Developers in certain neighborhoods throughout DC have a chance to receive $145,000 in pre-development grant money, Washington Business Journal’s Jonathan O’Connell reported yesterday.
“Money can be used toward developers’ costs related to planning, environmental work, accounting, market studies, soil testing, legal services and other expenses,” O’Connell wrote.
Builders in the following neighborhoods are eligible for the money:
Anacostia, Bellevue, Bloomingdale/Eckington, Brightwood/Upper Georgia Avenue, Brookland/Edgewood, Columbia Heights, Congress Heights, Deanwood Heights, H Street NE, Logan Circle, Shaw and Washington Highlands.

(Communities like Columbia Heights could benefit from the grant money)
These neighborhoods already have numerous DC Condos …

According to our friends at Trulia, almost 25 percent of the homes in DC and Maryland were reduced during February.  DC actually reached 25 percent, while Maryland came in close behind at 24 percent. The data evaluated each state’s(as well as DC) real estate progress last month.
DC and Maryland were in the top five of home price reductions, joined by Arizona, Massachusetts, and Hawaii.  While certain regions are clearly feeling the effects of price reductions, California certainly isn’t.
“Six major cities in California also occupy the lowest percent of current listings …

Several days ago, I posted our CondoLoft poll of the week, with the question asking how long will it be before the Capitol Riverfront community in Southeast really takes off.   If you haven’t voted, please do. It is a question that is a big one around town, as many DC real estate folks will watch the neighborhood’s future to see whether the plans for the community come to fruition.
Just days after our poll, UrbanTurf writer Tim Brown wrote a really in-depth article profiling the community, and its current status.
“Slowly …

Certain condominiums offer you the chance to be a part of the heartbeat of downtown Washington, DC. These condominiums are part of diverse, exciting neighborhoods, filled with culture. While there are suburban communities in the District that are great as well, these bustling urban areas echo the true essence of DC.
The Renaissance at Logan is a condominium complex in one of these areas.  The Renaissance at Logan is located off of Logan Circle, an area that is really taking off with its proximity to Chinatown and U Street.  With neighboring …

This week’s edition of Rent vs. Buy on UrbanTurf examines the Dupont Circle neighborhood.  While most communities in DC are fairly cut and dry when it comes to deciding whether to rent or buy, writer Michelle Lerner explained that Dupont Circle is slightly more complicated.

It is clear that Dupont is one of the prime places to live in DC.  Not only does it have a true sense of community because of its numerous cafes, bars, restaurants, small art galleries and shops, but it also has the ultimate location.  Within blocks …

New DC condominiums could be headed to the 14th Street Corridor.
According to Sarah Krouse of the Washington Business Journal, JBG Cos. “closed on its purchase of Swann Drycleaners, the last parcel needed for its condominium project on the site of the historic Whitman-Walker Clinic”.

(Photo from Washington Business Journal)
The 14th Street Corridor has been one of the hottest neighborhoods in DC during the recent condo craze. Because of its location in the heart of Downtown DC, but also its small-town, community feel, the 14th Street neighborhood has become one of the …

The Newton Street Flats is the renovation of an apartment building, circa 1963, into 12 new condos in Columbia Heights. Newton Street Flats, located at 1423 Newton Street, is only about three and a half blocks north of the Columbia Heights Metro station, in the center of the community.
The DC USA retail center around the corner from Newton Street, created in the Summer of 2008, has helped revitalize the 14th Street corridor of Washington, D.C.. The Columbia Heights area of DC has many new homes, including Kenyon Square, a much …

Below this photo is our poll of the week, and it is focused on Southeast DC’s Condo community.  There are tons of new DC Condominiums in and around the Southeast Waterfront.  The question for you is, how long will the community take before it really get’s going?

See all available Southeast DC Condominiums on CondoDomain and get in on the act!

How Long Before the Southeast Waterfront Condo Community Really Takes Off?polls

The front page article in today’s Washington Examiner, entitled “New divorce plea: No, you take the house!”, explains how the housing market nosedive is even affecting asset division in divorces. Because home selling values have deteriorated so greatly over the past several years, individuals getting a divorce now hope that their significant other is ordered to keep the residence.  While keeping the home used to be the central desire of both parties in a divorce, that is no longer true.

“The crippled real estate market has turned once-valuable assets into huge financial …

Only four units remain available for sale at Kenyon Square condominiums in the NW DC community of Columbia Heights.  Kenyon Square was voted the best mid-rise condominium by the National Association of Homebuilders in 2008!
Kenyon Square offers residents the opportunity to experience the ultimate in urban renaissance and urban living. Kenyon Square, located at 14th & Kenyon Streets, NW, in Columbia Heights, is an exceptional new loft condominium.

Kenyon Square overlooks the Columbia Heights Metro station, and offers one and two bedroom condominiums. Each unit offers sleek, stylish furnishings, hardwood floors, …

Michelle Lerner of UrbanTurf wrote an article yesterday about the expansion of the Brookland neighborhood in NE.  The Brookland area, which shares the community and Metro station stop with Catholic University, was dubbed “Little Rome” because of its religious connection.  Now, though, Brookland is becoming an artistic community, and will soon be filled with DC condo and DC loft residents who long to live in the city but not pay the big bucks for a downtown NW property.
In Lerner’s article, she describes how the Brookland community is adding numerous new …

There was a really interesting feature story in this weekend’s Financial Times’ House and Home section. The article, written by Emma Jacobs, describes how the recession is taking its toll on the housing of couples who have recently split up.  While I could have done without the numerous quotes from psychotherapists regarding the supposed mental state of broken up couples who remain under the same roof, the concept of the article was definitely eye catching.
“After years of arguments and tension, Steve and Diana finally decided to separate,”  Jacobs wrote.  ”Their …