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SPRING HOME & GARDEN 2020: Navigating D.C.’s housing market in COVID era

Coronavirus impacting cities in different ways

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real estate covid, gay news, Washington Blade
real estate covid, gay news, Washington Blade
(Photo by Carol Highsmith for the National Park Service)

The cherry blossom trees are beginning to bloom and the weather is warming up in the Washington, D.C. metropolitan area. Springtime is generally the time D.C.’s housing market hits a high. How will COVID-19, more commonly known as coronavirus, affect the market?

The two main concerns Americans have right now are health and the economy. Schools are closed and places of business have shut their doors and many may never reopen. But what does that really mean for the housing market? And although a recession would have catastrophic consequences for our economy, historically speaking the housing market isn’t closely aligned with the ebbs and flows of the stock market, not including the housing market crash of 2008, which was unlike our current predicament. The 2008 recession was led by real estate that lasted 18 months. Although we are likely in a recession right now, it is too early to see what kind of effect it will have on home prices.

D.C. market stronger than other cities

It is looking like the greater metropolitan D.C. area may get through this pandemic in better shape than many other areas of the country due to our unique local economy. Local Realtors are reporting requests for showings and listings. This is most likely due to the housing shortage D.C. is facing. D.C. has faced a shortage of housing for years. The people in this area are in need of housing and the coronavirus is not eliminating that demand. The lack of inventory is the reason D.C.-area homes are expensive and coming into spring 2020, many expected record sales prices throughout the region.

This housing shortage isn’t expected to go away anytime soon, even with our current pandemic. The nation’s capital and its contracted companies alone employ thousands of people, many essential with work-from-home capacity. Because of the federal government and internet-based companies in the D.C. area, when the stock market falls it doesn’t hit quite as hard in D.C. According to Clint Mann, Urban Pace’s president of sales and marketing, new home sales are trending to beat projections. Just last weekend, eNvy, a new condo development in the city’s Ballpark District, received more interested buyers than it has in all of 2020. This may be due to a younger population interested in purchasing a condominium and their belief they will not get sick from the virus. Regardless of our current situation, this is not a city where people are rushing to get out. In fact, it is quite the opposite. People are trying to get into the D.C. greater metropolitan area.

Should I enter the market?

We have known D.C. to be a seller’s market for quite some time. Will it continue to be? That is impossible to predict at this uncertain time, but there is a chance that it will continue. Much of this is dependent upon mortgage rates. Right now they are up, down, and then up again due to our uncertain situation. People are asking, “should I buy a house?” “Should I sell my house?” COVID-19 is terrifying, there is no question about that. However, anyone entering the housing market may find themselves with the benefit of low rates and less competition. If you have to have to sell a home, you will very likely find a willing buyer.

If you spend any time at all online or watching the news you will see news reports that will tell you America is on its way to another recession and other reports predicting everything will level off and we will survive this pandemic and economic crisis just fine.

You need to determine why you are selling or buying a home. Pay attention to national and local trends. We at Glass House have helped several buyers and sellers during this time and each situation is unique. We have our finger on the pulse of the local market and are well equipped to help you determine whether buying or selling is right for you.

Khalil Alexander El-Ghoul is principal broker with Glass House Real Estate. Reach him at [email protected] or 571-235-4821.

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This queer comedy show will warm you up

Catfish Comedy to feature LGBTQ lineup

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(Promotional image via Eventbrite)

Catfish Comedy will host “2026 Queer Kickoff Show” on Thursday, Feb. 5 at A League of Her Own (2319 18th Street, N.W.). This show features D.C.’s funniest LGBTQ and femme comedians. The lineup features performers who regularly take the stage at top clubs like DC Improv and Comedy Loft, with comics who tour nationally.

Tickets are $17.85 and can be purchased on Eventbrite

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Arts & Entertainment

Catherine O’Hara, ‘Schitt’s Creek’ star and celebrated queer ally, dies at 71

Actress remembered for memorable comedic roles in ‘Beetlejuice’ and ‘Home Alone’

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(Photo courtesy of Pop TV)

Catherine O’Hara, the varied comedic actor known for memorable roles in “Beetlejuice,” “Schitt’s Creek,” and “Home Alone,” has died at 71 on Friday, according to multiple reports. No further details about her death were revealed.

O’Hara’s death comes as a shock to Hollywood, as the Emmy award-winning actor has been recently active, with roles in both “The Studio” and “The Last of Us.” For her work in those two shows, she received Emmy nominations for outstanding supporting actress in a comedy series and outstanding guest actress in a drama series.

In 2020, O’Hara won the Outstanding Lead Actress in a comedy series award for her work in the celebrated sixth and final season of “Schitt’s Creek.” She was also known as a queer ally and icon for her theatrical and often campy performances over multiple decades. In “Schitt’s Creek,” she played Moira Rose, the wig-loving mother of David Rose (played by series creator Dan Levy). David is pansexual, but the characters around him simply accept him for who he is; the show was embraced by the LGBTQ community with how naturally David’s sexuality was written and portrayed. That show ran from 2015 to 2020 and helped bring O’Hara and her co-stars into a new phase of their careers.

In a 2019 interview with the Gay Times, O’Hara explained why the show got LGBTQ representation right: “Daniel has created a world that he wants to live in, that I want to live in. It’s ridiculous that we live in a world where we don’t know how to respect each other and let each other be. It’s crazy. Other shows should follow suit and present the world and present humans as the best that we can be. It doesn’t mean you can’t laugh, that you can’t be funny in light ways and dark ways. It’s all still possible when you respect and love each other.”

Additional credits include “SCTV Network” (for which O’Hara won a writing Emmy), “Beetlejuice Beetlejuice,” “Curb Your Enthusiasm,” “Six Feet Under,” “Best in Show,” “Home Alone 2: Lost in New York,” and “Dick Tracy.” O’Hara also lent her voice to “The Nightmare Before Christmas,” “Chicken Little,” “Monster House,” and “Elemental.” O’Hara was expected to return for Season 2 of “The Studio,” which started filming earlier this month.

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Calendar

Calendar: January 30-February 5

LGBTQ events in the days to come

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Friday, January 30

Friday Tea Time will be at 12 p.m. at the DC Center for the LGBT Community. This is a social hour for older LGBTQ+ adults. Bring your beverage of choice. For more information, contact Mac ([email protected]).

Spark Social will host “RuPaul’s Drag Race S18 Watch Party” at 8 p.m. This event will be hosted by local drag queens TrevHER and Grey, who will provide hilarious commentary and make live predictions on who’s staying and who’s going home. Stick around after the show for a live drag performance. This event is free and more details are available on Eventbrite

Saturday, January 31

Go Gay DC will host “LGBTQ+ Community Brunch” at 11 a.m. at Freddie’s Beach Bar & Restaurant. This fun weekly event brings the DMV area LGBTQ+ community, including allies, together for delicious food and conversation.  Attendance is free and more details are available on Eventbrite.

Sunday, February 1

Go Gay DC will host “LGBTQ+ Community and Conversation” at noon at As You Are. This event is for those looking to make more friends and meaningful connections in the LGBTQ+ community. Look for the Go Gay DC sign on the long table near the front window. Attendance is free and more details are available on Eventbrite.

Monday, February 2

“Center Aging: Monday Coffee Klatch” will be at 10 a.m. on Zoom. This is a social hour for older LGBTQ+ adults. Guests are encouraged to bring a beverage of choice. For more information, contact Adam (adamheller@thedccenter.org).

Tuesday, February 3

Universal Pride Meeting will be at 7 p.m. on Zoom. This group seeks to support, educate, empower, and create change for people with disabilities. For more information, email [email protected]

Wednesday, February 4

Job Club will be at 6 p.m. on Zoom upon request. This is a weekly job support program to help job entrants and seekers, including the long-term unemployed, improve self-confidence, motivation, resilience and productivity for effective job searches and networking — allowing participants to move away from being merely “applicants” toward being “candidates.” For more information, email [email protected] or visit thedccenter.org/careers.

Center Aging Women’s Social and Discussion Group will be at 7 p.m. on Zoom. This group is a place where older LGBTQ+ women can meet and socialize with one another. There will be discussion, activities, and a chance for guests to share what they want future events to include. For more details, visit the DC Center’s website

Thursday, February 5

The DC Center’s Fresh Produce Program will be held all day at the DC Center for the LGBT Community. People will be informed on Wednesday at 5:00 pm if they are picked to receive a produce box. No proof of residency or income is required. For more information, email [email protected] or call 202-682-2245. 

Virtual Yoga Class will be at 7 p.m. on Zoom. This free weekly class is a combination of yoga, breath work and meditation that allows LGBTQ+ community members to continue their healing journey with somatic and mindfulness practices. For more details, visit the DC Center’s website.  

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