:: Rachel Valentino :: The Atlantic Coast Connection. Long & Foster Realty, Inc. Washington DC

DISTRICT NEWS

NEWS AFFECTING DC REAL ESTATE | Educating The District’s Buyers and Sellers

FEBRUARY 2007

1. Washington Post. Georgia Avenue Has Already Awakened.

Business, Residents and the D.C. Government Have Joined Forces to Fight the Blight.

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JANUARY 2007

1. Washington Post. Back to Level.

As Boom Wears Off, Report Says, Region Is in for Slower, Steady Ride.

2. Washington Post. Georgia Ave. Awakening.

Outdoor plazas. Affordable housing. A revamped Metro station. An infamous nightclub turned into luxury lofts.

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’06-‘07 WINTER INFO:

MSN Real Estate. December Home-Maintenance Checklist.

This month usually brings the first big snowfall, and with it, a number of tasks for keeping your home cozy and secure. It's also a great time to create your home-improvement plan for the year ahead.

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DECEMBER 2006

1. Real EstateJournal.com. Realtors See Improvement Ahead For Housing Market, Home Prices.

Prospects for existing home sales may improve in the coming year.

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NOVEMBER 2006

1. Washington Post. Downswing, Looking Up

Once Locked Out by High Prices, Aspiring Buyers Now Find Reason for Hope

2. Washington Post. House of Blues Seeks a D.C. Home

Some Local Venues Fear Chain’s Impact

3. NPR. Existing Home Sales: What's Behind the Numbers?

4. The Georgetowner. Seller Subsidies Explained.

Now that the market has shifted, buyers have room to negotiate with sellers, and the seller subsidy is starting to make its way back into residential real estate contracts.

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OCTOBER 2006

1. RISMedia. Nation’s Capitol Sees Positive Price Changes

Except for Alexandria and Arlington, sale prices were up last month

2. Washington Post. All Crashes Should Be So Good

With all the dismal reports about the home real estate market, don’t lose track of something critically import: Mortgage interest rates have been falling quietly but steadily for weeks and are now at their lowest level in half a year, barely a percentage point above 40-year lows.

3. Washington Business Journal. Anacostia's less-traveled bank gets taste of renewal

4. Washington Post. Around DC a Cheaper House May Cost You

Longer Commutes Outweigh Savings of Living in Outer Suburbs, Study Shows

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SEPTEMBER 2006

1. Washington Post. A New Blueprint for D.C. Waterfront

Local Developers Chosen for $800 Million Mixed-Use Project in Southwest

2. Washington Post. Buyers, It’s Your Move

Contracting Marketing Pulls Power Away from Sellers

3. New York Times. It Seemed Like A Good Bet at the Time

It’s Important to Analyze Your Intentions before Choosing the Right Mortgage

4. Washington Business Journal. Brookland: the Next Big Thing in D.C. Turnarounds

Brookland, the sleepy residential neighborhood near Catholic University, is about to jolt its commercial core back to life in a bid to capture the disposable income of its residents and students.

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AUGUST 2006

1. Washington Post. A Tale of Two Cities

Pentagon City and Crystal City Morph Into Condo Hot Spots

2. RealEstateJournal.com. As Demand Slows, Home Builders Sweeten Incentives

As the housing market's red-hot sales pace shifts to a slow burn, some home builders and developers are beginning to offer buyers a richer array of incentives.

3. Washington Post. The Big Question

Municipalities Consider Ways to Restrain Ever-Expanding Houses

4. MSN Money. How to Find Good Investment Properties

If you're cut out for it, life as a landlord can be quite profitable. But success isn't assured. Here's what you need to know before diving in.

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JULY 2006

1. Investor's Business Daily. Don't Assume Anything, And Nine Other Home-Buying Tips

Hire Pros, but Learn Ins and Outs. Prune Price, Payments and Problems By Choosing
The Best Ways and Times To Buy.

2. The Washingtonian. A New National Mall for the 21st Century

A Bold Plan Expands It Into The Potomac River With The Supreme Court As Its Centerpiece.

3. Columbia Heights News. Major Retail Coming to Columbia Heights

Columbia Heights is poised to become the shopping destination for the entire Washington, DC area. Hundreds of thousands of square feet of retail space are in the works including DC USA, a 500,000 sq. ft. retail complex that will include major retailers such as Target, Best Buy, Bed Bath and Beyond, and possibly Whole Foods Market!

4. Washington Business Journal. Columbia Heights Redevelopment Projects Find Support

5. Washington Post. Who'd Want to Live There?

The proposed project, east of downtown and bordered by New York and Montana Avenues and Bladensburg Road NE, will include an estimated 3,000 condominiums, some with sweeping views of the Washington Monument, and about 140,000 square feet of retail space. Jim Abdo envisions making it a gateway to the city, adorned with stores like Whole Foods and Crate & Barrel, topped off by condos and a health club, with bike paths to the nearby U.S. National Arboretum.

6. Washington Post. Competing Developers Share Waterfront Ideas

One developer proposed a theater dedicated to Cirque du Soleil performances. Another suggested a produce market similar to the nearby fish market on Maine Avenue SW. A third boasted that his team includes Magic Johnson's urban investment fund. In the end, the Anacostia Waterfront Corp. will chose one of the proposals from five development teams.

7. Washington Post. Getting it to Move

In a Slowing Market, Price is Only the First Step

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JUNE 2006

1. Washington Post. Anacostia Group Looks Beyond the Ballpark

2. Washington Post. Breathing New Rhythm Into Tired Streets

Yoga Studios Signal D.C. Gentrification

3. TheWashCycle. Georgetown Waterfront Rebuild

4. Washington Post. A Crash Course in Dealmaking

One Group of D.C. Tenants Chooses to Look Beyond a Quick Sale

5. Washington Post. H Street NE, The Next Hot Spot

D.C. Embarks on Redevelopment of Long-Neglected Corridor

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RACHEL VALENTINO

Licensed in DC, MD & VA

GRI & Top Producer

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