LIFE IN THE DMV – The Blog

DC-Area Home Sellers Saw $92,000 in Profits Last Quarter

DC-Area Home Sellers Saw $92,000 in Profits Last Quarter

In case you need more evidence of how hot the local housing market has been this year, home seller profits have shot up over the past six months. Homeowners in the DC area who sold in the third quarter of 2020 saw an average profit of $92,100, according to the latest...

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Amazon Launches Innovative “Right Now Needs Fund”

Amazon Launches Innovative “Right Now Needs Fund”

Amazon and Communities In Schools NOVA announced that Amazon is making a $1 million donation to support the immediate needs of thousands of students from underserved communities in Northern Virginia amid the COVID-19 pandemic. Communities In Schools NOVA will...

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Rossyln Hotel Flipping to Apartments

Rossyln Hotel Flipping to Apartments

The Virginian Suites hotel at 1500 Arlington Blvd, near Rosslyn, has closed. Last week workers could be seen hauling furniture out of the building, which is located on the southern side of Route 50, a couple of blocks from the Iwo Jima memorial. A sign on the door...

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Housing Market Stress Due to Exceptional Demand

Housing Market Stress Due to Exceptional Demand

Exceptional demand for new and existing homes, brought on by the stay-at-home culture of the coronavirus pandemic, has the housing market severely depleted. Sales of newly built homes jumped to the highest level in 14 years in August, but builders’ supply dropped to...

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Rossyln is Getting an Outdoor Co-Working Space

Rossyln is Getting an Outdoor Co-Working Space

Set to open mid-October, “Outdoor Office” (or, just “O2”) is being built and funded by Rosslyn’s Business Improvement District. It will be located in Gateway Park, across the street from the Key Bridge into Georgetown. The space will feature two separate work areas...

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Amazon’s Virtual Ignite Digital Festival

Amazon’s Virtual Ignite Digital Festival

Last week, more than 1,500 owners from Amazon’s Delivery Service Partner (DSP) program gathered virtually at the Ignite Digital Festival to share knowledge and experiences and connect with Amazon leadership to help shape the future of customer delivery. In 2018, the...

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Unique Condos Coming to Chevy Chase

Unique Condos Coming to Chevy Chase

A new development plan calls for razing a dentist office on Chevy Chase Drive in Bethesda and replacing it with a 70-unit condominium building. The condo building would stand a maximum of 70 feet tall, according to project plans filed with the Montgomery County...

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Amazon wins FAA approval to deliver packages by drone

Amazon wins FAA approval to deliver packages by drone

Getting an Amazon package delivered from the sky is closer to becoming a reality. The Federal Aviation Administration has granted Amazon approval to deliver packages by drones. The company has been working on drone delivery for years, but it has been slowed by...

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DC Region Housing Market Up in August

DC Region Housing Market Up in August

The DC region just had its strongest August housing market ever, with record home prices and record sales driven by record demand and record low interest rates.  Urban Turf has published some of the more telling statistics from the August market. $515,000 -- The...

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Pentagon City Park Expansion Approved for Amazon HQ2

Pentagon City Park Expansion Approved for Amazon HQ2

The Arlington County Board has unanimously voted to approve a master plan and design guidelines for the 2.47-acre public park. Metropolitan Park’s renovations are part of Amazon’s community benefits package and will be a $14 million project.   The project intends...

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The Difference a Low Mortgage Rate Makes

The Difference a Low Mortgage Rate Makes

Long-term mortgage rates remain just below 3% and just above their all-time record low.  A year ago, rates were 56 basis points higher. UrbanTurf has taken its semi-regular look to see how the much lower rates are impacting mortgage payments. A home with a $800,000...

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Amazon has a New Fitness Tracker

Amazon has a New Fitness Tracker

Amazon has started selling a wrist band that tracks workouts, sleep and body fat. To measure body fat, Amazon will ask users to scan their body with their smartphone cameras while wearing boxers or a sports bra with bike shorts. The fitness tracker will give the...

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Arlington Has Resumed Waste Collection

Arlington Has Resumed Waste Collection

Yard waste collection resumed in Arlington after a four-month hiatus. Residential waste collection customers had to do without the weekly collection of organic material since early May, when the county suspended it on account of increased trash volumes during the...

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