Roundup: DC’s Housing Market Wins Gold, DC’s Worst Streets

by UrbanTurf Staff

  • Housing prices in the DC area rose 6.5 percent between April 2009 and 2010, the largest year-over-year increase in the entire country, according to Washington Examiner.
  • Greater Greater Washington published a list of its 20 least favorite streets in the District based on pedestrian unfriendliness, ugliness, safety, and other factors. Red meat for smart growth proponents, the scathing list is published in two pieces: Part 1 and Part 2.
  • George Mason economist and expert on local economic trends Stephen Fuller predicts that the DC area real estate market will return to the peak values of 2005 in 2015.
  • Further evidence that suburban home builders are starting to get active again in the DC area, Ryland Homes has acquired 45 acres near Beltsville to construct 51 single-family homes and 354 town houses. Recall that Pulte held openings at two communities in Loudoun County a couple weeks ago. We also hear that NV Homes is hiring.
  • And Now, Anacostia tweets that Verizon FiOS is officially taking orders in Anacostia, making that the first neighborhood in DC where the ultrafast internet service is available.
  • UrbanTurf’s recent crystal-ball piece The Neighborhoods of 2015 almost included U Street. The logic was that as much development as the neighborhood has seen over the last ten years, there is still so much more to come that it will be an even more dense and different place five years from now. Need evidence? Check out all the retail and restaurants expected to open in just the next six months or so. U Street Girl has a great run-down here.
  • HousingWatch reports that property in locations along the Gulf Coast affected by the oil spill have already lost 30 percent of their value, dramatically worsening the woes of an already-fragile real estate market. Owners are hoping for some compensation from BP to help offset the staggering losses.
  • Most experts expected that the tax credit expiration would cause the national housing market to lose some of its springtime momentum — and that is exactly what happened. But many of the housing metrics published over the last couple weeks have been suprisingly weak, suggesting that the “post-tax credit hangover” may be worse than expected. The Wall Street Journal has more.
  • Among those weak housing metrics is the tepid demand for new mortgages and refinancing, even as rates break records. Just this morning, Freddie Mac announced that last week’s average for a 30-year fixed was 4.69 percent. That’s the lowest rate ever recorded since Freddie Mac began tracking rates in 1971.

Finally, here are UrbanTurf’s five most popular posts of the last week in case you missed them:

  1. First Look: The Apple Store in Georgetown
  2. Condo Conversions Return as DC Supply Tightens
  3. Deal of the Week: The Lowest-Priced Two-Bedroom in Dupont
  4. 16th Street Heights: DC’s Sleeper Neighborhood
  5. Vamoose Introduces Gold Bus for Trips to NYC

See other articles related to: weekly roundup

This article originally published at https://dc.urbanturf.com/articles/blog/roundup_dcs_housing_market_wins_gold_dcs_worst_streets/2200

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Northern Virginia

Profiles of 14 neighborhoods across Northern Virginia

Looking to Give People A Reason to Stay Past 6pm
Happily Straddling the Line Between City and Suburb
Columbia Pike
Arlington’s Neglected Stepchild is Getting a Makeover
Crystal City
Turning Lemons into Lemonade
Lyon Village
Developing An Air of Exclusivity?
Hitting Its Growth Spurt
An Urban Village Hitting Its Stride
Del Ray
Virginia’s Small Town Near the Big City
Eisenhower Avenue
The Vibrancy Might Take a Few Years
The Quiet Neighborhood By the Beltway
Old Town
Mayberry By The Potomac
132 Commerical-Free Acres
Downtown Falls Church
Staying the Same in the Midst of Change
Tysons Corner
Radical Change Could Be On The Way

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Profiles of 14 neighborhoods in suburban Maryland

Small-Town Living in the State Capital
Bedroom Community Gets Buzzing Cache
Cabin John
In With The New While Maintaining the Old
Chevy Chase
Affluence, Green Lawns and Pricey Homes
Downtown Silver Spring
Experiencing a Resurgence After a Bumpy History
A Suburb on Steroids
Rockville Town Square
Despite the Dynamism, Still Somewhat Generic
Takoma Park
More Than a Little Bit Quirky
A Foodie Magnet on the Verge of Change
Capitol Heights
Kudzu, Front Porches and Crime
Glass Half Full or Half Empty?
Mount Rainier
Artists, Affordable Homes and A Silo Full of Corn
National Harbor
A Development Rises Next to the Potomac
Riverdale Park
A Town Looking For Its Identity

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Northwest DC

30+ neighborhood profiles for the city's biggest quadrant

16th Street Heights
DC's Sleeper Neighborhood
Where (Almost) Everyone Knows Your Name
AU Park
One of DC’s Last Frontiers Before the Suburbs
DC’s Northern Neighborhood on the Cusp
DC’s 535 House Neighborhood
Cathedral Heights
Do You Know Where That Is?
Chevy Chase DC
Not to Be Confused With the Other Chevy Chase
Cleveland Park
Coming Back After A Rough Year
Columbia Heights
DC’s Most Diverse Neighborhood, But For How Long?
An Island of Serenity East of the Park
Dupont Circle
The Best of DC (For a Price)
Foggy Bottom & West End
Where the Institutional Meets the International
Forest Hills
Ambassadors and Adventurous Architecture
Foxhall Village
350 Homes Just West of Georgetown
Friendship Heights
A Shopping Mecca With a Few Places to Live
History, Hoyas and H&M
Glover Park
One of DC’s Preppier and More Family-Friendly Neighborhoods
A Posh View From Embassy Row
LeDroit Park
A Quiet Enclave in the Middle of the City
Logan Circle
Trendy Now, But Not By Accident
Mount Pleasant
Sought-After Homes Surround Main Street in Transition
Mount Vernon Triangle
From Seedy to Sought-After
The Long, Skinny Neighborhood at the City’s Northwest Edge
Park View
It’s Not Petworth
Penn Quarter/Chinatown
DC’s Go-Go-Go Neighborhood
Getting a Vibrancy of Its Own
The Duke’s Former Stomping Ground
Shepherd Park
DC’s Garden of Diversity
Spring Valley
A Suburb With a DC Zip Code
Not To Be Confused With Takoma Park
Not Quite Like Its Neighbors
U Street Corridor
The Difference a Decade Makes
Woodley Park
Deceptively Residential
Adams Morgan
No Longer DC’s Hippest Neighborhood, But Still Loved by Residents

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Southwest DC

The little quadrant that could

Southwest Waterfront
A Neighborhood Where A Change Is Gonna Come

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Northeast DC

Profiles of 10 neighborhoods in NE

New Development Could Shake Up Pastoral Peace
A Little Bit of Country Just Inside the District’s Borders
Not to Be Confused With Bloomingdale
Fort Totten
Five Years Could Make a Big Difference
H Street
A Place To Party, and To Settle Down
The Northeast Neighborhood That Few Know About
Michigan Park
A Newsletter-On-Your-Doorstep Community
Evolving from a Brand to a Neighborhood
Ripe for Investment Right About Now
The Difference 5 Years Makes
Big Houses, A Dusty Commercial Strip and Potential

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Southeast DC

6 neighborhoods from Capitol Hill to East of the River

Capitol Riverfront
Still Growing
Hill East
Capitol Hill’s Lesser Known Neighbor
Congress Heights
Gradually Rising
Notable for Its Neighborliness
Historic Anacostia
Future Promise Breeds Cautious Optimism
Eastern Market
A More European Way of Living

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