Washington Property Market and Real Estate Guide

(Washington, District of Columbia - DC, USA)

Situated close to Virginia and Maryland, Washington DC is one of the most beautiful cities in the US. Featuring picturesque parks, a famous sports team and a large number of world famous monuments, this city is a popular place to relocate to.

Washington DC is also famous for its impressive architecture, and there are a large number of large colonial-style homes for sale and rent here, as well as modern apartments on offer which are well suited to the many business people who choose to stay here long term.


Sales of property in Washington DC have dropped recently, meaning there is plenty of affordable real estate on the property market to choose from. Mortgage rates are set to rise in the Washington DC area, making now the prefect time to purchase real estate here. Some of the most popular areas to buy and rent property include Georgetown, Dupont Circle, Shaw and Adams Morgan.

Renting Serviced Apartments

While serviced apartments are not as popular here as in coastal cities, there is still a good selection to choose from in Washington DC. Although considerably more expensive than standard apartments, these luxurious rentals are a great option for people who spend time on the road or simply want to spend a few months in Washington DC.

Serviced apartments are available on a month-to-month basis and usually come fully furnished. They also offer a range of extra amenities denied to those who rent standard apartments, such as modern kitchens, palatial gardens and perhaps even a shared swimming pool and BBQ pit.

Buying Apartments and Houses

Although prices are on the increase, there are still plenty of affordable apartments and houses to be found on the outskirts of Washington. Those interested in purchasing property should note however that taxes and fees must be added to the price of the property. They should come to no more than ten percent of the property value.

While purchasers are free to act alone, this can be rather risky and it is always best to obtain the services of a lawyer, who will ensure that the sale is registered with the appropriate authorities and perform services such as checking the title ownership. This is particularly true if you are an expat buyer unfamiliar with US property law.

Real Estate Agents

The real estate agents in Washington DC provide a slick, professional service and most agents have been providing property solutions for clients for a number of years. However, agents can be rather pushy and property hunters must keep their needs and objectives firmly in mind.

With so many agents to choose from in Washington DC, property hunters should take the time to choose the most suitable agent and read through reviews from previous clients, as well as checking credentials and the company website in advance.

Have a look at recommended real estate agents that operate in Washington DC:

Cathie Gill, Inc. Realtors
Address: 3201 New Mexico Avenue Northwest, Suite 245, Washington, District of Columbia D.C., 20016, USA
Tel: +1 202 364 3066
Email: cathie@cathiegill.com
Website: www.cathiegill.com
Cathie Gill, Inc. is based in Washington DC and has been specialising in residential and commercial property sales since the 1980s.

DC Metropolitan Homes
Address: 8230 Old Courthouse Road, Suite 460, Vienna, VA, 22182, USA
Tel: +1 202 460 5636
Email: matt@dcmetropolitanhomes.com
Website: www.dcmetropolitanhomes.com
This small yet experienced firm provides a personalised service for buyers, sellers and property investors in the metropolitan area.

TTR Sotheby's International Realty
Address: 5454 Wisconsin Avenue, Chevy Chase, Maryland MD, 20815, USA
Tel: +1 202 967 3344
Email: BarbaraZDC@aol.com
Website: www.washdcrealestate.com
A friendly and personalised service is guaranteed with this company, which specialises in properties within and around Washington DC.