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Spring D.C., Rehoboth real estate markets ‘booming’
Experts say COVID fueling unprecedented demand
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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‘RuPaul’s Drag Race: All Stars’ cast visits D.C.
8 queens vie for $200,000 prize for charity in new season, premiering May 17
Donning sparkling and star-studded red, white, and blue attire on a gloomy, humid D.C. Monday, the cast of the latest “RuPaul’s Drag Race All Stars” season sashayed on the National Mall to promote the reality show’s ninth season.
This upcoming season is different than those in the past — eight queens are competing for a donation of $200,000 for the charity of their choosing, rather than a personal cash prize.
Several cast members noted how it felt important to visit the nation’s capital, being authentically themselves and wearing drag. Nina West, who competed in season 11, likened drag to armor.
“We’re here during a really specific time in history, that’s, I would say, markedly dark,” she told the Blade at the steps of the Lincoln Memorial. “And there’s an opportunity, as drag has always done, which is for our community as specifically LGBTQI+ people, to stand in our truth and be wonderful — like guardians and fighters for our community.”
She’s competing for the Trevor Project, which is focused on suicide prevention and crisis intervention for young LGBTQ people. This season’s pivot to compete for charity made Nina West want to come back on the show for the All Stars season. She’s been offered the spot two times before this, she said, and this twist aligned with what she wanted to do.
Several of the other queens mentioned that it’s an honor to be featured in this season, including season 5’s Roxxxy Andrews. She also competed in two subsequent All-Stars seasons.
She chose the organization Miracle of Love, which provides HIV/AIDS prevention programming and assistance in central Florida. It’s a smaller, more local organization, which is why Roxxxy Andrews chose it. She wants to make its work more nationally known. Also, vying to win during a charity season makes the competition feel more rewarding, she said.
Plastique Tiara of season 11 also noted it’s different competing for charity. She’s competing for the Asian American Foundation, which launched in 2021 in response to the rise in anti-Asian hate and aims to curb discrimination and violence through education and investments in nonprofits.
“It’s more competitive because then you’re fighting not just only for yourself, but your ideas and the things that you love,” she said.
Vanessa Vanjie of seasons 10 and 11 agreed that competing for charity adds a bit more pressure — she chose the ASPCA. And as onlookers near the Lincoln Memorial took pictures of and with the queens, she said she was relieved.
“I was a little bit worried somebody would yell some slurs at us,” Vanessa Vanjie said. “Nothing happened. Everybody came to take pictures like Santa Claus in the middle of the mall.”
There’s a range of contestants from different seasons for this round of All Stars. Some queens hail from recent seasons, but Shannel competed on the show’s first season. To be a part of this new season is surreal, she said.
She’s competing for the Anxiety and Depression Association of America, which she has a close tie to. She’s dealt with anxiety her entire life. The association is focused on increasing awareness and improving diagnosis and treatment.
“I always felt like I just wasn’t normal, sadly,” she said. “And so now being able to be able to do this season and to get back to that organization is like amazing to me.”
Gottmik, from season 13, is competing for Trans Lifeline — a nonprofit providing advocacy, a hotline and grants created by trans people, for trans people. Being able to do drag and give back is the “perfect scenario,” Gottmik said.
Gottmik was the first openly trans man on Drag Race, which was overwhelming when first on the show. Gottmik felt pressure to be the “perfect example,” but later realized that they didn’t have to worry so much.
“I just want to show people that trans people are real people. We can express ourselves however we want to express ourselves, through drag, through whatever it may be,” Gottmik said.
The new season will be available to stream on Paramount+ on May 17.
a&e features
Pride season has begun
LGBTQ parades, festivals to be held throughout region in coming months
LGBTQ Pride festivals, parades and other events have been scheduled in large cities and small towns throughout the region. Pride events around the world culminate in June, but organizers in some municipalities have elected to hold celebrations in other months.
Pride in the region has already begun with last weekend’s Mr., Miss, and Mx. Capital Pride Pageant held at Penn Social as well as Roanoke Pride Festival held in Elmwood Park in Roanoke, Va.
Below is a list of Pride events coming to the region.
MAY
Capital Trans Pride is scheduled for 9:30 a.m.-5 p.m. on Saturday, May 18 at the Martin Luther King, Jr. Memorial Library (901 G St., N.W.). The website for the event advertises workshops, panel discussions, a keynote address, a resource fair and more. transpridewashingtondc.org
Equality Prince William Pride is scheduled for 12-4 p.m. on May 18 at the Harris Pavilion (9201 Center St.) in historic downtown Manassas, Va. equalityprincewilliam.org
D.C. Black Pride holds events throughout the city May 24-27. Highlights include an opening reception, dance parties and a community festival at Fort Dupont Park. The Westin Washington, DC Downtown (999 9th St., N.W.) is the host hotel, with several events scheduled there. dcblackpride.org
NOVA Pride and Safe Space NOVA will hold NOVA Pride Prom from 7-11 p.m. on May 31 at Torpedo Factory Art Center in Alexandria, Va. The event is open to all high school students throughout the region, regardless of identity, from rising ninth grade students to graduating seniors. novapride.org
Capital Pride Honors will be held on May 31. The Capital Pride Alliance has announced on its website that nominations are open for awardees. The Honors celebrates excellence in the LGBTQ community and its allies. capitalpride.org
JUNE
Downtown Sykesville Connection is sponsoring Sykesville Pride Day in downtown Sykesville, Md. on June 1 from 12-4 p.m. downtownsykesville.com
Reston Pride will be held at Lake Anne Plaza in Reston, Va. on June 1 from 12-6 p.m. restonpride.org
Fairfax Pride, hosted by the City of Fairfax and George Mason University, will be held at Old Town Hall (3999 University Drive, Fairfax, Va.) on June 1 from 5-7 p.m. The event will include children’s activities and more. fairfaxva.gov
OEC Pride celebrates Pride with “art, dance, education, and fun” in Old Ellicott City. The OEC Pride Festival is held along Main Street in Ellicott City, Md. on June 1 from 10 a.m.-10 p.m. visitoldellicottcity.com
Annapolis Pride has consistently drawn a giant crowd for a parade and festival in the quaint downtown of the Maryland capital. “The Voice” star L. Rodgers has been announced to headline the 2024 festival. The parade and festival will be held on June 1. annapolispride.org
The Alexandria LGBTQ+ Task Force Alexandria Pride is scheduled to be held at Alexandria City Hall from 3 – 6 p.m. on June 1 in Alexandria, Va. alexandriava.gov
The Portsmouth Pride Fest will be held at Festival Park adjacent to the Atlantic-Union Bank Pavilion in Portsmouth, Va. on June 1 from 11 a.m.-5 p.m. portsmouthprideva.com
The Delaware Pride Festival is a free event scheduled for June 1 at Legislative Hall in Dover, Del. from 10 a.m.-5 p.m.The event is billed as family friendly and open to people of all ages and sexual orientations. delawarepride.org
The City of Rockville is hosting Rockville Pride at Rockville Town Square (131 Gibbs St., Rockville, Md.) from 2-5 p.m. on June 2. The free event features live performances, information booths, and children’s activities. rockvillemd.gov
Equality Loudoun is hosting the ticketed Loudoun Pride Festival from 1-7 p.m. on June 2 at Claude Moore Park in Sterling, Va. The event features three stages, a “#Dragstravaganza,” a kid’s zone, an alcohol pavilion, a food hall and more. Tickets $5. eqloco.com
Culpepper Pride is slated to be held at Mountain Run Winery in Culpepper, Va. from 12-6 p.m. on June 2. The theme this year is “True Colors.” culpeperpride.org
The Southwest Virginia Pride Cookout Community Social is planned for 2 p.m. at the Charles R. Hill Senior Center in Vinton, Va. on June 2. For more information, visit the Facebook event page.
Capital Pride kicks off with the RIOT! Opening Party at Echostage starting at 9 p.m. on June 7. Tickets run from $27-$50 and can be purchased on the Capital Pride website. The event is set to feature Sapphire Cristál. capitalpride.org
Pride events continue over the weekend of June 8-9 in the nation’s capital with the Capital Pride Block Party featuring performers and a beverage garden, the massive Capital Pride Parade, Flashback: A totally Radical Tea Dance to be held at the end of the parade route, and the Capital Pride Festival and Concert. Visit capitalpride.org for more information. Other Pride events planned for the weekend in D.C. include a number of parties and the unforgettable (and free) Pride on the Pier & Fireworks Show at the Wharf sponsored by the Washington Blade from 2-10 p.m. prideonthepierdc.com
Pride in the ‘Peake will be held at Summit Pointe (580 Belaire Ave.) in Chesapeake, Va. on June 9 from 12-5 p.m. The family-focused Pride event does not serve alcohol, but will feature community organizations, food trucks and more in a street festival. For more information, visit the Facebook event page.
Celebrate with a drag show, dancing and a lot of wine at Two Twisted Posts Winery in Purcellville, Va. for a Pride Party from 2-5 p.m. on June 15. twotwistedposts.com
Baltimore Pride holds one of the largest Pride parades in the region on June 15 in Baltimore. (2418 Saint Paul St.). The parade concludes with a block party and festival. Pride events are scheduled from June 14-16. baltimorepride.org
The fourth annual Catonsville Pride Fest will be held at the Catonsville Presbyterian Church (1400 Frederick Rd.) in Catonsville, Md. on June 15 from 3-6 p.m. The event features a High Heel Race, pony rides, face painting, local cuisine and more. For more information, visit the Facebook event page.
The Ghent Business District Palace Shops have announced a Ghent Pride event from 5:30-9:30 p.m. on June 17 at the Palace Shops and Station (301 W 21st Street) in Norfolk, Va. ghentnorfolk.org
An event dedicated to celebrating the elders in the LGBTQ community, Silver Pride is scheduled for June 20 at 5:30-8:30 p.m. Location and more information to be announced soon. capitalpride.org
Visit the Hampton Roads PrideFest and Boat Parade for a truly unique Pride experience along the Elizabeth River. The full day of entertainment, education and celebration will be held on June 22 from 12-7 p.m. at Town Point Park (113 Waterside Dr.) in Norfolk, Va. hamptonroadspride.org
Frederick, Md. will hold its annual Frederick Pride Festival at Carroll Creek Linear Park on June 22 from 11 a.m.-6 p.m. Entertainers include CoCo Montrese of “RuPaul’s Drag Race.” frederickpride.org
The fourth annual Pride at the Beach is scheduled for 2-10 p.m. on June 23 at Neptune’s Park (3001 Atlantic Ave.) in Virginia Beach, Va. The event features entertainment, community vendors, beachside DJ sets, food trucks and offers a “perfect conclusion to an unforgettable Pride weekend.” hamptonroadspride.org
Winchester Pride will hold its Mx. Winchester Pride Pageant at 15 N. Loudoun St. in Winchester, Va. on June 23 at 6 p.m. Tickets are $20 in advance/$25 at the door. winchesterpride.com
The organizers of last year’s inaugural Ocean City Pride with a “parade” along the boardwalk in Ocean City, Md. have announced that they will be organizing a return this year with events from June 28-30. instagram.com
The third annual Arlington Pride Festival will be held at Long Bridge Park at National Landing (475 Long Bridge Dr.) in Arlington, Va. on June 29 from 11 a.m.-3 p.m. arlvapride.com
FXBG Pride is holding its annual community Fredericksburg Pride March on June 29 from 10-11 a.m. at Riverfront Park (705 Sophia St.) in Fredericksburg, Va. Speeches begin at 10 a.m. and the procession starts at 10:30 a.m. For more information, visit the Facebook event page.
Salisbury Pride “90’s Edition” is scheduled for 3 – 7 p.m. on June 29 in Downtown Salisbury, Md. Magnolia Applebottom is listed as the headliner and grand marshal. salisburyprideparade.com
The 2024 Suffolk Pride Festival is scheduled for Bennett’s Creek Park in Suffolk, Va. on June 30 from 12-7 p.m. Visit the Facebook event page for more information.
Expect music, entertainment and drag performances in the picturesque mountain town of Cumberland, Md. at the Cumberland Pride Festival on June 30 from 12-4 p.m. at Canal Place. cumberlandpride.org
Montgomery County’s annual Pride in the Plaza will be held on June 30 from 12-8 p.m. at Veterans Plaza (1 Veterans Place, Silver Spring, Md. liveinyourtruth.org
JULY
The sixth annual Westminster Pride Festival is scheduled for downtown Westminster, Md. on July 13 from 12-6 p.m. westminsterpride.org
Hagerstown Hopes is holding its annual Hagerstown Pride Festival in Doubs Woods Park (1307 Maryland Ave.) in Hagerstown, Md. on July 13 at 11 a.m. Visit the Facebook event page for more information.
The Rehoboth Beach Pride Festival will be held on July 20 from 10 a.m.-2 p.m., with other Sussex Pride events scheduled throughout the weekend of July 18-21. sussexpride.org
Us Giving Us Richmond hosts Black Pride RVA in Richmond, Va. with events on July 19-21. ugrcrva.org
a&e features
Eastern Shore chef named James Beard Finalist
Harley Peet creates inventive food in an inclusive space
In a small Eastern Shore town filled with boutiques, galleries, and the occasional cry of waterfowl from the Chesapeake, Chef Harley Peet is most at home. In his Viennese-inflected, Maryland-sourced fine-dining destination Bas Rouge, Peet draws from his Northern Michigan upbringing, Culinary Institute of America education, and identity as a gay man, for inspiration.
And recently, Peet was named a James Beard Finalist for Best Chef: Mid-Atlantic – the first “Best Chef: Mid-Atlantic” finalist representing the Eastern Shore.
Peet, after graduation from the Culinary Institute of America, took a position as sous chef at Tilghman Island Inn, not far from Bas Rouge. Falling in love with the Eastern Shore, he continued his passion for racing sailboats, boating, gardening, and fishing, and living his somewhat pastoral life as he opened Bas Rouge in 2016 as head chef, a restaurant part of the Bluepoint Hospitality group, which runs more than a dozen concepts in and around Easton, Md.
Coming from a rural area and being gay, Peet knew he had his work cut out for him. He was always aware that the service and hospitality industry “can be down and dirty and rough.”
Now as a leader in the kitchen, he aims to “set a good example, and treat people how I want to be treated. I also want to make sure if you’re at our establishment, I’m the first to stand up and say something.”
The Bas Rouge cuisine, he says, is Contemporary European. “I’m inspired by old-world techniques of countries like Austria, Germany, and France, but I love putting a new spin on classic dishes and finding innovative ways to incorporate the bounty of local Chesapeake ingredients.”
His proudest dish: the humble-yet-elevated Wiener Schnitzel. “It is authentic to what one would expect to find in Vienna, down to the Lingonberries.” From his in-house bakery, Peet dries and grinds the housemade Kaiser-Semmel bread to use as the breadcrumbs.
Peet works to support the LGBTQ community inside and outside of the kitchen. “I love that our Bluepoint Hospitality team has created welcoming spaces where our patrons feel comfortable dining at each of our establishments. Our staff have a genuine respect for one another and work together free of judgment.”
Representing Bluepoint, Peet has participated in events like Chefs for Equality with the Human Rights Campaign, advocating for LGBTQ rights.
At Bas Rouge, Peet brings together his passion for inclusion steeped in a sustainability ethic. He sees environmental stewardship as a way of life. Peet and his husband have lived and worked on their own organic farm for several years. Through research in Europe, he learned about international marine sourcing. Witnessing the impacts of overfishing, Peet considers his own role in promoting eco-friendly practices at Bas Rouge. To that end, he ensures responsible sourcing commitments through his purveyors, relationships that have helped create significant change in how people dine in Easton.
“I have built great relationships in the community and there’s nothing better than one of our long-standing purveyors stopping in with a cooler of fresh fish from the Chesapeake Bay. This goes especially for catching and plating the invasive blue catfish species, which helps control the species’ threat to the local ecosystem.
Through his kitchen exploits, Peet expressed a unique connection to another gay icon in a rural fine-dining restaurant: Patrick O’Connell, of three Michelin starred Inn at Little Washington. In fact, Peet’s husband helped design some of O’Connell’s kitchen spaces. They’ve both been able to navigate treacherous restaurant-industry waters, and have come out triumphant and celebrated. Of O’Connell, Peet says that he “sees [his restaurants] as canvas, all artistry, he sees this as every night is a show.” But at the same time, his “judgment-free space makes him a role model.”
Being in Easton itself is not without challenges. Sourcing is a challenge, having to either fly or ship in ingredients, whereas urban restaurants have the benefit of trucking, he says. The small town “is romantic and charming,” but logistics are difficult – one of the reasons that Peet ensures his team is diverse, building in different viewpoints, and also “making things a hell of a lot more fun.”
Reflecting on challenges and finding (and creating) space on the Eastern Shore, Peet confirmed how important it was to surround himself with people who set a good example, and “if you don’t like the way something is going … move on.”
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