Living
To buy or not?
The rental market has gotten increasingly competitive as people wait out the economy

The decision to rent or buy a home is a highly personal one. It includes many factors such as the status of your savings (or access to gift funds from a family member or friend), preference for housing location, job stability or expected length of residency in your geographic location as well as many others.
Here in the Washington area, we are blessed with a relatively stable economy and housing market. While we see shifts and changes in the market at times, the market has been mostly consistent compared to other cities around the country and it has progressed without major declines.
This can be attributed to a wealth of federal jobs, which provide steady incomes and strong job security, as well as an extremely high percentage of residents with college degrees, which in most cases translates to higher incomes.Ā According to CNN Money, D.C. workers enjoyed the highest salaries of any major U.S. city in 2010 with a median household income of $85,198. Additionally, there is a constant transition in Washington with many people moving in and out of the area each year from other towns and cities.Ā All these factors combine to sustain a healthy housing market, even in the midst of national economic problems.
Generally speaking, if you are planning to live in a certain location for around five years or more and you have a stable income, you should consider making a home purchase.Ā Right now interest rates are at a historic low making money ācheapā and allowing for lower monthly payments than in recent years. Also, being a homeowner saves you money in taxes, which can be enjoyed on your total tax bill or can be adjusted for each paycheck based on your deductions. If you live within the District of Columbia, first time buyers also qualify for a $5,000 tax credit which comes off your total tax bill, allowing for an additional savings to the general homeowner savings.
Rents are also on the rise in our area, making buying a home an even more attractive prospect. Since more would-be first time homebuyers are āwaiting outā the economy and housing market problems, the rental market has become saturated, making it more expensive and more difficult to find a rental. As a test case, I looked at one-bedroom rentals in Dupont Circle that have rented in the past 90 days.Ā In that time, nine properties have rented ā each of them in 15 days or less for an average of six days on market. Four of the nine even rented within the first day.
The prices for these properties ranged from $1,800 to $3,050, with an average rent of $2,450. All of them except for the most expensive of the bunch rented for full list price.Ā In previous years when the rental market was not as strong, renters had more flexibility in negotiating for a lower price and often were not competing with multiple applications.Ā Today, most properties see multiple rental applications, allowing landlord to be more selective and causing more difficulty for renters, especially those who have pets or do not have perfect credit.
Conversely, purchasers are still getting great deals on home purchases and as mentioned previously, have the opportunity to buy with the lowest interest rates in history. While we are starting to see some multiple contract situations and even some escalation clauses for home purchasers, these are still not the norm and buyers can still find good properties at good prices.
For example, a recent client purchased a one bedroom/one-and-a-half bath condo in excellent condition in the Kalorama Triangle neighborhood of D.C. for $399,900. Using an FHA loan, they were able to put down 3.5 percent and now have a monthly payment (including the condo fee) of roughly $2,350 ā $100 less than the average rental in that area. The monthly savings would be even more significant if they were to do a conventional loan with 20 percent down. When you add in the $5,000 first time homebuyer credit plus about a $350 per month in tax savings just for owning a home, this is a great investment.
If you are debating whether to rent a home or to purchase one, it is always a good idea to talk to both a real estate agent and a lender to review all the options and see what makes the most sense for your personal and financial situations at the given time.Ā If you have any questions about the article or the housing market in general, please donāt hesitate to contact me ā I am always happy to help.
Sue Goodhart is the top-producing agent at McEnearney Associates in Alexandria and is licensed in D.C., Maryland and Virginia. She can be reached at 202-507-7800 or sue@suegoodhart.com.
Real Estate
April showers bring May flowers in life ā and in real estate
Third timeās the charm for buyer plagued with problems

Working in the real estate sector in D.C. can be as uniquely āD.C.ā as the residents feel about their own city. On any given day, someone could be selling a home that their grandmother bought, passed on to the relatives, and the transfer of generational wealth continues.Ā In that same transaction, the beginning steps of building of generational wealth could be taking place.
Across town, an international buyer could be looking for a condo with very specific characteristics that remind them of the way things are āback home.ā Maybe they want to live in a building with a pool because they grew up by the sea. Maybe they want a large kitchen so they can cook grandmaās recipes. Maybe they will be on MSNBC once a month and need to have a home office fit for those Zoom sessions where they will be live on air, or recording their podcast.Ā Perhaps they play the saxophone and want a building with thick walls so they can make a joyful noise without causing their neighbors to file a cease-and-desist order. Ā
What I found fascinating was getting to know my buyers. Why were they purchasing their property? What did they want to do with it? Was this their grandmotherās dream that they would have a place of their own someday? Did they finally think they would write that award-winning play in the home office? What dreams were going to be fulfilled while taking part in this transaction?
Somedays, the muck and paperwork slog of navigating home inspection items and financing checklists could get to be distracting at best, and almost downright disheartening at worst.
One of my clients was under contract on THREE places before we finally closed on a home. One building was discovered to have financing issues, and the residents were not keeping up with their condo fees. Another building had an issue with the title to the unit, which meant the seller could not sell the home for at least another year until that legal snag was resolved. As the months rolled by, she was losing heart and feeling defeated. When we finally found the third home, everything seemed great – and then about two weeks before the settlement, the rains came down and the windows leaked into the bedrooms.
Another delay. (Our THIRD). This time, for several more weeks.
I think she wanted to pack a suitcase, go to the airport, get on a plane somewhere and never come back. What ultimately happened? The building repaired the windows, the sellerās insurance replaced the hardwood floors, and she bought her first condo, which she still enjoys to this day.
As Dolly Parton says, āIf you want the rainbow, youāve got to put up with a little rain.ā And finally, after months of looking, waiting, and overcoming obstacles, the rainbow peeked out from behind the clouds.
Joseph Hudson is a referral agent with Metro Referrals.Ā He can be reached at 703-587-0597 orĀ [email protected].
Autos
Sporty sedans: BMW 530i xDrive, Mercedes AMG CLA 3
Tariffs are here and the result is financial chaos

Itās official: Tariffs are here, and the result is financial chaos.
So, what to do when purchasing a new vehicle? If you need one in the not-so-distant future, buy sooner (like yesterday) rather than later. Expect prices to rise quickly, as inventory dwindles, demand soars, and automaker incentives evaporate. Of course, if a new ride isnāt a priority for at least a year or three, then hold off until the dust settles.
But for those of you looking for new wheels now, I recently drove two sport sedans that were a pleasant reprieve from the usual plethora of pickups, minivans, and SUVs.
BMW 530i xDRIVE
$63,000
MPG: 28 city/35 highway
0 to 60 mph: 5.5 seconds
Cargo space: 18.4 cu. ft.
PROS: Rakish looks. Race-car vibe. Rock-star amenities.
CONS: Rad-but-quirky infotainment system. Rich price.
IN A NUTSHELL: Classic good looks, from the iconic grille and swept-back headlights to chiseled side panels and a tasteful tush. For a gearhead like me, the BMW 530i xDrive ā completely redesigned last year ā is as rapturous as Michelangeloās David. Everything here is in proportion, from the design to the drivetrain, which ā along with a gutsy 255-hp turbo and all-wheel drive ā helps deliver a divine experience behind the wheel. Even better, my test car came equipped with the heavenly M-Sport Package: 21-inch wheels, athletic suspension, and assorted styling upgrades.
A tech-laden cabin is outfitted with a sparkly 12.3-inch digital instrument cluster and 14.9-inch touchscreen infotainment system. With the windshield head-up display and a slew of knobs and toggle switches in the center console and on the steering wheel, I wondered if this is how it feels to pilot the Space Shuttle. There is even a back-lit interaction bar with touch-sensitive controls to adjust vent direction and other climate control settings.
All this gadgetry takes some getting used to, but the overall effect is dazzling. While a 12-speaker Harman Kardon stereo comes standard, I was jamminā to the 16-speaker Bowers & Wilkins premium audio. Of course, such options add up quickly (on my test car, the extras totaled $13,000).
Just how fun is this car? In my favorite episode of āHacks,ā sassy Jean Smart drives a rockinā Rolls Royce Wraith. Trust me, this four-door BMW is every bit the badass as that $300,000 super coupe.
MERCEDES AMG CLA 35

$58,000
MPG: 22 city/29 highway
0 to 60 mph: 4.8 seconds
Cargo space: 11.6 cu. ft.
PROS: Slick styling. Spiffy cabin. Sublime seats.
CONS: Smallish trunk. So-so rear headroom and legroom.
IN A NUTSHELL: Need a smaller sedan thatās just as marvy as the midsize BMW i530? Look no further than the compact Mercedes CLA-Class, which is 14 inches shorter. Thatās a benefit when jockeying for parking or navigating rush hour.
Another plus: This is Mercedesās least expensive sedan, available in three trim levels. All come with the same potent turbo but in varying power levels. The base model starts at $46,000, but I tested the first of two high-performance versions: the AMG CLA 35, which costs $12,000 more. You can open your wallet even further to snag the $67,000 AMG CLA 45.
But why bother? The AMG CLA 35 is plenty quick ā faster than the BMW i530 ā and boasts sport-tuned brakes, deft handling and a gritty-sounding exhaust system. The laundry list of standard features includes all-wheel drive, automated parking, gobs of the latest safety gizmos and even something called āsafe-exit assist,ā which prevents passengers from opening a door into traffic or speeding cyclists.
The interior is pure Mercedes, with top-notch materials, customizable ambient lighting and Burmester surround-sound audio. The overall layoutāsleek and modern, but with elegant stitching in the seats and on the door panels and dashboardāis comfortable and user-friendly. Digital displays and touchscreens are similar to whatās in the BMW i530, just smaller.
Size matters, of course, which is why this vehicleās shorter length can be a blessing but also a curse, especially when trying to squeeze passengers with longer legs into the backseats. And the dramatically sloped roofline, attractive from the outside, limits the amount of rear headroom and cargo space. Thank the automotive gods for panoramic sunroofs, whichāat least for anyone in the front seatsāmakes this cabin feel surprisingly spacious.
Real Estate
Spring updates to sell your home for pride and profit
Consider new landscaping, power washing, creative staging

Selling a home is a big deal for anyone, but for members of the LGBTQ+ community, it comes with unique considerationsāfrom finding affirming professionals to ensuring your home is represented in a way that reflects your values. Whether youāre a first-time gay home seller or a seasoned LGBTQ+ homeowner looking to move up, maximizing your homeās value is key to a successful and empowering sale.
Hereās how to prepare your home, your mindset, and your real estate strategy to get the most valueāfinancially and emotionallyāfrom your home sale.
1. Start with an LGBTQ+-Friendly Real Estate Agent
Before diving into renovations or staging, make sure your agent truly understands your needs. A gay-friendly or LGBTQ+-affirming real estate agent brings more than just market expertiseāthey bring cultural competence, safety awareness, and a network that supports you throughout the selling process.
At GayRealEstate.com, you can find experienced, vetted LGBTQ+ real estate agents who have been proudly serving the community for over 30 years. Working with someone who shares or supports your identity ensures your selling journey is respectful, inclusive, and effective.
2. Enhance Curb AppealāWith a Welcoming Vibe
The outside of your home is the first impression a potential buyer gets. Make it countāespecially for LGBTQ+ buyers looking for a home that feels safe and welcoming.
- Fresh landscaping: Add colorful flowers, neatly trimmed shrubs, or low-maintenance greenery to appeal to eco-conscious buyers.
- Update the entrance: A new front door, stylish lighting, or even a rainbow doormat can make your home feel like a safe space from the start.
- Clean and repair: Power wash the exterior, touch up paint, and make any necessary repairs to gutters, windows, or siding.
3. Stage with Intention and Inclusivity
Home staging can add thousands to your sale price. But beyond the usual decluttering and neutral palettes, think about how your space tells a storyāand who itās telling it to.
- Create a warm, inclusive feel: Subtle touches like LGBTQ+ art, books, or even coffee table magazines can show off your personality and affirm the space for queer buyers.
- Depersonalizeābut donāt erase: You donāt need to hide your identity to appeal to buyers. Let your home feel lived in and lovedāwhile still being a blank canvas others can imagine themselves in.
- Highlight multi-use areas: Home offices, gender-neutral nurseries, or flex spaces resonate with LGBTQ+ families and professionals.
4. Update Kitchens and Bathrooms Strategically
These rooms matter most to buyersāand even small updates can yield big returns.
- Kitchen: New cabinet hardware, a fresh backsplash, and modern lighting can elevate the entire room without a full remodel.
- Bathroom: Replace old fixtures, re-caulk tubs and sinks, and add plush towels and inclusive dƩcor.
- Energy-efficient upgrades: Touchless faucets, smart appliances, or low-flow toilets are not only trendyāthey signal sustainability, which matters to LGBTQ+ buyers.
5. Make Your Home More Energy Efficient
LGBTQ+ homebuyers often prioritize sustainability. These updates not only reduce energy bills but make your home more marketable.
- Install a smart thermostat (like Nest or Ecobee)
- Upgrade insulation or windows
- Consider solar panels (especially in sun-drenched regions like California or Florida)
Bonus: You may qualify for state or federal tax credits, which can be a great selling point.
6. Know and Advocate for LGBTQ+ Housing Rights
Although housing discrimination is illegal under the Fair Housing Act, it still happens. As an LGBTQ+ seller, be aware of your rightsāand those of potential buyers.
- Avoid steering or bias: Even with good intentions, make sure youāre not inadvertently influencing who views or buys your home based on identity.
- Work with affirming professionals: From inspectors to lenders, choose partners who support inclusive practices.
- Report discrimination: If you or a buyer encounters bias, report it to HUD or your local housing authority.
7. Price Your Home Rightāand Market It Smartly
Setting the right price is essential to maximizing value. Your LGBTQ+-friendly agent can run a comparative market analysis, considering current trends and buyer demographics.
- Leverage LGBTQ+ real estate networks: Promote your home through platforms like GayRealEstate.com to reach an audience that understands and values your space.
- Use inclusive language in listings: Avoid gendered terms or heteronormative assumptions. Instead of “his and hers closets,” use “dual walk-ins” or “double closets.”
- High-quality photos and video tours: Showcase your home with professional, visually inclusive marketing that appeals to diverse buyers.
8. Consider Timing and Local LGBTQ+ Trends
Selling during WorldPride or just before local LGBTQ+ events may boost visibility. Also consider if you’re in or near an LGBTQ+ friendly city or neighborhood.
Not sure which areas are top destinations? GayRelocation.com tracks and shares the best cities for LGBTQ+ homebuyers, helping you tap into motivated buyers.
Final Thought: Sell with Confidenceāand Community
Selling your home isnāt just about getting top dollarāitās about closing a chapter with pride and integrity. When you center your values, work with LGBTQ+ affirming experts, and prepare your home with purpose, youāre not just maximizing your homeās valueāyouāre creating an empowering experience for yourself and the next owner.
Whether you’re buying, selling, or bothāGayRealEstate.com is your trusted partner in every step of your journey. With a nationwide network of gay and lesbian realtors, decades of experience, and deep community ties, we ensure your home transition is safe, smart, and full of pride.
GayRealEstate.com is the nationās leading online platform connecting LGBTQ+ home buyers and sellers with LGBTQ+ friendly real estate agents, ensuring a safe and supportive experience.
Scott Helms is president of GayRealEstate.com. To find an agent or learn more, visitĀ GayRealEstate.com, GayRelocation.com or call 1-888-420-MOVE.
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