Tagged : demographics

Found 177 blog entries tagged as "demographics".

 berkley - washington dc

Home prices are on the rise in the DC area, as more neighborhoods pass the million-dollar mark. Consistently you’ll find around 10 or so million-dollar neighborhoods in DC, where homes all average prices above $1 million.

Some neighborhoods are even higher than that. Last year the Spring Valley neighborhood had a median sale price of around $1.8 million, a big jump over last year. Large homes are the norm in this neighborhood of politicians, media personalities and Washington elite.

The Berkley neighborhood also topped the list for 2019 with a median sale price topping $1.6 million. Nearly surrounded by parkland, the affluent neighborhood is also one of the most exclusive.

Other million-dollar neighborhoods in DC include Kent, Georgetown,

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working from home in arlington vaPhoto: Citrix Online

While it sits close enough to DC for commuters, it seems many people in Arlington are able to work without even leaving home. The personal finance website SmartAsset just came out with a list of the “Best Cities to Work From Home”, and Arlington is near the top of the list. Analysts at SmartAsset compared the nation’s 100 largest cities to come up with the new list for 2020. They considered things like the percentage of people living in a city that already work from home, the unemployment rate, housing costs and more.

Arlington came in at number three on the list behind Scottsdale, Arizona and Denver. In particular, the website pointed out Arlington’s low rate of unemployment and its low poverty rate.  When compared to other

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duke ellington - washington dc

Rich with places to see and experience, unsurprisingly DC is tops with when it comes to many travelers. Now, though, it seems DC is getting a big nod from one of the world’s largest publications.

The New York Times just came out with its list of the top 52 places to visit in 2020, and DC came in at number one. The Times goes beyond the typical attractions, like the White House and area monuments, instead focusing on some of the specific reasons why a trip to DC this year makes sense.

Many travelers already know that Washington DC is full of free museums. This year, in particular, is a good year to visit because it marks the 100th anniversary of the year women secured the right to vote. Expect special exhibits marking the occasion at places like

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national landing

Competition is stiff when it comes to DC real estate, especially in such locations as Alexandria and Arlington. Both were recently named among the nation’s “most competitive” cities for housing markets.

The ranking comes from Redfin. The real estate site used its Redfin Compete Score to rate the level of difficulty buyers experience in finding a home based on things like the number of competing offers and on waived contingencies.

The compete score also takes into account how fast homes go under contract and how much homes sell above list price. Both Arlington and Alexandria received an RCS score of 96, meaning buyers face the highest level of competition in the nation. The two cities tied with Grand Rapids, Michigan.

As for Arlington and

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arlington most handsome city in americaGraphic: Grooming Lounge

It’s already known as a great place to live, but Arlington now has something else to brag about. A new study by a DC-based men’s grooming company just declared Arlington the nation’s most handsome city.

The ranking comes from Grooming Lounge. While ranking one location as more handsome than another may appear to be purely subjective, the company says it dug deeper to measure the male population’s commitment to looking good.

The company says it took into account how much men living in the area shelled out for their shaving needs, including personal-care products and services. Researchers broke it down into how much each man spends individually on grooming and on apparel.

While Scottsdale, Arizona men actually spent the

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 dc metroPhoto: Daniel Lobo

DC’s population is on the rise, so much so that the region faces a potential housing shortage in the future. According to at least one new report, DC needs around 374,000 new homes just to keep up with the expected demand.

Much of the concern has to do with the availability of affordable housing in the near future. In Arlington, in particular, data from the Urban Institute suggests Arlington needs thousands of additional housing units that rent for less than $800 a month.

On the flip side, the area currently has more housing than needed in terms of high rent units. The study recommends area leaders focus on allowing the construction of more multi-family projects on current single-family zoned properties.

A previously

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Old Town Alexandria VAPhoto: Kevin Harber

It may be close to DC, but Alexandria enjoys a strong reputation all its own. From its historic district to its waterfront, there’s always something to see and explore in this unforgettable city.

It’s likely for all of these reasons and more Alexandria just nabbed one of the top spots for small U.S. cities. The new ranking comes from the new Conde Nast Traveler Readers’ Choice Awards.

More than a half million readers around the world rated their own travel experiences, helping to put Alexandria in the number three spot for small U.S. cities. The publication pointed out the city’s location, sitting just across the Potomac from the U.S. capital.

It also mentioned the red brick sidewalks of Old Town, 18th and 19th century

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 arlington va

Arlington’s population is growing, and as it grows it is only getting wealthier. According to recently released U.S. Census data, Arlington’s population grew about 14-percent from 2010 to 2018.

That’s considerably higher than other locations across the state and the nation. The statewide population increase totaled about 6.5-percent, while the national population rose about six percent during the same time span.

As of July 2018, the federal government estimates more than 237,000 residents live in Arlington. With a boost of around 2,500 residents, that’s about one-percent higher than the previous year. Census data suggests Arlington County’s population rose by about 4,900 people between 2016 and 2017.

The population isn’t the only thing on

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vio at the wharf - washington dc

DC’s multifamily condo market is booming as developers aim to lure current renters with a surge of new for-sale options. Until recently developers had favored the rental market, but that trend could be changing.

In particular, some real estate experts say they’ve seen an uptick in condo demand since the Amazon HQ2 announcement. Some estimates predict around 1,700 new condo units will begin sales this year.

This includes nearly a dozen new condo developments with at least 50 units launching sales. That’s the most large-scale projects in a single year to hit the market in about a decade.

Many of the large-scale condo projects are coming to areas that have already experienced a wave of apartment construction, including NoMa and the Capitol

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dc millennials

 If you’re single, that’s one more good reason to consider making a move to the DC area. DC and Arlington were both recently named top cities for singles.  The findings come from Apartmentlist.com. Last Valentine’s Day the website ranked the best and worst cities for dating, putting both cities near the top.

The list put the most weight on one particular category. That category measured how satisfied singles are with dating opportunities in their city. The study also took into account satisfaction with a city’s social life and dating affordability. For that particular category, analysts looked at the average price it costs for two people to go out to dinner and to a movie. Then they compared the cost to median earnings of singles in the area.

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