Washington DC

The US capital is about more than just politics

Share on facebook
Share on twitter
Share on whatsapp
Share on email

Discover Washington DC's Real Estate

Washington, D.C. is, of course, the capital of the United States, but if you think this is just another staid government town, think again. Washington is reinventing itself as one of the country’s coolest and most desirable cities. Formerly rundown neighborhoods are finding new life as hip new districts and the city teems with some of the world’s greatest museums, art galleries, and architecture. It’s no surprise that real estate is in high demand and prices are going up.

Culture, History, and Business

Washington, D.C. is a planned city whose origin begins on July 9, 1790, when the U.S. Congress passed the Residence Act. The law called for the building of a new national capital to be located on the Potomac River, the exact spot of which was chosen by President George Washington himself. The new capital was built quickly and Congress moved in ten years later on November 17, 1800. While the city was burned to the ground in the War of 1812 by British Troops, it rebounded and grew over the next two centuries. It has hosted many events that have changed the course of American history, from the inaugurations of most U.S. presidents to Martin Luther King, Jr.’s iconic “I Have a Dream” speech during the March on Washington.

Economically, Washington revolves around the government. A quarter of employees in the city work for the federal government and many more work for businesses, organizations, and groups that have close ties to the government. However, the economy is diversifying, and healthcare, scientific research, education, and finance all play important roles.

Read more..

Real Estate Appeal

A couple decades ago Washington was known for having some of the most dangerous neighborhoods in the country. That’s all changing now, however, and many of the city’s inner city neighborhoods are undergoing an intense process of gentrification. Housing prices are rising as young people and even families flock to the city to enjoy its amenities, cultural institutions, and excellent transit.

Real estate in Washington, D.C. is unique because of extremely limited inventory. The District of Columbia is already highly urbanized and there’s very limited land available for new development. Due to height restrictions designed to preserve the historic character of the city, even when new housing is built it only results in a limited amount of new properties being for sale. As a result, there is rarely enough housing stock to meet demand. While that means prices can be quite high in some areas, it also means that Washington offers a fairly safe market for real estate investors.

Read more..

Explore Washington DC's Real Estate 

Why You Should Invest in Washington DC in 2020
Why You Should Invest in Washington DC in 2020

Why You Should Invest in Washington DC in 2020

Washington, D.C., as the capital of the United States, carries huge importance both nationally and abroad. Thanks to its political influence, it also offers an exceptionally healthy housing market for investors. In many...
Best Places to Buy Real Estate in Washington DC
Best Places to Buy Real Estate in Washington DC

Best Places to Buy Real Estate in Washington DC

Washington, D.C. is a city on the rise and that’s clearly seen in its neighborhoods. Once known for high crime, many of Washington’s inner city neighborhoods have experienced dramatic turnarounds in recent years....

Washington DC's Real Estate Tips

📍Over 18,611 investors explored Washington DC

Why You Should Invest in Washington DC in 2020

Why You Should Invest in Washington DC in 2020

Best Places to Buy Real Estate in Washington DC

Best Places to Buy Real Estate in Washington DC

Local Real Estate Experts

Roofstock
Roofstock
Better Homes and Gardens Real Estate
Better Homes and Gardens Real Estate
Foreclosure
Foreclosure
RE/MAX USA
RE/MAX USA
Redfin
Redfin
HotPads
HotPads
Trulia
Trulia
Zillow
Zillow
Coldwell Banker
Coldwell Banker
Compass
Compass

Attractive Investments In Washington DC

📍Over 18,611 investors explored Washington DC

Coming Soon