District Home Magazine | Spring II 2021 by DHM Media

DISTRICT HOME SPRING II 2021

WASHINGTON, DC

MARYLAND

VIRGINIA

ESCAPES

AN INSIDE LOOK AT

THE CREATORS OF LUX EHOUZZ.COM

Jill Schwartz Mia Meklysh Ayda Makou Sydney Schwartz

Jayme Park

A SNEAK PEAK OF 2ND HOMES & VACATION PROPERTIES IN FLORIDA

PG. 5

THE SCENTS OF LUXEHOUZZ

PG. 13

DISTRICT HOME MAGAZINE EVERY HOME HAS A STORY. WE HELP YOU TELL IT. District Home Magazine is the leading resource for top realtors, modern design, luxury living and exclusive real estate listings. DHM is a distinctive magazine for the savvy, stylish and discerning homeowner. We do more than simply showcase a listing or advertise your business. Through an emphasis on beautiful design and clean aesthetics, we highlight every home, real estate specialist, design expert and financial institution as if it were our own. With up to 10,000 copies per issue distributed nine times a year to the most sophisticated homeowners and businesses, DHM will be an important partner in your marketing strategy. We provide impact with style while respecting your advertising budget.

THE DMV IS OUR AUDIENCE. Rapidly becoming the Manhattan of the Mid-Atlantic, Washington, DC and surrounding areas are vibrant, growing and sophisticated metropolises that bring together some of the world’s most influential and diverse groups of individuals. The residents of the DMV are active and love luxury. They enjoy a wide variety of cultural activities and entertainment. They dine out frequently and entertain graciously at home. They surround themselves with comfort wherever they live and wherever they are. These are consumers who can afford the finest homes and services. District Home Magazine puts your business in front of these powerful consumers. They will look to DHM as the source book for all of their home needs.

District Home Magazine Reagan@dhmmedia.com | districthomemagazine.com | dhmmedia.com 2

BEFORE:

AFTER:

JUST SOLD! Our trusting seller clients were open to every suggestion we made in the transformation of this one-of-a-kind unit. It paid off in spades securing them the highest sale on record in the building! Exquisite 2BR/2BA home in the coveted Dumbarton Condominiums, located across the street from Dumbarton Oaks and Montrose Park in the East Village of Georgetown. This one-of-a-kind unit boasts NEW FLOORING, UPDATED light fixtures and NEW kitchen hardware. The unit conveys with a HUGE OUTDOOR GARDEN which runs the length of the unit and seamlessly adds an additional 140 square feet of functional living space to the home. This outdoor extension of the living space is adorned with a trellis, the perfect spot for outdoor dining, with additional seating area for relaxing and taking in some sun. Serenely and quietly placed in this 19-unit building, the entryway is at walk-in level with two private entrances – feels like townhome living. Natural light throughout, decorative fireplace. Common laundry room (on the same level), with the capability to install a washer/dryer in the unit. Separate storage close by, just down the hall. Pet-friendly building. While the accessibility to amenities renders a vehicle unnecessary, there are several parking options close by. One block from Wisconsin Avenue shops and dining, and The Georgetown Safeway.

LEARN MORE ABOUT COMPASS CONCIERGE Get fronted for the cost of home improvement services with no interest - ever. Compass Concierge is the hassle-free way to sell your home faster and for a higher price with services like staging, flooring, painting, and more.

THE INFINITY GROUP

Janice Pouch & Jan Wortmann M: 917.415.7810 O: 202.740.5201 InfinityGroup@compass.com compass.com/concierge 3

THE LUXEHOUZZ COLLECTION

Luxury Living in Pike & Rose, North Bethesda’s newest community offering upscale amenities at your doorstep.

PIKE & ROSE

Breathtaking designed custom residence in the heart of one of Bethesda’s most sought- after neighborhoods Merrimakc Park.

ELGIN LANE

SOLD

2 Bed | 2 Bath 1,125 SQ.FT. Sold for 600k.

UNDER CONTRACT

6 Bed | 7 Bath 7,708 SQ.FT.

CO M

Listed for 2.2M

Tucked away on extraordinary twoacre property, this colonial-inspired resort is completely updated with a modern flair. The entire back of the home is walls of windows peaking out onto the take your breath away swimming pool and cabana.

AVENEL SAUNDERS

Spectacular custom built home by award-winning Rad Development. Aspen inspired designs create exterior and interior design features in a craftsman style.

ROCK RUN

Jayme Park Jayme@@luxehouzz.com

COMING SOON

5 Bed | 4.5 Bath 6,500 SQ.FT. Offered at 3million or rent for $10k per month.

SOLD

Mia Meklysh Mia@@luxehouzz.com

6 Bed | 5 Bath 6,314 SQ.FT. Sold for 1.8M

Ayda Makou Ayda@@luxehouzz.com

Sydney Schwartz Sydney@@luxehouzz.com

2ND HOMES & VACATION PROPERTIES IN FLORIDA LISTED BY JILL SCHWARTZ Luxe Houzz Group is defined by the convergence of our love of real estate and the passion to represent our clients in an industry that is fast-paced and fiercely competitive. This dynamic blend is reflected in every aspect of our boutique business model in which our business relationships are essential and our access to data is our competitive advantage. We pride ourselves on our portfolio comprised of some of the most luxurious properties in various stages of the design, build and current residences actively listed for sale or sold on the East Coast in Maryland, Virginia, Washington, D.C., the Jersey Shore, Delaware Beaches, and Southern Florida.

RESIDENCES OF SEKAI

THE RESIDENCES OF SEKAI, LIGHTHOUSE POINT, FL The elegant combination of contemporary and organic design is within walking distance to the Lighthouse Point Yacht Club Marina. This brand new boutique, luxury, gated townhome community combine luxurious living with a quiet residential lifestyle. Starting at $850K. 30 THIRTY NORTH OCEAN, FORT LAUDERDALE BEACH, FL

RESIDENCES OF SEKAI

30 Thirty North Ocean is a chic-urban beach condominium located in the upscale Lauderdale Beach neighborhood. This boutique, five-story, luxury condominium development includes a family membership to The Club at Harbor Beach Marriott Resort & Spa. Starting at only $1,250,000. Learn more: JillSchwartzGroup.com

30 THIRTY NORTH OCEAN

JILL SCHWARTZ

LUXURY REALTOR MD.DC. VA.DE.NJ.FL.

o: 301.652.0643 m: 301.758.7224 jillschwartzgroup@gmail.com 4600 N Park Ave., STE 100 Chevy Chase, MD 20815

Real Trends “The Thousand” List announced by The Wall Street Journal 2020 Real Living Sales Achievement: Diamond Medallion Winner 2019 #13 Nationwide for GCI at Real Living

2019 - 2021

30 THIRTY NORTH OCEAN

“MAKING REAL ESTATE LESS TRAN “MAKING REAL ESTATE LESS TRA YOUR LIFE IS CHANGING. “MAKING REAL ESTATE LESS TRAN E

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FIVE STAR REVIEWS

“JOHN WAS OUR PERFECT REALTOR! HE PREVIEWED THE CITY, AS WELL AS AVAILABILITY, AT THE OUTSET, AND THEN THROUGHOUT OUR SEARCH, FINE-TUNED PROPERTIES immensely navigating through purchasing a home in Reston andQUARANTINING surrounding HE “John SENT helped TO USusTO REFLECT OUR TASTE AND BUDGET. EVEN AFTER area. WITH Living in California time MANAGED zone issues could haveBY made this transaction troublesome BEGAN COVID 19,with JOHN TOURS TOURING HOMES PERSONALLY however John and his team kept us well informed, responded to any requests we made andHOME AND SHOWING US BY NE LIVE VIDEO. WE COULDN’T HAVE FOUND OUR PERFECT 307 TODD PLACE UNIT 1 700 E BROAD STREET, the process was seamless. We paid market value. We highly recommend John if you need WITHOUT HIM. OUR HIGHEST PRAISE! IF WE EVER HAVE TO SELL, WEVA WANT JOHN!” WASHINGTON, DCcalm, 20002 FALLS 22046 a realtor. He is honest, thorough and has an amazing team CHURCH, to work with throughout -Tammy Cox 2 BR | Loved 3 BATHthe | $735,000 6 BR | 6 BATH | $1,400,000 the process experience and was stress free!!!” MULTIPLE RELOCATIONS in ever-popular city of Falls Church Be part of the transformation of Eckington into a modernized Spacious, custom-built home - Laurie

space, right between the incredible construction and plans for its quality of life, small-town feel, and convenience! Offering a A around FIRST the TIME HOME-BUYER, WORKING WITH WAS FANTASTIC. HE WAS costJOHN credit with an acceptable offer. A gorgeous kitchen for “AS the area Rhode Island metro station and the 6% closing with ingredients from nearby Whole Foods and Harris Teeter. BOTH CLEAR AND THOROUGH WHILE EXPLAINING HOME PROCESS, area around the NOMA metro station through Union “John was a true joy to have up as my realtor. He Conveniently is infinitelyTHE patient. We BUYING took almost a year to AND by W&OD Trail, Larry Graves, Benjamin Banneker, and AS A RESULT I ALWAYS LIKE WHAT WAS HAPPENING ANDthe COULD Market and into home, Trinidad; a visually appealing variety of find my and theFELT whole timeI UNDERSTOOD he demonstrated that his interests were in finding East Falls Church parks. Easy access to Rtes. 66, 50, 7, Lee Hwy, East architectural styles and homes -including detached, MAKE INFORMED WASsale. ALSO FUN TO WORK INJECTING LEVITY right place for meDECISIONS. - not making HE a quick He talked me Metrobus. outWITH, of a6few places when Fallseven Church metro and large bedrooms; large walk-in rowhouses, condos, and apartments. This home's design closet; master with shower/bathtub two vanities. AND INTO WHAT OTHERWISE BEthe Abath STRESSFUL SITUATION. I+ WOULD *I*PERSPECTIVE was getting impatient - thankCAN goodness. He takes time toseparate understand your wants, “MAKING LESS TRANSACTIONAL....M preserves the vintage on the outside, but is all new REAL and open ESTATE Two-car attached garage + driveway parking, circular driveway + needs, and hopes. is very observant about each property. His OR depth of knowledge about RECOMMEND JOHNHe TO ANYONE IN THE MARKET TO BUY SELL THEIR HOME.” concept on the inside, including on-trend colors and finishes. parking pad out front. Wood floors throughout most of the home. homebuying taught me A soLEmuch. Thank you, John, for an amazing experience!” -Tason Lucas “John Once in a lifetime S sional, Doug R 1ST TIME HOME We are build-to-suit opportunity! 10 BUYER THINGS TO FO him, b

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COMMUNITY AWARDS

“JOHN WAS A FANTASTIC REALTOR AT EVERY STEP OF THE PROCESS. HE HAS A WAY TO “We went into this ADVISE, YET pushed LET YOU MAKE THE DECISIONS RIGHT FOR YOU. ALSO HANDLED HE back SENT TO TO REFLECT OUR TASTE AND BUDGET. EVEN AFTER QUARANTINING the market us toUS renting. We really (reallyyy) appreciate the effort HE you went through to find ALL -S BEGAN WITH COVID 19, JOHN MANAGED TOURS BY TOURING HOMES PERSONALLY 1 I care about you as a clie OF THE VENDORS NEEDED TO WORK WITH. I WOULD RECOMMEND us something... WeWE will SHOWING speak soon inLIVE the future, and thank you for being honest and direct, we reallyHIM!” AND US BY VIDEO. WE COULDN’T HAVE FOUND OURHIGHLY PERFECT HOME 2020-2021 2 - 80% over my business is e OUR HIGHEST PRAISE! IF WE EVER HAVE TO SELL, WE WANT JOHN!” 1432 Kirby do appreciate it, it WITHOUT madeRd aHIM. huge difference and we look forward to working-Ryan with you42580 again; frankly Willumson Fawn Meadow -Tammy Cox 3 Chantilly, -properties.” Patience is my Pl middle na VA 20152 MULTIPLE RELOCATIONSlooking IMclean, would not recommend anyone in this area but you given our experiences at SEASONED SELLER VA“AS22101 4 BEDS | 4 BATHS |$747,000 I have lived -Daniel4& -Amanda, 2019 in the D.C m A FIRST TIME HOME-BUYER, WORKING WITH JOHN WAS FANTASTIC. HE WAS BOTH CLEAR AND THOROUGH WHILE EXPLAINING THE HOME BUYING PROCESS, AND 5 My communication skills 5 ACRES | 8 BEDS | 10 BATHS |$6,250,000REALTORS AS A RESULT I ALWAYS FELT LIKE I UNDERSTOOD WHAT WAS HAPPENING AND COULD 6 - I dissect the issue, consid MAKE INFORMED DECISIONS. HE WAS ALSO FUN TO WORK WITH, INJECTING LEVITY “John Mentis is such a good real AND PERSPECTIVE INTO WHAT CAN OTHERWISE BE A STRESSFUL SITUATION. I WOULD 7 - agent I’m international. estate that we ended up RECOMMEND JOHN TO ANYONE IN THE MARKET TO BUY OR SELL THEIR HOME.” buying and selling our home with 8 and - I buying knowthewhen to push, pu -Tason Lucas him second time 1ST TIME HOME BUYER with him. We tricked ourselves 9 - Gardening is into my favorite the second purchase just because I T S N E XP we wanted an excuseis to what see JohnI use to h “JOHN WAS A FANTASTIC REALTOR AT EVERY STEP OF THE PROCESS. HE HAS A WAY TO ME 10 Humor E N

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ADVISE, YET LET YOU MAKE THE DECISIONS RIGHT FOR YOU. HE ALSO HANDLED ALL OF THE VENDORS WE NEEDED TO WORK WITH. I WOULD HIGHLY RECOMMEND HIM!” -Ryan Willumson SEASONED SELLER Mclean, VA 22101

JOHN MENTIS C: 202.549.0081 | O: 703.522.0500

again... I hope someday to be as good at my job as he is at his.” -AG.& S.G., Warrenton, VA. January 2020

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-S.B. & A.H. Arlington, Va. 1 - I care about you as a client. April 2020 50 V STREET NW HERNDON ST N 2 - 80%WASHINGTON, over my business is either from a repeat1813 client or a referral. DC 20001 ARLINGTON, VA 22201 42580 Fawn Meadow 50|$1,650,000 V St NW 5 BR | 4isBATH $1,350,000 5 BR | 3.5 BATH 3 Chantilly, - Patience my| Pl middle name. 20152character with its exposed brick Fantastic opportunity inWashington, 20001 A skillful remodel VA of historic Lyon Village -- aDC neighborhood 5 BEDS BATHS |$1,449,000 | 4 BATHS |$747,000 44 BEDS -andI Victorian-era have lived the surround, D.C metro area since 1986. walls style in fireplace tile and hall many consider to be one of the| 4most desirable in all of tree, that's been married with a modern, open concept main Arlington! Sited above a street with many beautiful homes, 5 -remodeled My communication skills and aregranite citedthisby mydame clients mynextbest asset. level, kitchen with stainless appliances grande is readyas for her chapter. A large lot counters, remodeled baths, remodeled master suite, pre-wired compared to recent neighborhood sales at over 9,000 SF didn’t thinksolutions. I’d and be spending so - I dissect issue, consider and propose for6 a sound system, andthe recessed lighting. An impressivealternatives, size at -- and the backyard is“Iflat. Bathrooms Kitchen have muchwood-burning time in my condo, butwood I’m “John Mentis is suchthe a basement), good real large bedrooms, main level all been remodeled. Two four stories (including fireplaces, 7 I’m international. very happy spending so much time estate that we ended up and parking AN HELP .® deck, YOUR LIFE ISESTATE CHANGING. I CA MORE PERSONAL” “MAKING REAL LESS TRANSACTIONAL....M deck andagent upper level fenced patio, for two cars. floors, and wood paneling all add to the sense of grandeur. in my condo. This quarantine really buying and selling our home with E 8 I know when to push, pull back, and stand still. L has been made better by being in him and buying the second timeSA Once in a lifetime JOHN MENTIS R my own home on10 a THINGS quiet street TO build-to-suit opportunity! with him. We tricked JOHN ourselves O KNOW ABOUT FOinto 9 Gardening is my favorite hobby. N. NELSON STREET, ARLINGTON, VAwhere 22207 I can hear birds chirping, the second purchase just 1823 because so much natural light, a BR | 5.5 BATH 4800 SQ. FT. | $1,779,000 with and we wanted an excuse to what see JohnI5use 10 - Humor topossible help| you maintain “We had is the best experience working with John balance Mentis when buyingperspective. our home. The Cherrydale neighborhood of Arlington has been around for over a century. Its pleasant mix of newer and older homes set on picturesque CT

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kitchen that I love to use, and back again... I hope someday to be as The process of buying a home can be rather daunting and stressful, but John was a fountain - for helping me patio. Thank1 you good at my as he is at insight, his.” of job information, and humor. He guided us through every step of the way with great - it!” -AG.& S.G., VA. to detail. Easy to communicate with, he accommodated our2get careWarrenton, and attention last-minute 3 - prepared. January 2020out of state and was always incredibly responsive, professional, -M.C.,and Washington, D.C. trips from cookie-cutter home design you’d see on every corner. Windows abound, giving the home a surprising amount of sunlight, and the reflection 5 BEDS | 4 BATHS |$1,449,000 4 BEDS | 4 BATHS |$747,000 March 2020lived metro area since 1986. 4 - I have in the D.C m It was ais beautiful. delight John, WORKING and we cannot recommend “AS Aworking FIRST TIME with HOME-BUYER, WITH JOHN WAS FANTASTIC. HE him WAS highly enough.” 9 525 Kirkfield Rd of the hardwood floors The kitchen is a showstopper with its solid wood cabinets, over-sized hardware, GE Monogram appliances, are cited by my clients as my best BOTH asset.CLEAR AND THOROUGH WHILE EXPLAINING THE HOME BUYING PROCESS, AND 5-Khadijeh, - My communication skills 2019 and huge granite counters. The AS upstairs bedrooms are grand, ofVA which22015 has anWAS ensuite bath, and theCOULD primary bath is breathtaking with its A RESULT I ALWAYS FELT LIKE Ieach UNDERSTOOD WHAT HAPPENING AND Burke, “I didn’t thinksolutions. I’d be spending so der alternatives, and propose 6and - I dissect the issue, consid MAKE INFORMED DECISIONS.and HE WAS ALSO FUN TO WORK WITH, INJECTING LEVITY bath, oversized shower andtime separate bathtub. cooling, a fully fenced yard, lower level bedrooms, extra washer/dryer much in my condo, but I’m Dual zone heating “John Mentis is such a good real 4 BEDS |OTHERWISE 2 BATHS |$555,000 AND PERSPECTIVE INTO WHAT CAN BE A STRESSFUL SITUATION. I WOULD 7 - agent I’m international. verythe happy spending so muchI time estate that we ended up hook-up complete package*Did mention built-in speakers?*Don’t miss this one-of-a-kind home* RECOMMEND JOHN TO ANYONE IN THE MARKET TO BUY OR SELL THEIR HOME.” in my condo. This quarantine really buying and selling our home with ull back, and stand still. 8 and - I buying knowthewhen to push, pu -Tason Lucas has been made better by being in him second time 1ST TIME HOME BUYER my own home on a quiet street with him. We tricked ourselves e hobby. 9 - Gardening is into my favorite where I can hear birds chirping, the second purchase just because with and so much natural light, WAS a we wanted an excuseis to what see JohnI use to h “JOHN A FANTASTIC REALTOR AT EVERY STEP OF THE PROCESS. HE HAS A WAY TO help you maintain balance perspective. 10 - Humor T

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kitchen that I love to use, and backYET LET YOU MAKE THE DECISIONS RIGHT FOR YOU. HE ALSO HANDLED ALL ADVISE, patio. Thank you forOF helping THEme VENDORS WE NEEDED TO WORK WITH. I WOULD HIGHLY RECOMMEND HIM!” get it!” 1432 Kirby Rd -Ryan Willumson

Making real estate VA 22101 less transactioal “Your Life Mclean, is Changing...I Can Help!”® -more personal!®

25 Kirkfield Rd

-M.C., Washington, D.C. March 2020

Burke, VA 22015

SEASONED SELLER

5 ACRES | 8 BEDS | 10 BATHS |$6,250,000

again... I hope someday to be as good at my job as he is at his.”

952

BEDS | 2 BATHS |$555,000

te less transactioal

ging...I Can Help!”®

JOHN MENTIS C: 202.549.0081 | O: 703.522.0500

-AG.& S.G., Warrenton, VA. January 2020

7 3

Making real estat “Your Life is Chang

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Distr ict Home Magazine is a leading source for moder n design, architecture, luxury living and exclusive real estate listings. PUBLISHER

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CONTENTS

+ FEATURES

DHM Exclusive Listings

DHM Real Estate Experts

Bryce Lingo & Shaun Tull . . . . . . . . . . . . . . . . . . . 40

Janice Pouch

Sarah Funt

Mr. Waterfront Team

Compass. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

Compass. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

Long & Foster | Christie’s International. . . . . . . . . 41

John Mentis

Steve Agostino

The Debbie Reed Team. . . . . . . . . . . . . . . . . . . . 42

Long & Foster | Christie’s International . . . . . . . . 6-7

Compass. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15

Washington Fine Properties . . . . . . . . . . . . . . . . 43

Marco Stilli

McWilliams Ballard. . . . . . . . . . . . . . . . . . . . . . . 44

Cover Highlight Jill Schwartz Group RLAH. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-5, 13

Features Local Link - Muchas Gracias. . . . . . . . . . . . . . . . . 24

TTR Sotheby’s International Realty. . . . . . . . . . . . . 25 Paul Sicari Keller Williams Realty. . . . . . . . . . . . . . . . . . . . . . . 35

Ways to Stage Your Home. . . . . . . . . . . . . . . 16-17

Mary Ann McGowan

Outdoor Kitchens. . . . . . . . . . . . . . . . . . . . . . 18-19

Thomas and Talbot Real Estate. . . . . . . . . . . . . . . 36

Lighthouse Full Moon Climb. . . . . . . . . . . . . . . . 26

Trish Dunn

Woodridge. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27

Long & Foster | Christie’s International. . . . . . . . . 37

Going Permanently Remote. . . . . . . . . . . . . 28-29 The Housing Market Per State . . . . . . . . . . . 30-31 Why This Isn’t 2006 . . . . . . . . . . . . . . . . . . . . 32-33 Why Is Everyone Moving to Texas?. . . . . . . . 32-33

Design Department

Carolyn Snyder Snyder Bailey & Associates. . . . . . . . . . . . . . . . . . . 38 Cricket Bedford Thomas and Talbot Real Estate. . . . . . . . . . . . . . . 39

Boffi. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 Dennesse Guadaloupe. . . . . . . . . . . . . . . . . . . . . 21 Dedar Milano. . . . . . . . . . . . . . . . . . . . . . . . . . 22-23

The Perfect Perfect Listing Listing is is aa Professionally Professionally Prepared Prepared Listing! Listing! The

B A E The Perfect Listing is a Professionally Prepared Listing! F F B TA BEFORE O &E EF R AFTER F T R O E E R E

CONCIERGE SERVICES THAT ADD VALUE CONCIERGE SERVICES THAT ADD VALUE Sarah has assembled a skilled and effective team of experts to ensure Sarah has assembled a skilled and effectiveand teamcapable of experts ensure your home is fully prepared for market of to achieving your home sales is fully prepared for market and capable of achieving maximum potential. maximum sales potential.

Sarah’s valued partners and team members THAT are your ADD trustedVALUE advisors in CONCIERGE SERVICES the selling process. It begins withmembers Sarah’s full list that Sarah’s valued partners and team arerecommendation your trusted advisors in Sarah has assembled a skilled and effective team of experts to ensure highlights the key areas of improvement in each home that can result the selling your process. It begins with Sarah’s full recommendation list that home is fully prepared for market and capable of achieving in increased Her trusted partners provide estimates highlights thesale key potential. areas of improvement in each will home that can result maximum sales potential. assessments so you canHer make simple and effective decisions about inand increased sale potential. trusted partners will provide estimates preparing your home for sale.make It could be a quick fix that Sarah’s and assessments so you can simple and effective decisions about Sarah’s valued partners and team members arekitchen your trusted advisors in the process. Ita begins withbe Sarah’s full recommendation electricianyour willselling manage, pool patio overhaul she willfixassign tothat her preparing home for or sale. It could a quick kitchen that list Sarah’s highlights key of improvement in home each thatlowest canto result outdoor expert; it’s the about adding value your at the and electrician will manage, or areas a pool patio to overhaul shehome will assign her in increased sale potential. Her trusted partners will provide estimates smartestexpert; cost toit’s you, resulting in higher for sale thelowest best price. outdoor about adding value potential to your home at at the and and assessments so you can make simple and effective decisions about Sarah’s approach toyour home preparation revolves around client and smartest cost to you, resulting in sale. higher potential for sale at the bestSarah’s price. preparing home for It could be a quick kitchen fix service that exceeding expectations. With Sarah managing punch-lists or fulltoroom Sarah’s approach to home preparation revolves around client service and electrician will manage, or a pool patio overhaul she will assign her renovations and home it adding saves her from outdoor expert;repairs, it’s about valueclients to your homeexcessive at the and exceeding expectations. With Sarah managing punch-lists or lowest fullGeneral room cost to you, resulting in higher potential for sale at the best price. Contractorsmartest fees;home she oversees the jobs and from directly deals with the renovations and repairs, itall saves her clients excessive General to home preparation around client service and vendors onSarah’s yourapproach behalf, resulting 30-40% cost Contractor fees; she oversees all inthe jobsrevolves and reduction. directly deals with the exceeding expectations. With Sarah managing punch-lists or full room vendors onrenovations your behalf, in 30-40% costclients reduction. andresulting home repairs, it saves her from excessive General Contractor fees; she oversees all the jobs and directly deals with the vendors on your behalf, resulting in 30-40% cost reduction.

#1 Individual Agent in #1 Long & Foster Office in 2020! ,CBR

A Trusted Partner ,CBR & Foster Bethesda Gateway ,CBR ALong Trusted Partner Direct: 301.509.1283 Long & Foster Bethesda Gateway A Trusted Partner Office:301.509.1283 301.970.7600 Long & Foster Bethesda Gateway Direct: Sarah.Funt@LongandFoster.com Office: 301.970.7600Direct: 301.509.1283 SarahFunt.com Office: 301.970.7600 Sarah.Funt@LongandFoster.com Sarah.Funt@LongandFoster.com SarahFunt.com SarahFunt.com

AS LUXURY REAL ESTATE EXPERTS, WE ARE C O N S TA N T LY

E L E VAT I NG THE EXPERIENCE.

THE SCENTS OF LUXEHOUZZ By Jill Schwartz Recently I was sitting in a luxury hotel lobby, and it instantly reminded me of a leasing office that I had visited with a client. It took me a second to get my bearings.

How could an ultra-luxurious, sleek marble iconic destination remind me of a short-term condo leasing office? Then it hit me right in the nose, literally. It was the actual scent. First, I was intrigued, so I did a little research. Boy, was I opening up Pandora’s box. Who knew there is an entire science between the process of selecting and then delivering a scent. Sure we all have some candles strategically place in our home, but this is a whole other level. There is a commercial machine that diffuses the scents. There are case studies and mixologists that create the level of intensity and data mapping for client responses. Art and Science infused a positive showing for potential buyers...its unique, inspiring, and quite brilliant. As luxury real estate experts, we are constantly elevating the experience. At LuxeHouzz, we are the first luxury real estate group that has adopted scent methodology for each of our property listings and incorporating the knowledge into each of our luxury homes. Over time our extraordinary living experience will be memorable to our clients and colleagues by discerning scents.

LUXEHOUZZ

m: 301.758.7224 jill@luxehouzz.com Real Trends “The Thousand” List announced by The Wall Street Journal 2020 Real Living Sales Achievement: Diamond Medallion Winner 2019 #13 Nationwide for GCI at Real Living

2019 - 2021

Life is turbulent. Caring for your home shouldn’t be. Streamline Management is an advanced, experienced residential leasing and property management company working in Maryland, Washington, DC & northern Virginia. Our bread and butter are singlefamily homes, townhouses, condos and small buildings up to 4 units.

OUR SERVICES LEASING Professional photography

WHAT EXPERTS ARE SAYING

Exhaustive background check Comprehensive advertising

Scott & Streamline take really good care of my clients. Owning investment properties isn’t all rainbows and unicorns and they explain things in a way that realistically prepares property owners while also making them want to buy more investments.”

PROPERTY MANAGEMENT Show residents the love

- Christy Bakaly, Compass

Ease of rental payments Quick transfer of rent proceeds Simple financial statements Roster of great contractors

CONTACT US 301.656.8765 | SCOTT@STREAMLINEMANAGEMENT.COM | STREAMLINEMANAGEMENT.COM 4845 Rugby Ave, Suite 201, Bethesda, MD 20814 3100 Clarendon Blvd, 2nd Floor, Arlington, VA 22201 14

MANAGED PROPERTIES

Innovative, updated leases

- Todd Harris, Long & Foster Realtors I refer all of my leasing clients to Streamline. I know that both my clients are going to feel the love and the properties will be in superb condition when it comes time for me to sell them after they are no longer rentals. That makes my job much easier.”

670

1636 R St NW, Washington, DC 20009

490 CLIENTS WORLDWIDE

Essence

CO M

IN G

N !

THE OF CHEVY CHASE 3704 MORRISON STREET NW, WASHINGTON DC 20015 5 BED | 3.5 BATH | CALL FOR PRICE With pride, we present for the first time since 1977 a home that is the essence of Chevy Chase. Located in the sweet spot of Chevy Chase where you still hear the birds and not the buses. A charming treasure of architectural significance, this American foursquare house displays the winning details of its day – large proportions, beautifully-crafted unpainted period trim, large windows featuring lovely leaded glass, a wrap-around porch, and the most captivating garage/carriage house you’ve ever seen. EXTERIOR – Dating from 1913, the house has an imposing exterior enhanced by mature plantings and a vintage iron fence. Note the wide, welcoming front porch and broad front door surrounded by leaded glass panes. MAIN LEVEL – Stately entry hall, living room with fireplace and built-in bookcases, formal dining room or family room with beamed ceiling, powder room, large table space kitchen overlooking rear patio, doors to deck & rear garden SECOND LEVEL – Four large bedrooms; two feature period leaded glass windows and another has a sweet window seat and Chippendale style window, full hall bathroom THIRD FLOOR – Walk up attic with very spacious bedroom, full bathroom with skylight BASEMENT – Big rec room, full bathroom, laundry room with storage, an additional room for a home office or more storage, storage room under the front porch.

STEVE AGOSTINO

The TaylorAgostino Group m: 202.321.5506 o: 301.298.1001 Steve@TaylorAgostino.com TaylorAgostino.com 15

Simple &

AFFORDABLE

WAYS TO STAGE YOUR HOME BY JACKIE WATERS CLEAR THE CLUTTER

Nothing takes away from the esthetic view of a home like clutter. It can marginalize your living space. If you present a cluttered home at your open house, most buyers will leave without a clear picture of your home’s quality. Decluttering is crucial to properly staging your home. Start the process of decluttering your home by dividing your residence into sections. For example, you can classify the sections as kitchen/dining room, bathrooms, den, common rooms, closets, garage/attic and exterior. Don’t start one area until you finish the other. Make sure to have plenty of labels, tape, trash bags (Amazon sells a 50-count box for $15.67), and bubble wrap. Label the items as “keep,” “sell,” “donate,” or “trash.” It is okay to recruit friends to help you. You can entice them to help by giving them some items you planned to sell or donate. NEUTRALIZING YOUR HOME BY DEPERSONALIZING YOUR SPACE Depersonalizing your home can be tough in several ways. Over the years, you might have subconsciously turned your home into an extension of yourself. It may reflect many of your desires, affiliations, beliefs, and tastes. If you have lived in your home for a long time, you may have difficulty with this task. Think of it as pre-packing for the move to your next home. This may ease the thought of separating from your past.

Anything that defines you or your lifestyle must be removed. This includes pictures, diplomas, banners, trophies, souvenirs, and the like. Personal items in the bathrooms and bedrooms must also go. All books with political or religious slants must disappear. As a rule, limit the literature collection to general interest and educational books. Also, decals and other personal items should be removed from the appliances.

ADDING THE FINE TOUCHES

Once you have cleared the canvas, you can start the design phase. Maybe you already have some great ideas, or maybe you don’t have a clue. Either way, it is smart to check out the competition. Search through some local real estate listings online for homes for sale in your market. Take notice of how these sellers use their space. Look for any signs of how they handled decluttering, depersonalizing, and staging. Attend a few open houses and follow up to see what these homes eventually sell for (homes in the DC area have been selling for a median price of $635,000, according to Redfin). The first visual experience a person gets of a luxury hotel is the doorman and the entrance. The hotel’s entrance should make a statement of elegance. Similarly, your entry way should make a statement. Make sure everything is functional and attractive. The area should be clean and fresh looking. Place some fresh flowers on a pedestal next to the door. From your research, you should know whether to use music in the background. Don’t believe the falsehood that small furniture makes a home look bigger. Brighten up your home with natural light or high-wattage lighting. Temper the light in appropriate places and make the important rooms a priority. When arranging furniture, use a technique the Huffpost calls “floating the furniture.” This involves placing chairs, tables, and couches away from the walls. Anchoring areas with throw rugs makes for a comfortable atmosphere. To suit your color scheme, don’t hesitate to rent the appropriate furniture pieces. Properly staging your home is a vital tool for selling your home at your asking price. The process should not be overlooked or dabbled with. Careful attention to decluttering, depersonalizing, and the design will likely pay off in the end. 17

LUXE EVERYTHING DESIGN

OUTDOOR KITCHENS

According to a 2021 design trends report by the National Kitchen and Bath Association, 60% of homeowners say they're planning to add an outdoor kitchen. If you're a part of that 60%, here are some tips for your outdoor kitchen bar.

PLAN IT OUT

SETTING UP

Determine how you want your outdoor kitchen to work first, and then look for the furniture and accessories that will help accentuate it. It’s wise to set up your outdoor kitchen by an exterior wall, allowing you to bring ingredients from inside without a hassle. It’ll also be easier to access electricity if need be.

Take note of what and how you want to use your outdoor kitchen and set it up for that. Include a countertop or table for preparations, a storage cabinet, and garbage bins nearby for convenience. An umbrella over your grill would be a nice touch to protect from any sudden rain!

ADD FURNITURE

PERSONALIZE IT

Invest in outdoor sofas, patio chairs, benches, and tables made with materials that are both weather-resistant and match the aesthetic of your outdoor kitchen. A rolling serving counter is a great addition - especially if you’re planning on making multiple-course meals.

Add the finishing touches that will make the most out of your new outdoor kitchen. It could be an outdoor cooler, a family-sized table, a handwashing station, or even just extra-comfortable outdoor pillows. If you want something to use year-round, consider adding a fire pit in the next few months.

“Your space should be reflective of you…My philosophy is...I will not be moving in, I am there to assist you in creating your vision.” — Dennese Guadeloupe Rojas Recognized as one of the Top 20 African American Interior Designers in the U.S., Dennese Guadeloupe Rojas is the owner and Principal Designer at Interiors by Design based in Silver Spring, Maryland. The firm’s list of clients encompasses projects in the expansive tri-state DMV, across the U.S. and in the

Caribbean. Dennese is a founder of the Design Collective DC, an active member of the District of Columbia Building Industry

Association (DCBIA), the Women Presidents’ Association (WPO) and the Black Artists & Designers Guild (BADG).

Schedule a Consultation: interiorsbydesignmd.com

22 Tessuto Campus, disegno geometrico su panama outdoor, col. 5 Soleil Nocturne Fabric Campus, geometric pattern on outdoor panama weave, col. 5 Soleil Nocturne

Sedia Mont Blanc, tessuto outdoor materico, col. 1 Neige Chair Mont Blanc, textured outdoor fabric, col. 1 Neige

COLLECTION

OUTDOOR

nder the sunlight of the Italian and French Rivieras, the Enjoyable Outdoor Collection reveals itself, expressed in a language of color and matter, freedom and functionality. It is here that these textiles find their natural environment: colorful deck chairs on the N IMBUS beach; fabrics gently laid down on the rocks; striped curtains on the sea-facing facade of Villa E-1027. Built in 1926 by architect and Ultrasoft wool bouclé col. Brebis, 4 Nude & 2 Topo designer Eileen Gray, a non-conformist spirit, this “housefabric, by the sea” was6one of the earliest architectural projects to exploit the voMorbido tessuto in lana bouclé, col. 6 Brebis, 4 Nude & 2 Topo cabulary of the modern movement. Here, the landscape and Gray’s pioneering design also fascinated Le Corbusier, who built his little refuge, Le Cabanon, right beside the villa. The deep colors of his paintings merge with the intense hues of the Mediterranean TEX LOsea. GIE and the lively shades of the fabrics to convey the pleasure ofTURO life by the

dedar.com @dedarmilano

SEE MORE AT DEDAR.COM 23

MUCHAS GRACIAS! NOT JUST TACOS. Muchas Gracias! began in 2020 as a way to support the community through COVID-19. Now, this pop-up turned brickand-mortar restaurant is not only known for its incredible $35 taco feast but for supporting relief efforts for refugee chefs, hospitality workers, and Latin American immigrant workers.

SERVING UP A POSITIVE IMPACT

This NW restaurant is run by Executive Chef and Managing Partner Christian Irabién, who is a Chihuahua, Mexico native. His years of extensive training in Latin American cuisine, focusing on Mexico, have led him to this moment of curating flavorful food and building a community.

Muchas Gracias! offers brunch, lunch, dinner, with takeout, delivery, and heated outdoor dining. They host In-Person or Zoom cooking classes with customizable recipes!

muchasgraciasdc.com 24

4524 VERPLANCK PL NW, WDC 20016

3 BR | 2.5 BATH | SOLD AT $1,237,950

6005 GROVE DR, ALEXANDRIA, VA 22307

5 BR | 3.5 BATH | SOLD AT $1,220,000

LE !

! 4516 DORSET AVE, CHEVY CHASE, MD 20815

3 BR | 2 BATH | SOLD AT $1,300,000

4 BR | 3.5 BATH | SOLD AT $1,550,000

STUDIO | 1 BATH | $269,000

SO 4017 CLEVELAND ST, KENSINGTON, MD 20895

1260 21ST ST NW #610, WDC 20036

2 BR | 2.5 BATH | $1,045,000

! LD SO 5240 MACOMB ST NW, WDC 20016

5 BR | 4.5 BATH | SOLD AT $2,090,000

SA R FO

1725 20TH ST NW #D1, WDC 20009

2 BR | 2 BATH | $1,175,000

1010 MASSACHUSETTS AVE NW, #1204

LE !

PRESENTED BY MARCO STILLI

2706 DUMBARTON ST NW, WDC 20007

3 BR | 1.5 BATH | SOLD AT $1,092,000

MARCO STILLI, REALTOR® VICE PRESIDENT

TRC, IT NAVY LCDR (Retired) m: 202.255.1552 o: 202.333.1212 mstilli@ttrsir.com Languages: English & Italian

LIGHTHOUSE FULL MOON CLIMB CAPE MAY, NEW JERSEY

Take advantage of the light of the full moon and let it guide you up the 199 stairs to the starry top! Cape May MAC (Museums+Arts+Culture) offers rare opportunities for nighttime climbs up the spiral steps to the Watch Gallery of the 1859 Cape May Lighthouse during select full moon dates each year. A full moon climb up the 199 steps is a special chance on clear nights to see the spectacular full moon in all its glory. Since it opened to the public in 1988, more than 2.5 million people have climbed the 199 steps to the Watch Gallery at the top of the Cape May Lighthouse during the day. Fewer have seen the grand vista of the evening sky and the full moon from atop this majestic beacon at nighttime. The lighthouse is in Cape May Point State Park, Lower Township (next to Cape May Point Borough Hall at 215 Lighthouse Ave. in Cape May Point), and normally closes at dusk. Cape May MAC (Museums+Arts+Culture) is a multifaceted, not-for-profit organization committed to promoting the preservation, interpretation and cultural enrichment of the Cape May region for its residents and visitors. Cape May MAC membership is open to all.

DATES AND HOURS: Tuesday Wednesday Thursday Friday Sunday

April 27th May 26th June 24th July 23rd Aug. 22nd

8:00 p.m. - 10:00 p.m. ADMISSION: Adults: $20 Children (ages 3-12): $10

26 Visit capemaymac.org for updates.

WOODRIDGE

The Next Neighborhood

WASHINGTON, D.C

URBAN AMENITIES WITH THE COMFORT OF SUBURBIA If you’re looking for the perfect balance between the suburbs and the city, see if Woodridge could be your next move! In Ward 5 of Northeast D.C, Woodridge is a residential neighborhood about a 15-minute drive from Capitol Hill. Barnard Hill Park sits in one corner and provides 22 acres of free space for picnics and runs. Also nearby is the Dwight A. Mosley Playground and Taft Recreation Center, which offers large playgrounds and courts for tennis and basketball. Residents of Woodridge have several options in terms of public schools and transportation. But it’s not just for families - the neighborhood is full of people who want to enjoy the quieter parts of D.C, enjoy their backyard, while still being close by to the center. The future of Woodridge sees an influx of new restaurants and things to do while still maintaining a suburban feel. In early June, a new upscale American restaurant called His & Her will open to the public. This will likely be the first of many new restaurants in the next few years - especially alongside Rhode Island Avenue. If the pandemic has given you a new appreciation for the suburbs, see if moving to the urban-suburban mix that is Woodridge is your next move! Photo courtesy of Alison Beckwith The Hyattsville Wire

To read more about the launch of His & Her D.C, visit hyattsvillewire.com

GOIN G PERMANENTLY REM OTE

Over the past year, the pandemic has forced a lot of reflection, and given how much time we’ve spent trapped in our homes, much of that reflection has centered on how and where we live, work and play. CraftJack surveyed 2,888 Americans, including 50 to 150 residents in each of 24 major American cities. Forty-seven percent of our respondents were female and 53 percent male, with an average age of 38 years old and an age range of 18 to 70 years old.

61% WOULD MOVE IF GIVEN THE OPTION TO WORK PERMANENTLY REMOTE. As the prospect of long-term remote work emerges and grows in so many industries, millions of Americans are dreaming of new ways to live and new places to move. We started with a simple question: Would you move, if given the opportunity to work permanently remote? A majority of Americans living in cities (61%) say yes. Not surprisingly, many of the most expensive and densely populated cities contain the highest percentages of people looking for a change of pace. Of those who would leave their current city, we asked what reasons would most compel the move. The desire for a bigger, better home and lower cost of living were the top reasons cited, followed by the desire for more access to nature. Interestingly, weather was the leastcited reason. And when we put the quality of a home head-to-head against the quality of its surrounding area, 66% said the area they live in is more important. To be fair, some residents of major cities have emerged after a year of the pandemic and found they like their city better than ever before. We tip our cap to Indianapolis for having the most people who are grateful for what they’ve got.

TRENDIEST CITIES: 1. AUSTIN 2. LOS ANGELES 3. NEW YORK CITY Next, we asked residents of major cities which other American city they’d move to if given the chance. Honolulu, San Diego, and Seattle were most frequently selected, followed by Denver, Washington D.C., and Tampa – St. Petersburg. Notably, with the exception of Dallas – Ft. Worth, residents in Texas and Florida are committed to staying instate. And no one wants to move further from home than Charlotte and Atlanta residents, both selecting Honolulu as their ideal.

TRENDIEST STATES: 1. TEXAS 2. CALIFORNIA 3. FLORIDA 4. COLORADO 5. NEW YORK. We also asked people what they sense are the major trends right now— 67% feel that the suburbs are “cooler” now than they were pre-pandemic, 69% say smaller cities are trendier than big cities, and 65% say it’s trendier to live out in the country right now, vs. a big city. Texas, California, and Florida are the three trendiest states to be right now, and Austin, TX is the single trendiest city of all.

We asked people if they had to move abroad, where they would choose to live. Ironically, 250 years after we declared our independence from England, now Americans want to go back! The United Kingdom—including England, Scotland, Wales, and Northern Ireland—was the top choice. Canada, France, Japan, and Italy rounded out the top five. One curious trend that has emerged during the pandemic involves cities and states offering incentives for people to relocate. Notable examples include Tulsa, OK and the state of Vermont, each offering up to $10,000. Given this, we decided to ask people what it would take to compel them to a new location, particularly one they’re not particularly fond of. Of those we surveyed, 78% said they would need $100,000 to move to a city they don’t really like, and approximately one in four (23%) would need at least $250,000. We also asked about the opposite scenario—what pay cut would people take to relocate to their most ideal spot? Most Americans (83%) would only take a 10-20 percent pay cut to make that move, with 60% saying 10 percent would be the maximum they would tolerate.

87% BELIEVE THEY SHOULD BE PAID THE SAME AMOUNT THEY’RE CURRENTLY BEING PAID, NO MATTER WHERE THEY MOVE This brings up one of the most contentious debates around the future of remote work, relocation, and distributed workforces: should companies adjust salaries down—making what’s called a locality adjustment—when an employee moves from a more expensive area to a less expensive one? The answer from workers is a resounding no—87% believe they should be paid the same amount they’re currently being paid, no matter where they move. Finally, on the topic of having teams and workforces distributed across multiple locations, we asked about dynamics unique to such work, beginning with time zones. Of the people who have coworkers working in multiple time zones, 57% say the difference routinely interferes with their work. And for those who are in the minority in terms of their time zone, 57% start and end their workday when the majority of their coworkers do, versus 43% who work on their own local time. How do people feel about starting a permanent remote position, with the possibility that they will never meet their coworkers in person? 87% of people said if all else looks good, they would take that job. 29

WHAT THE HOUSING MARKET LOOKS LIKE IN EVERY STATE

By: Polina Ryshakov, Sr. Director of Research & Lead Economist for Sundae Despite the global pandemic as a backdrop, home sale prices went up all across the country in the past year. At the start of the coronavirus pandemic, no one could have predicted what would happen with the housing market. Typically, in a recession, home prices fall and people stay in their homes. The opposite occurred in the fall of 2020. As more and more office workers were given the green light to work remotely, some for an indefinite time period, and mortgage interest rates hit an all-time low, real estate sales spiked in almost every region of the country.

But how long will this housing boom last, and which states are feeling its effects the most?

Sundae used data from the U.S. Census Bureau’s 2019 American Community Survey 1-Year Estimates (released in December 2020) and its own 2021 internal data on current housing market trends to compile a list of statistics that show what the housing market looks like in every state. These stats cover what types of homes exist in every state, how many people are owning or renting homes, the value of homes, and how many homes have been on the market over the past couple of months (it’s important to note that some of this data is constantly changing due to the pandemic). Our featured states this month: Texas, Arizona, Idaho, and Nevada

Polina is Sr. Director of Research & Lead Economist, Sundae. She is a Real Estate Economist with more than 15 years of valuation experience across commercial and residential real estate. Her background includes stints with Cushman & Wakefield, Hanley Wood, and Standard & Poor’s. Polina graduated with a double major in Economics and International Relations from the University of California at Davis and has been a CAIA Charter Holder since 2010. 30

TEXAS

ARIZONA

Texas had a very strong 1Q 2021 with 10% increase in closed sales. This is despite the winter storm Uri, which made its way across the state bringing power outages and bursting pipes leaving people without water and electricity for days. Delivery of new homes also stalled because of the storm further exacerbating the supply issue. Average days on market are at all-time lows. Activity will continue to shift toward homes priced over $300K due to lack of inventory at lower price levels and increasing building costs.

Arizona is one of the hottest real estate markets in the country. Median home prices increased 19.8% since April of last year. Supply is down to under 2 weeks. The demand for largest Arizona metros was there before the pandemic and has only increased since. Native Arizonians, who are priced out of the market by massive price growth are blaming migrating neighbors for driving prices up, but with strong population growth of the state and large local universities producing strong wage earning talent, Arizona has been underbuilt for a long time. Seller’s market is here to stay.

Median price: $235,000 (10.5% higher than in 2020 and 14.1% higher than 2019)

Median price: $334,000 (19.8% higher than in 2020 and 30.0% higher than 2019)

IDAHO

NEVADA

Idaho became the top state in 2020 for inbound moves according to United Van Lines annual study. Top reasons were retirement, followed by jobs and lifestyle, or in a nutshell, affordability. Boise was ranked # 4 best place to live by U.S News & World Reports. According to Freddie Mac HPI, 3 of the top 5 fastest growing real estate markets in the country are in Idaho. With the home price appreciation in the 20% ‘s, the relatively low cost of living compared to its neighboring states may stop being the case in coming years.

Nevada is heavily reliant on the tourism industry and as a result, was hit the hardest of all 50 states by the pandemic. Amid the lockdown, Las Vegas’ luxury real estate sector was doing particularly well, while other segments lagged behind the national double-digit appreciation boom. As Nevada’s labor markets are beginning to recover, pending home sales are showing an exponential growth. Once pandemic stops causing disruptions for business entirely, the Nevada housing market can be expected to outperform the national averages.

Median price: $378,000 (25% higher than in 2020 and 36.9% higher than 2019)

Median price: $349,500 (10.5% higher than in 2020 and 13.5% higher than 2019)

WHY THIS ISN’T 2006 By Sammy Dweck

Sammy Dweck Vice President TTR Sotheby’s International Realty sammydweck.ttrsir.com sdweck@ttrsir.com

As the sellers’ market has become so profoundly pronounced in recent months, many of my buyer clients have inquired, “Am I going to be overpaying if I buy now?”. My hedged answer is, “Probably not, if you’re planning to stay at least a few years.” Factors contributing to the current climate include interest rates at historic lows, a remarkable shortage of inventory of single-family homes and a rapid reordering of preferences due to the pandemic. Additionally, the construction industry never quite recovered from the last recession, further constricting the housing supply. It is no wonder prices are climbing around the country and in the Washington region. Swift increases beg the question – is this a bubble?

housing stock did not appreciate in value.

Information from Bright MLS illustrates that when accounting for the District overall without segmenting by price or type of residential housing, the increase isn’t as dramatic as it sounds. While the District’s median sales price at $660,000 for April 2021 is up 59% from recession pricing ten years ago, it is only up 12% from April 2019 – hardly the dramatic spike that ought to indicate an unsustainable frenzy. Similarly, Montgomery County’s median sales price of $530,000 is 54% higher than ten years ago, but up only 15% from two years ago. In the last rapid run-up in the early and mid-aughts, prices increased more dramatically in less time – increases were double-digits annually for several years; the The housing downturn of 2007-2011 resulted from Case-Shiller index for the D.C. region from March of loose monetary policy, even more flexible 2004 to March of 2006 was up 44.7% in those loan standards, and an assumption that the two years. The most recent data for this value of real estate could only ever go spring is not yet available, but to compare up. Manifestly unqualified people were apples to apples, the same index shows given 0% down loans and adjustablethe region up 13% between February rate mortgages. This house of cards 2019 and February 2021. Ultimately, SWIFT INCREASES BEG eventually collapsed, leading to a steady, sustainable growth is best for THE QUESTION – major recession that precipitated new the real estate market. regulation and oversight. These days, the standards to purchase a property The shift in preferences we have seen IS THIS A BUBBLE? are far more stringent. Even some of my in the last year may prevail in the short clients with excellent credit, substantial run, but I do wonder if it will be as income, and ample assets are asked to substantial in the long run. Presumably, provide a trove of documentation before some of the people who expect not to their loans close. As one recently said, “If I had return to the office will have to at least some known how involved this was, I’d have just paid of the time. Inevitably, the allure of walkable cash!” communities in the city will draw various buyers, including seniors, recent graduates, and young families, back Lenders are much more careful because of the pandemic, ensuring into those neighborhoods after some nightmarish commutes in that buyers are better capitalized than usual, given the unknowns rush hour traffic from outside of the Beltway. in the current labor market. The primary difference between the last housing bubble and this recent upward march in pricing is While we can’t predict the future, the best way to ensure you make that the increase in prices seems to be largely undergirded by a the right financial decision is to buy somewhere that you anticipate lack of supply to meet demand and higher standards to borrow you’ll want to live for some time and to make the strongest down money. It is hard to imagine, albeit not impossible that this market payment you can afford - all while leaving money in reserves for is a crescendo leading to a crash. It is possible that prices in some an unanticipated emergency. If you can make some compromises, of our suburbs may be a little bit frothy due to the frenetic pace of buy just a little bit below the top of your budget to avoid feeling the market – that they will pull back a little bit or achieve stasis as stretched. Long-term, the D.C. area market is one of the most stable the pandemic slowly ends. Generally, D.C. area real estate increases in the nation, and it is known for rewarding people who hold their over time – it is hard to find a long time over which the region’s properties with gains in equity and wealth.

a c s

e p

e WHY IS EVERYONE MOVING TO TEXAS? Texas has seen an influx of people in the last year, and there’s a good reason why. The state is known as the 2nd most diverse state in the nation. In fact, there are 145 different languages spoken in Houston alone. If you’re considering jumping on the bandwagon, we’ve broken down a couple factors worth knowing before you make your big move. Not only is Texas the 2nd most diverse state, but it’s also the 2nd largest. It’s rich with deserts, mountains, forest, ranchland, and the coastline, coupled with an 850-mile interstate route that makes traveling a breeze. When it comes to choosing between the major cities of Houston, San Antonio, and Dallas, you’ll have no trouble finding a plethora of history, culture, and entertainment. Austin has been a hot spot lately - especially for young professionals.

New residents take advantage of the fact that taxes are meager, the land is cheaper, and so are properties (for now). There is no income or property tax. However, there is a sales tax of 6.25%, and local taxes boost 8.25% in most cities. This is still on the lower side compared to New York, Hawaii, and Maine. On top of that, but Forbes recently called out Austin as the next Silicon Valley. A few massive companies have made Texas their home base, which means you’re very likely to find some options - whether you’re an employee or entrepreneur. If you’re thinking of moving, keep Texas on your radar - as long as you can stand the heat!

A WATERFRONT OASIS IN DELAWARE! 121 SEAWINDS DR., DAGSBORO, DE 5 BED | 2.5 BATH | $649,000 This is more than a home; it’s a haven! This spacious and charming coastal home is your beach retreat featuring the best the Delaware shore has to offer starting with the panoramic view of navigable Stump Creek and Indian River Bay. This peaceful view is on display from nearly every vantage point whether inside or outside. This home is made for entertainment. Jump into the new swimming pool, which is easily accessible due to the large surrounding deck. Let your guests take in the sun while hosting from the pool deck Tiki bar. When it’s time to feed the crowd, the outdoor kitchen space is the ideal place to barbecue. On cooler evenings, move the party to the patio to warm up around the outside fireplace. If you’ve had a tough day, let the tension escape by jumping into the hot tub. For your daily living, the home boasts 5 bedrooms and 2.5 baths. Skylights provide natural light into the family room and dining areas. The first-floor owners’ suite has a large walk-in closet, en-suite bathroom with walk-in shower, vanity, and sunken tub. From the owners’ suite, step directly out onto the screenedin porch and take in the fresh air. The main living area is an open floor plan that includes a spacious living area, kitchen with tons of storage cabinets, prep space, and stainless steel appliances, and a sun-filled morning room, perfect for your morning coffee. For those who spend a portion of their time working remotely, as needed ever so more these days, this home also has a private home office located on the main level. If you like to be on the water, there is plenty of storage for your kayaks, canoes, or other water toys behind your on-property storage shed. This property is also ideal for gardeners with ample space for a flower or vegetable garden. No need to worry about watering the garden. This property has an irrigation system with its own well. In addition, there is an oversized two-car garage with an additional hook-up for a second set of washers/dryers and an extended driveway for 4-6 additional vehicles. Seawinds is a hidden gem, water-access community. There is a community pier for crabbing, fishing, and you can even rent a boat slip. If all of that isn’t enough to fill your time, take the short drive to restaurants, shopping, and Bethany Beach.

RICH MEADOWS m: 240.499.6532 o: 302.360.0300 richmeadows@kw.com richmeadows.kw.com 39682 Sunrise Court Bethany Beach, DE 19930

YOUR NEW LIFE STARTS HERE

Hunt Country Estate 104 acres

$4,900,000

Bluemont – Stunning three story manor house includes an elevator, soaring ceilings, magnificent millwork, gleaming wood floors and extraordinary architectural detail. Property includes acres of woodlands and gently rolling countryside, charming guest house, apartment over the 4 bay garage, new 5 stall stable. Board fenced paddocks and run-in sheds. One of the finest country estates in all of northern Virginia.

Middleburg Estate 10 acres

$4,500,000

Spectacular custom residence offers the utmost in a luxurious country lifestyle. Completely rebuilt in 2016 from the foundation to the roof, this 11,736 sq. ft. home is a masterpiece of quality & design. Five spacious bedrooms, en suite baths, 2 garages for 6 cars, a fabulous 3 stall stable with Wi-Fi plus video surveillance cameras, are all featured. Brilliant gardens, lush pastures & breathtaking views create an incredible storybook setting.

Jim McGowan 703-927-0233

Mary Ann McGowan 540-687-5523

Brian McGowan 703-927-4070

Licensed in the Commonwealth of Virginia

Opening the door to horse country for generations 36

Offers subject to errors, omissions, change of price or withdrawal without notice. Information contained herein is deemed reliable, but is not so warranted nor is it otherwise guaranteed. 06-03_DistHome_McGowans-FP.indd 1

5/27/21 2:36 PM

TRISH DUNN | Annapolis and the Eastern Shore Await! WELCOME HOME TO LUXURY! 5 PARK PLACE UNIT 117, ANNAPOLIS, MD 21401 OFFERED FOR $929,000

Located in the heart of DT Annapolis, this stunning condominium offers one of only 8 balconies in the Park Place complex! Open the doors to a gorgeous view of the military memorial and relax in the morning as you sip your coffee or watch the evening sunset with cocktails. This unit is over 1400 sq ft and boasts 2 bedrooms, 2 full baths, gourmet kitchen, pristine hardwood flooring, deeded parking and so much more! Park Place is truly one of a kind in Annapolis...steps from shopping, fine dining, the Naval Academy and the Chesapeake Bay...life is fun in Annapolis!

Anne Arundel County Real Estate Marketing activity this past week:

249

NEW LISTINGS

289

NEW PENDING

203

NEW CLOSINGS

Trish Dunn, Specializing in Luxury Listings and Sales Annapolis Fine Homes Christie’s International 443-995-5375 | trishdunnrealestate@gmail.com Top 100 Balt/Annapolis/Eastern Shore Region • Masters Club • International Presidents Club • Luxury Alliance Agent • Certified Negotiation Specialist • Licensed Lender NMLS 206135

Sales, Lending, and Real Estate Experience Matters.

LI NE ST W IN G !

CARRIAGE INN CIRCA 1840 CHARLES TOWN WV GREAT ESTABLISHED BUSINESS OPPORTUNITY | COMFORTABLE & BEAUTIFUL PRIVATE RESIDENCE

SEPARATE 2BR CARRIAGE HOUSE

417 E WASHINGTON ST, CHARLES TOWN, WV 25414 9 BED | 8.5 BATH | OFFERED FOR $875,000 The Carriage Inn, Charles Town, West Virginia, Circa 1840 Steeped in Colonial and Civil War History Sited on a one acre lot surrounded by ancient trees; a two building property. The main brick house with 7 bedrooms (includes two bedroom suites, whirl pool tub), 7 private baths, 7 fireplaces, 12 foot ceilings, wood floors, wonderful furnishings included in the sale, chandeliers; luxurious amenities. There is a separate brick carriage house with 2 bedrooms, living room spa bath (good for mother-in-law) fireplace. Shining and sparkling, beautifully decorated, cleaner than clean, gracious, elegant, immaculate and tasteful. HIGH SPEED INTERNET WORK FROM HOME. TURNKEY This exceptional bed and breakfast earns excellent traveler ratings and heavy bookings. All business assets are included in the sale of the property. Great in-town location. Great value. WVJF 142324

CAROLYN SNYDER, BROKER Licensed in WV, VA, & PA m: 304.283.1537 o: 304.267.1050 cmspb1@aol.com SnyderBailey.com 38

VIEW TOUR:

SNYDERBAILEY.COM

SNYDER BAILEY & ASSOCIATES The Best People, The Best Properties For Over 30+ Years

Room To Breathe

The Orchard

White Oak Farm

93+ acres

$3,800,000

Middleburg – The farm is discretely situated in the western corner of Loudoun County - between Middleburg and Upperville with 180-degree sweeping views of the Blue Ridge Mountains. The 5,900 sq ft 5 BR / 5.5 BA main house includes a swimming pool with pool house, a 2 BR / 1 BA stone tenant house and a 6-stall stable with tack room, feed room and wash stall. The fields are fenced into large paddocks and there are 2 spring fed ponds.

Cricket Bedford | 540-229-3201 |

4.82 acres

$1,850,000

Middleburg – 1st time offering one of the largest residential parcels available “in town!” Brick home built by local master builder WJ Hanback. 3/4 BRs, 3 full BAs, eat-in kitchen, combo living/dining room with two large bay windows overlooking terrace, sweeping lawns & large pond. Gorgeous details include spiral staircase, built-ins, hardwood floors and fireplaces. Fully finished LL. Fenced garden, extensive landscaping and mature trees. Licensed in the Commonwealth of Virginia

THOMAS & TALBOT ESTATE PROPERTIES Opening the door to Hunt Country for generations 2 South Madison Street | PO Box 500 | Middleburg, VA 20118 | Office: 540-687-6500 | Fax: 540-687-8899 | thomasandtalbot.com Offers subject to errors, omissions, change of price or withdrawal without notice. Information contained herein is deemed reliable, but is not so warranted nor is it otherwise guaranteed.

06-03_DistHome_Cricket-FP copy.indd 1

39 5/25/21 11:29 AM

OCEANFRONT MASTERPIECE WITH PANORAMIC VIEWS | 4 OCEAN DRIVE | NORTH SHORES This oceanfront masterpiece is situated in the prestigious community of North Shores and boasts exquisite panoramic ocean views at every turn, expansive decks on each level and access to a tranquil private beach. The epitome of luxury, this sprawling 7,100 square foot property offers 10 bedrooms and 8 full baths spread over 4 levels, all while being easily accessible by elevator. There is ample room for guests, while the uppermost level is the owners place to retreat and unwind. Two master suites offer breathtaking views of the Atlantic Ocean, private decks to take in the breeze and spa-like baths with soaking jacuzzi tubs and showers. The master suites are flanked by a light filled and open sitting room with wet bar and stairs leading to a rooftop deck offering spectacular views. Being sold turn-key, this elegant property is ready to become your summer retreat! $9,250,000

RARELY AVAILABLE BAYFRONT HOME WITH BREATHTAKING VIEWS | CAPE SHORES | LEWES Rarely available Lewes bayfront opportunity with unparalleled views of the Delaware Bay. While originally built in 1999, this stunning residence was completely renovated in 2018 by the current owners at which time absolutely no detail was overlooked. Coastal chic describes this exquisite home featuring 6 bedrooms, 5.5 baths, +/- 6,000 sf. The main level (2nd) is stunning and features a wall of floor to ceiling windows that lead to the open water views. The gourmet kitchen is complete with commercial grade appliances by Wolfe and Subzero, an oversized quartz island and more. The 3rd level offers an amazing bayfront primary master suite with spacious walk-in closet and spa-like bath with soaking tub. Additional features include multiple decks and balconies, elevator, outdoor shower, private beach walk, beautiful landscaping and so much more! $4,650,000

RBRE.COM

246 Rehoboth Avenue Rehoboth Beach, DE 19971 302-226-6417 (direct) 302-227-3883 (main)

#1 Waterfront Team Since 1994 $100+ MILLION SOLD in 2020 Severn River Waterfront Osprey Point Estate Offered at $4,195,000

Severn River Waterfront Nantucket on the Severn Offered at $2,495,000

Severn River Waterfront Arden on the Severn Offered at $895,000

Magothy River Waterfront Panoramic Views Offered at $695,000

Back Creek Waterfront King James Landing Condo Offered at $580,000

Charlie Buckley, Associate Broker Joe Bray, Reid Buckley and Steven Arcé, Licensed Realtors

Meet with a Waterfront Specialist: 410-266-6880

WaterfrontHomes.org

320 Sixth Street, Annapolis MD 21403 | BOM: 410.260.2800 |

IG: MrWaterfrontTeam

THE #1 RE/MAX TEAM IN RE/MAX REALTY GROUP 317 Rehoboth Ave. Rehoboth Beach, DE

NEW CONSTRUCTION - SOUTH REHOBOTH

DELAWARE! vi si t

w w w.D ebbieR eed.co m

HORSE PASTURES IN GEORGETOWN

NEW CONSTRUCTION - LEWES

Just a block to the Atlantic Ocean and so close to all things Rehoboth, this new 4BR/3.5BA to be built pool home will delight family and friends or will be a wonderful rental property. South Reho; $2,695,000.(MLS DESU175316)

4BR/3.5BA coastal farmhouse on a 3+ acre lot. In-ground pool, pasture fields for horses, and a detached garage used for studio/office. Perfect for the equestrian or hobbyist and ideal for a work-from-home professional! Georgetown; $625,000. (MLS DESU181422)

31 unit townhome community built by Evergreene Homes. Located on Nassau Road next to LewesGeorgetown bike trail with easy access to beaches, Cape Henlopen State Park, restaurants and shops. Community pool. Lewes; starting at $335,900. (MLS DESU168796)

LUXURY ON THE BOARDWALK - SOUTH REHO

14.5 ACRE BAYFRONT PARCEL - LEWES

EAST OF ROUTE ONE - REHO

One-of-a-Kind 4BR/4.5BA condo encompassing entire 2nd floor. Stunning views fronting the boardwalk and ocean. Large covered wraparound balcony. Gourmet kitchen and ensuite bedrooms. Private entrance by elevator. Rehoboth; $4,400,000.(MLS DESU174448)

Endless possibilities! Bay front 14.5 acre parcel with tremendous views across the mouth of Love Creek. Featuring privacy, elbowroom, and views of nature. Community dock. Mulberry Knoll, Lewes; $289,000.(MLS DESU149542)

5BR/3BA sold furnished. Open floorplan, hardwood floors, granite counters, SS appliances, 3 season room, patio and outdoor shower. Bike to the beach! Woods at Seaside, Rehoboth; $569,000.(MLS DESU180054)

11.66 ACRE WOODED PARCEL - GEORGETOWN

OCEAN BLOCK IN NORTH REHO

UNIMPROVED LOT EAST OF ROUTE 1 REHO

Multi-use land opportunity on heavily traveled and centrally located Route 9. Approx. 4 acres in the front is zoned C-1 with the remaining acreage zoned AR-1. So many options for the savvy buyer. Georgetown; $495,000. (MLS DESU180210) 42

Ocean block home located on one of the most desired streets & just a few houses away from one of the best beaches in town. 5+ BR, 3 full & 2 half BA, enclosed front & side porch & rear deck overlooking the private back yard. North Reho; $2,295,000. (MLS DESU182326)

Large open lot in West Rehoboth. Close to Junction Breakwater Bike Trail. Easy bike/walk to downtown Rehoboth and Revelation Micro Brewery. Don’t miss this opportunity to purchase an affordable building lot this close to the beach! Rehoboth; $525,000. (MLS DESU181522)

DIRECT 302.227.3818 | MAIN 302.227.4800 | INFO@DEBBIEREED.COM

YEARS

MCWBHOME.C OM 202.280.2396

Featured Listing Kevin O. Ward

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202.247.0521 KWard@MCWB.COM

725 EUCLID STREET NW RESIDENCE #1 PLEASANT PLAINS, WDC 2-Bedrooms | 2-Bathrooms 989 Square Feet | 2 Private Patios Private 1-Car Parking Space Quartz Counters | 10’ Ceilings Integrated Home System Low HOA Fees

PRICED AT $672,900 In the historic neighborhood of Pleasant Plains, nestled between Columbia Heights and Shaw, 725 Euclid Street, NW #1 is urban living at its best. This stunning condo features a designer layout, a gourmet kitchen with quartz countertops and backsplash, Kitchen-Aid appliances, custom closets, two owner-exclusive patios, and a private/secure one-car parking space.

GET IN TOUCH TODAY

KEVIN MCDUFFIE | MANAGING BROKER | 202.439.2435 | kmcduffie@mcwb.com

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As Managing Broker of the resale division of McWilliams Ballard, We’er excited to offer an amazing experience for our clients. This is achieved with major attention to detail and a sophisticated unique suite of services exclusive to McWilliams Ballard agents. Learn more about our data research, marketing and advertising opportunities. Join the team, contact me.

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District Home Magazine | Spring II 2021

Articles inside

The Debbie Reed Team

Bryce Lingo & Shaun Tull

Going Permanently Remote

The Housing Market Per State

Thomas and Talbot Real Estate

Lighthouse Full Moon Climb

Keller Williams Realty

Long & Foster | Christie’s International

Compass

Dennesse Guadaloupe

Local Link - Muchas Gracias

Ways to Stage Your Home

Compass

Dedar Milano