No matter if you're happily single, ready to mingle, or already in a couple, there's something for everyone to enjoy among these Valentine’s Day events. But don't wait too long to make your plans! Library of Congress Valentine’s Family Day Kids can create unique, Victorian-style valentines at the Library of Congress’s February Family Day. Held on the mezzanine level of the Jefferson Building,...
After more than eight years since its initial proposal, the redevelopment of the vacant Superfresh grocery store site in Northwest D.C. has officially secured the necessary financing to move forward. A joint venture between Mill Creek Residential and PGIM Real Estate has successfully obtained a $92.3 million construction loan from U.S. Bank National Association, according to documents filed last month...
Several exciting developments are underway around Howard University, with nearly 40 buildings and sites in various stages of repair, renovation, and redevelopment. These projects, in areas such as Shaw and Pleasant Plains, could open up significant development opportunities at key locations. Here are some of the notable neighborhood developments currently in the pipeline: 1. The Oliver The...
https://terringwanggroup.com/wp-content/uploads/2025/01/JAN-12-2025-Market-Watch.mp4 The Washington, D.C. real estate market for the week ending January 12, 2025, has exhibited notable fluctuations, reflecting both seasonal trends and market shifts. New listings totaled 915, marking a significant 7.5% decrease year-over-year from January 2024 but a robust 22% increase compared to the previous week. The...
The Washington, D.C., office market concluded 2024 with positive absorption—more space occupied than vacated—for the first time since the second quarter of 2023. This trend was driven by strong absorption across both the District and Northern Virginia, totaling approximately 50,000 square feet in the fourth quarter of 2024.In the District, significant tenant move-ins contributed to this...
Only a few significant developments remain underway along 14th Street, a key corridor that was central to DC's development boom a decade ago. While new projects are limited, nearly 1,000 residential units are still planned or under construction in the area.The Faircliff and NOVEL 14th StreetTwo notable residential projects—one affordable and one market-rate—are nearing completion in...
https://terringwanggroup.com/wp-content/uploads/2025/01/JAN-2025-Market-Watch.mp4The Washington DC real estate market for the week ending January 5, 2025, presents a mix of year-over-year declines and week-over-week improvements. New listings totaled 750, reflecting a 5.9% decrease compared to the same week in January 2024. However, there was a dramatic 99.5% increase in new listings from the previous...
The Washington, D.C. area offers a wide range of exciting ways to celebrate New Year's Eve, from stylish hotel parties to all-inclusive bar events and family-friendly daytime festivities. However, for those who want to truly immerse themselves in the festivities, live music and dance parties provide an unmatched experience. Whether you're into '80s and '90s cover bands or a big band orchestra, here are...
https://terringwanggroup.com/wp-content/uploads/2024/12/Dec-15-Market-Watch.mp4The Washington, DC real estate market showed mixed results during the week ending December 15, 2024. Below is an overview of the key performance metrics: New Listings: A total of 628 new listings were recorded, reflecting a 5.2% increase compared to the same week in December 2023. However, new listings saw a notable decline...
As of November 2024, closed sales in the Washington, D.C. metro area have shown notable improvement, with a 7.7% increase compared to November 2023. This growth has helped shift the year-to-date sales trend into positive territory, up by 0.5%. The outlook for the market remains optimistic, bolstered by strong performance in new pending sales, which saw a significant 13.8% year-over-year...
