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  • Real estate firm: 10 best-value neighborhoods in DC area for first-time buyers – WTOP

    Real estate firm: 10 best-value neighborhoods in DC area for first-time buyers – WTOP


    WTOP

    Real estate firm: 10 best-value neighborhoods in DC area for first-time buyers
    WTOP
    WASHINGTON — With home prices in the D.C. metro area hitting an all-time high in May, more buyers may be resigned to look in less-desirable areas but real estate firm Trulia has identified 10 of what it calls Washington’s Best Value Neighborhoods for …

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    No. 1 on its list of Best Value Neighborhoods in Washington is University Park, Maryland.

    The community gets high marks for schools, a low crime rate, a good commute and a median home selling price that’s well below the metro area average.

    In D.C., Kingman Park in Northeast D.C., just North of the D.C. Armory and within blocks of the bustling H Street Corridor, is No. 2 on the list. It scores well for restaurants and schools.

    Farlington-Shirlington in Arlington, Virginia, comes in third. It ranks high mostly for value, or what you get for your money.

    Trulia’s top 10 best value neighborhoods in the region:

    University Park, Maryland
    Kingman Park, D.C.
    Fairlington-Shirlington, Virginia
    Fort Belvoir, Virginia
    North Springfield, Virginia
    Groveton, Alexandria, Virginia
    Pimmit Hills, near Tysons Corner, Virginia,
    Broadlands, Loudoun County, Virginia
    Fort Hunt (near Mt. Vernon), Virginia
    Lincolnia, near Annandale, Virginia

  • Creig Northrop Team of Long & Foster Real Estate Ranked First in the Nation for the Third Time – Benzinga

    The Creig Northrop Team of Long & Foster Real Estate was ranked first in the nation for the third time based on sales volume, according to REAL Trends, a provider of statistical analysis for the residential real estate industry, in partnership with The Wall Street Journal.

    CLARKSVILLE, Md. (PRWEB) June 24, 2017

    The Creig Northrop Team of Long & Foster Real Estate was ranked first in the nation for the third time based on sales volume, according to REAL Trends, a provider of statistical analysis for the residential real estate industry, in partnership with The Wall Street Journal. This is the first time any real estate team has achieved the top ranking three times. The Northrop Team also received the nation’s top-ranking position in 2010 and 2011.

    The Northrop Team also ranked No. 1 in Maryland with a sales volume of $765,479,027 and 1,772 completed transaction sides in 2016. This marks the 11th consecutive year for achieving the ranking of No. 1 real estate team in Maryland.

    “Northrop Team’s No. 1 ranking nationally reflects the unparalleled service we provide our customers. They benefit from a powerful, top-ranked real estate team with wide-reaching resources to accomplish their success,” said Creig Northrop, president and CEO of the Northrop Team. “We position an ahead-of-the-curve, robust marketing effort tailored for our customers.”

    The Northrop Team’s ranking is part of REAL Trends The Thousand, which was developed jointly by The Wall Street Journal and REAL Trends. REAL Trends compiles rankings based on surveys of previous applicants as well as more than 900 of the largest United States brokerage firms. An independent third party verifies all submissions, and staff from REAL Trends also reviews these submissions for accuracy.

    “Over the 10 years REAL Trends and The Wall Street Journal have collaborated on ranking the top real estate agents and teams in America, no team has been more consistently in the top teams than the Creig Northrop Team,” said Steve Murray, president and owner of REAL Trends. “Reaching the No. 1 position among thousands of top teams in terms of closed volume is not a one-time thing but the result of years of hard work by Creig and his team. All of us at REAL Trends and our marketing partners at The Wall Street Journal congratulate him and his team.”

    The Creig Northrop Team of Long & Foster Real Estate is the No. 1 real estate team in Maryland for all brokerages.* They represent buyers and sellers of residential real estate in the Baltimore and Washington metropolitan regions with offices in Annapolis, Clarksville, Sykesville, Silver Spring and Lutherville-Timonium, Maryland. Creig Northrop has more than 25 years of experience in residential real estate and leads a team of over 85 full-time real estate agents. Long & Foster Real Estate is the largest independent residential real estate company in the United States and the No. 1 seller of luxury homes in the Mid-Atlantic region.**

    By volume & transactions according to the Wall Street Journal & REAL Trends since 2006
    ** Luxury Portfolio International and Christie’s International Real Estate

  • Where DC home sellers get more than asking price – WTOP

    Where DC home sellers get more than asking price – WTOP


    WTOP

    Where DC home sellers get more than asking price
    WTOP
    “Even though sparse inventory continues to cause frustration in the real estate market, many areas still saw rising home sales and prices last month, including in Washington, D.C.,” said Jeffrey S. Detwiler, chief operating officer of The Long & Foster …
  • Housing inventory has gotten worse as demand rises

    Housing inventory has gotten worse as demand rises

    CNBC’s Diana Olick reports on the latest numbers for the Case-Shiller home price index.

    Click to play video…

  • Residents in these Md. counties pay the highest property taxes – Baltimore Business Journal

    Residents in these Md. counties pay the highest property taxes – Baltimore Business Journal

     


    Baltimore Business Journal

    Residents in these Md. counties pay the highest property taxes
    Baltimore Business Journal
    The real property tax rate in the city is the highest of any jurisdiction in Maryland at 2.24 percent. The next highest real property tax rate is in Charles County, where owners pay a rate of 1.25 percent. Real property taxes are paid on the land and … 

  • $51 million foreclosure of New York penthouse could be most expensive ever

    $51 million foreclosure of New York penthouse could be most expensive ever

    An apartment in one of New York’s most expensive buildings is heading to foreclosure.

  • Inside this Maryland house, there’s much, much more than meets the eye – Washington Post

    Inside this Maryland house, there’s much, much more than meets the eye – Washington Post


    Washington Post

    Inside this Maryland house, there’s much, much more than meets the eye
    Washington Post
    The Potomac house owned by Tracy and Mary Vargo was just the opposite: the rare house that was actually smaller than it looked, said Tracy, a principal with the Matan Cos., a commercial real estate services and development firm in Germantown. “We fell …

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  • 50 stores? Wawa unveils its expansive plans for Greater Washington, look of the first in DC – Washington Business Journal

    50 stores? Wawa unveils its expansive plans for Greater Washington, look of the first in DC – Washington Business Journal


    Washington Business Journal

    50 stores? Wawa unveils its expansive plans for Greater Washington, look of the first in DC
    Washington Business Journal
    Wawa has operated urban stores in Philadelphia for years, and decided to expand to Washington due to the demographics as well as the proximity to its home market. More than six months ago, it hosted a dozen or so D.C.-area real estate brokers in …

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  • All-America Survey: Economic optimism near all-time high

    All-America Survey: Economic optimism near all-time high

    In CNBC’s exclusive All-America Economic Survey, Steve Liesman reports 30-percent of Americans are upbeat about the economy.

  • What home buyers can get for $500000 – Washington Post

    What home buyers can get for $500000 – Washington Post


    Washington Post

    What home buyers can get for $500000
    Washington Post
    [What home buyers can get for $300,000]. For anyone outside the Beltway, the D.C. region’s housing prices must seem exorbitant. According to realtor.com, the median price nationally was $274,900, compared with $462,500 for the Washington area in May.