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Spring D.C., Rehoboth real estate markets ‘booming’

Experts say COVID fueling unprecedented demand

Published

5 years ago

on

D.C. real estate, gay news, Washington Blade

Experts are seeing 10 offers for every listing in D.C. as the spring real estate market is described as ‘on steroids.’

Michael Moore is a senior vice president for Compass Real Estate in D.C. and has worked as a D.C.-based Realtor for 30 years. Lee Ann Wilkinson is CEO for the Lee Ann Wilkinson Group associated with Berkshire Hathaway Home Services-Gallo Realty in the Rehoboth Beach, Del. shores area for 38 years selling real estate.

Both have told the Washington Blade that beginning in the late spring of 2020 and continuing now in the spring of 2021, they have never seen such a booming real estate market, with the demand for houses and condominiums wildly exceeding the supply.

“Well, it’s been a spring market on steroids,” Moore said. “I’ve never seen a spring market like this. Everybody is fighting for properties,” he said. And it’s not just Chevy Chase, Bethesda, and Alexandria. It seems to hit everywhere.”

Wilkinson, who has real estate offices in Rehoboth and nearby Lewes, Del., agreed with Moore and other Realtors that the far greater demand for properties than the available supply in their respective areas has created a seller’s market, requiring buyers to pay far higher prices than they originally expected.

“I’ll characterize it this way,” Wilkinson said when asked how she views the spring real estate market in her area.

“It’s next to impossible. It is so, so lopsided. Inventory is so low that there are 10 buyers for every one property that come on the market,” she said. “So, yeah, it’s the lowest inventory we’ve ever seen. And the buyers are off the chart. So, it’s very difficult.”

The difficulty, both Wilkinson and Moore said, is helping their clients who want to buy a house, or a condo navigate an almost never-before-seen frenzy of competition for the relatively few properties that come on the market.

“Areas that never saw multiple offers are now seeing multiple offers,” said Moore. “I’m seeing escalations in excess of 30 percent” in the selling price over and above the original asking price, he said. “Some properties are going 130 percent over their listing price.”

Moore, Wilkinson and two other Realtors with whom the Blade spoke about the current market all agree that the record low interest rates on home mortgages during the past year or two has played a major role in the growing number of home buyers.

But they and other observers of the real estate market have said the COVID pandemic appears to also have triggered a greater demand for home buying in what some are calling an unexpected development.

Moore and Wilkinson said the near total business shutdowns in the first few months of the pandemic last year did cause a small slowdown in the real estate market in both the D.C. area and the Delaware beach areas. But the two and others have said the market quickly picked up in late spring and early summer and through the remainder of 2020, with home sales and the demand for homes surpassing that of the previous year before the pandemic surfaced.

The upsurge in the market has continued into the spring of 2021, according to Moore, Wilkinson and others.

Some observers have said the fact that the pandemic forced a larger than ever number of people to work at home appears to have prompted many homeowners to consider continuing to work at home after the pandemic. In thinking of doing that, many have decided they need a larger home or a home in a different location. That apparently has sparked a new demand for home buying in addition to the low interest rates.

Wilkinson said that while the large demand has clearly put sellers at an advantage over home buyers, some potential sellers are discovering that while they stand to reap a handsome profit for the sale of their home, they cannot find another home to move into within a price range they can afford.

“We have sellers who were with their home and say, oh my goodness, we’re going to get all this money,” Wilkinson said. “And they get a contract and all of a sudden, they can’t find a house for themselves and then they want to back out of the sale because they don’t have anywhere to go,” she said. “It’s so unreal.”

Dual homeowners who decide to sell a second home at the beach or elsewhere and who choose to live full-time in their primary home are now in the best position to make a windfall profit on the sale of their second home, Realtors are saying.

Moore said the decision by the Internet sales giant Amazon to open its second national headquarters in the Crystal City and Pentagon City sections of Arlington, Va. appears to have had an immediate impact on the real estate market in that area two years ago when the announcement was made. He said the market could receive a boost in a few years, when the Amazon buildings now under construction are finished and hundreds more employees move to the area.

But according to Moore and other Realtors, the announcement two years ago that Amazon would move to the area prompted investors to “scoop up” large numbers of condo units and some smaller houses in that area as investment properties that they could sell for a profit in the next few years.

The Realtors with whom the Blade spoke said the prices now for a typical three-bedroom, two-and-a-half-bathroom house in a desirable neighborhood convenient to nearby amenities or a Metro station in the recent past were available from $900,000 to $1.1 million. But now almost no similar houses can be found for under $1 million and most are in the range of $1.2 million to $1.4 million or higher.

Two-bedroom condos in most D.C. areas are now selling for about $700,000, with one-bedroom condos going for between $500,000 and $600,000. Realtors say condos and houses can be found in some areas considered “emerging neighborhoods” at lower prices.

Robert Sanders, senior vice president of TTR-Sotheby’s International Realty in D.C., and Chuck Burger, a longtime Realtor with D.C.’s Coldwell Banker Realty office on Capitol Hill, each said it has become much harder for first-time buyers to find a house or condo that’s within a price range they can afford.

“I’m watching some of my buyers backing off now because the sellers have been commanding so much money and getting it that the buyers are afraid,” Sanders told the Blade. “You know, how are they going to get that out in the next couple of years? Are they going to be under water because they paid so much for it?” he said.

“So, I’m starting to see buyer fatigue, which sort of makes me a little nervous about that,” Sanders said. “But you know, even a market correction is good for everybody.”

By market correction, Sanders was referring to the term used by Realtors and economists for when an overheated market “corrects” itself when prices come down due to various reasons, including a rise in home mortgage interest rates. Going “under water” refers to when the value of someone’s house falls below the balance of the mortgage on the house.

Moore points out, however, that the D.C. area within the Beltway has historically been immune from severe market corrections. He notes that at the time of the steep real estate market decline in 2008 and 2009, where the home and condo market in places like Florida and other states dropped sharply, the D.C. area saw a slowing of the market increase but no decline in home values occurred.

“It was like we were we were totally unaffected by the real estate debacle that happened in 2008 and 2009,” Moore said. “So, what I think is going to happen here is that it will probably plateau a little bit. But I think we will always have property appreciation,” he said. “We’ve never had a correction which meant negative numbers.”

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Summer in the City: Free exhibits, movies, more fill D.C.’s calendar

America 250 celebrations continue

Published

11 hours ago

on

July 26, 2026

By

Cynthia Erivo and Ariana Grande star in ‘Wicked,’ screening Sept. 12 at Union Market. (Photo courtesy of Universal Pictures)

From late-night museum visits and outdoor jazz concerts to free movie screenings and America250 exhibitions, Washington’s summer calendar is packed with events that don’t charge admission. Here’s a look at some of the free activities happening across the District through September and beyond.

Museum exhibitions

The Renwick Gallery is presenting State Fairs: Growing American Craft, an exhibition that looks at unique and unconventional crafts from the 19th century to the present. It will run until Sept. 7, and admission is free. 

The Arts and Industries Building, located next to the Smithsonian Castle, is presenting the exhibition Voices and Votes: Exploring Democracy Across America. The exhibition features the development of American independence and what that has meant over time, beginning with the Revolutionary War. Admission to the museum is free, and the exhibition runs until Sept. 7.

The National Gallery of Art presents Dear America, an exhibit featuring more than 100 pieces of work, including letters, photographs, and drawings that depict American landscapes and depictions of freedom. The exhibition will run until Sept. 20.

The National Museum of Women in the Arts is exhibiting Burnished: Pueblo Pottery until Sept. 27. The exhibit features pottery from the Southwest, and while most of the pottery belongs to women artists, a few also reflect those who have advocated for women.

Extending past this summer, the exhibition ¡Puro Ritmo! The Musical Journey of Salsa will be at the National Museum of the American Latino until July 2028. The exhibition shows how Afro-Cuban music has become a staple in the U.S. Admission is free.

The Martin Luther King Jr. Memorial Library will feature the exhibition District Vibes / American Pride: How DC Changed American Culture, which will highlight all of the ways D.C. has impacted American life. The exhibit will run until Sept. 27.

At the Folger Shakespeare Library, the exhibit Imagining Shakespeare: Mythmaking and Storytelling in the Regency Era will be on view through Aug. 2. All the portraits on display come from the Boydell Shakespeare Gallery in London.

The United States Botanic Garden will be open until 8 p.m. on Aug. 20 and Sept. 17, as part of America’s State Flowers: An America250 Celebration. The evenings will include live music, mocktails, ice cream, and snacks.

The National Gallery of Art Sculpture Garden will have extended hours, staying open until 8 p.m. Wednesday to Saturday until Sept. 3. 

Live performances

On Aug. 7, the postgame Nationals concert series will continue with Jordan Davis performing. To see the concert, guests just need to buy tickets to the Nationals game. 

Jazz in the Garden will run each Friday until Aug. 14. The event has free admission, but those interested have to enter a lottery due to the high demand for the event.

From May to October, Capital Harvest Market occurs every Wednesday from 10 a.m.-2 p.m. at the Ronald Reagan Building and International Trade Center. The market features fresh foods, crafts, and recipes for unique dishes. A full list of vendors is available on Capital Harvest’s website.

Live! Concert Series on the Plaza will feature live performances at Woodrow Wilson Plaza until Sept. 25. The performances run Monday to Friday from 12-1 p.m. Admission is free to the performances. 

DowntownDC Live! at Anthem Row is running until July 30, with free performances every Thursday from 5:30 p.m. to 9:00 p.m. The final performance will feature HUE and a vintage flea market hosted by Get Flee Marketplace. 

Located in Adams Morgan, AdMo Vibe will present live performances every Thursday at 6 p.m. in Kalorama Park. Guests are encouraged to check out Adams Morgan before and after shows, and it is an event for all ages.

Other events

Union Market is hosting drive-in movies on Aug. 8, featuring “Monsters, Inc.”, and Sept. 12, featuring “Wicked.” On Aug. 8, the parking lot will open at 7:30 p.m., with the movie starting at 8:25 p.m. On Sept. 12, the parking lot will open at 6:35 p.m., and the movie will start at 7:30 p.m.

Sunset Cinema at the Wharf will also be available one day a month. On Aug. 12, “10 Things I Hate About You” will premiere, and on Aug. 26, “Project Hail Mary.” No tickets are necessary. 

The Library of Congress will also show movies. On Aug. 6, guests are invited to watch “Apollo 13.” The movie will be shown at 8 p.m., with additional live performances beginning at 7 p.m.

For fans of Asian media, the Okaton convention will be at Walter E. Washington Convention Center from July 31-Aug. 2. Festivities will include cosplay contests, skits, live music, and panel discussions.

Washington Spirit’s season also begins in August. The Spirit is Washington’s National Women’s League, with matchups occurring between the San Diego Wave, the North Carolina Courage, the Orlando Pride, and the Bay FC.

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Summer in D.C. brings sports, Restaurant Week, festivals, and more

Published

4 days ago

on

July 23, 2026

By

Washington Spirit CEO Kim Stone hosts Pride Night OUT on Sunday, Aug. 23. (Photo courtesy of Washington Spirit)

Summer in D.C. just hits different. Congress is out, school is out, the sun is out, thighs are out. With the skies clearing from Canadian smoke, here are a few ways to stay entertained.

Dining

Summer restaurant week: The Restaurant Association of Metropolitan Washington (RAMW) is once again hosting Summer Restaurant Week, Aug. 18-24. This weeklong dining experience showcases the dynamic dining scene of the DMV, including 2026 RAMMY Award-winning favorites (the annual D.C. food awards show that took place June 29). Participating restaurants will offer three-course brunch and lunch selections for $25 or $35 per person, and three-course dinners for $40, $55 and $65 per person.

New Restaurants: A handful of new spots have opened, so the summer is a great time to check them out:

  • Oribu: A new Mediterranean-Japanese restaurant in the Grand Hyatt hotel, which just underwent a remodeling effort. The sleek restaurant brings upscale charm, with dishes like Wagyu beef tartare with potato pavé and caviar.
  • The Oak Room: A snazzy old-school American grill has just opened in Georgetown, alongside its sister upstairs supper club (Bernadette’s) restaurant, in the old El Centro space.
  • Uchi: This showy Japanese sushi-forward chain has landed in Dupont with a chef’s tasting menu of favorites like fatty tuna.
  • Kathmandu: Recalling the capital of Nepal, this warm, buzzy subterranean restaurant right in the heart of U Street brings spice, flair, and rare ingredients to its dishes (see: buffalo burgers) and drinks.

Sports

  • Washington Spirit Pride Night OUT: On Sunday, Aug. 23, head to Audi Field for a massive, high-energy game following the exciting month of World Cup. The designated Pride Night OUT game promises boisterous crowds plus pre- and post-game community engagements. 
  • Washington Tennis Open – Now called the Mubadala DC Open, this annual tournament is only combined mens’ and womens’ 500-level tennis tournament in the world. The open is one of D.C.’s longest-standing sports traditions, and will take place at the Rock Creek Park Tennis Center July 25-Aug. 2. Naomi Osaka, Venus Williams, Ben Shelton, Frances Tiafoe, and others are expected to play.

Festivals

  • Afro Plus Fest: This huge, three-day Afro-Caribbean Hip-Hop Festival brings together headliners Davido, Alkaline, and Wizkid, plus Tems and Ayra Starr. The event moves from RFK to the Northwest Stadium Complex for three days, Sept. 4-6.
  • Capital Fringe Festival: Running from July 11-21, this massive celebration features dozens of live theater, comedy, dance, and boundary-pushing nighttime performances across multiple DC neighborhoods. 
  • The National Book Festival returns, with headliners like Cynthia Erivo, and Martin Scorsese. The one-day festival, Saturday, Aug. 22, brings together bookworms and word nerds under the theme “America 250: It’s Your Story.” There are talks, workshops, musical sessions and more.
  • All Things Go: A three-day festival Sept. 25-27 at Merriweather Post Pavilion featuring Mitski, Hayley Williams, Brandi Carlile, MUNA, Zara Larsson, Ethel Cain, and many, many more artists. There are single-day and three-day tickets. Featuring and highlighting female artists, the festival has turned into a must-see for many LGBTQ audience members.
  • Fuchsia Fest: The inaugural Fuchsia Fest is a new multi-day celebration created to celebrate LGBTQ community and expression, bringing together a mix of community gatherings, entertainment, and nightlife. The event takes place Sept. 18-20 and is hosted by Capital Pride.

Art and Music

  • United We Dance: A high-energy rave with house, techno, bass, and festival music, on Aug. 1 at the 9:30 Club. 
  • The Fray. On Aug. 14, this American rock band famous for How To Save A Life is at Merriweather Post Pavilion.
  • Kesha: Kesha’s high-energy The Freedom Tour comes to the D.C. area on Aug. 14 at Jiffy Lube Live.
  • ALOK: On Sept. 3 at Lincoln Theater, ALOK (they/them) performs. The poet, comedian, and actor is putting on a new comedy show.
  • 2charm, the emerging Australian electronic club-pop duo popular with the queer community, which blends hyperpop and dance music, comes to the Atlantis.
  • Sapphic Dance Party: a vibrant, inclusive nightlife and social event designed specifically for queer women, lesbians, bisexuals, trans individuals, and nonbinary folks, at Atlantis on Aug. 21.
  • Jazz in the Garden: The most quintessential of D.C. activities returns Friday evenings through Aug. 14. This season’s theme, “American Sounds,” is a nod to the nation’s 250th anniversary. Tunes themes range from Appalachian and Americana to Creole jazz, Hill Country blues, contemporary jazz, and more. Tickets are available through a lottery system a week before each event.
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Tickets on sale for chef Patrick O’Connell’s book launch event

Sept. 18 kickoff to feature José Andrés, Tom Sietsema

Published

6 days ago

on

July 21, 2026

By

Acclaimed chef Patrick O’Connell is preparing to publish his new memoir, “Main, Middle & Gay” in September and he’s launching the book with an event on Sept. 18 at 6 p.m. at Lisner Auditorium featuring Chef José Andrés and former Washington Post food critic Tom Sietsema.

Tickets for the event go on sale Tuesday, July 21 at Ticketmaster; prices start at $55.

 O’Connell, who’s gay, is the pioneering Michelin-starred chef and longtime proprietor of the Inn at Little Washington. He spoke with the Blade about the September event and the launch of his first memoir.

 “I’ve known [Andrés and Sietsema] for more than 25 years and I have great respect for them,” O’Connell said. “I felt that it would allow us to add a different dimension rather than just have an interviewer. The chemistry will be fun and lively and unpredictable and exciting. I think we’re all different personalities and we’ll compliment each other.”

O’Connell has published cookbooks but this is his first memoir. The event will feature a short film that will highlight his work and the Inn.

“What I hope to do with the event is bring the book to life visually,” he said. “So we’re producing a short film that will be part of it. Most of the audience will not have read the book so it’ll give them a visual flavor of the book. It parallels the evolution of American cuisine over 50 years. It’s a rare perspective to be in the trenches for that long.”

The book’s title refers to the location of the garage on the corner of Main, Middle, and Gay streets in Washington, Va., where he launched his restaurant that became an international culinary destination. 

The Blade will publish the rest of its wide-ranging interview with O’Connell in September in conjunction with the book’s release.

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