacious lots and reasonable rates, has rising rents, reported by Curbed DC.
But DC developers are always creative! The Grimke School near U Street is getting 50 residential units. And if you thought you didn’t stand a prayer of finding a place, Capitol Hill is home to a church-turned-condo. In Petworth, there is a newly-designated “Hop-Back” — units in the rear of a property. In areas of more traditional properties, check out the new designs for future housing at Walter Reed. And DC Urban Turf has reported that NoMa is announcing 4500 new residential units coming soon. Busy! For interesting reading, check out Greater Greater Washington’s report on the Hopscotch Bridge, H Street over the tracks at Union Station. That area is undergoing dramatic transformation.
If you are already in DC and can’t take all the extra development, you will love CurbedDC’s map for introverts. Very cool.
MovinInDC is not complete without a qualified (experienced!) restaurant review. The Faulkner Team (Diane, Lynn, Steve) celebrated the spring real estate season with a terrific dinner at the 14th Street Tuscan restaurant, Ghibellina. We highly recommend their Halibut, and for a non-traditional wine, we had an upscale Umbrian red that was outstanding. Nice place!