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Free Home Buyer Workshops are held Tuesdays at 5:30pm & Saturdays at 10am.
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Free Buyer Workshops
Free Home Buyer Workshops are held Tuesdays at 5:30pm & Saturdays at 10am.
Homebuyer AssistanceFinancing Programs
"DC Open Doors" pays your Down Payment for you on a home purchase in DC. The money does not have to be paid back. You must have:
  • Less than $125,580/year in income
  • Have fair to good credit (660+)
UrbanLand Company Agents have over $38 million in successful $0 Down and low down payment home sales. Set Appointment $0 Down Loan Estimate Or, get to know us in our Free Home Buyer Workshops
The Virginia Housing Development Authority (VHDA) pays your Down Payment when you meet certain criteria. The money does not have to be paid back. You must have:
  • Less than $97,520/year in income (1-2 person households)
  • Less than $113,840/year in income (3+ persons)
UrbanLand Company Agents have over $38 million in successful $0 Down and low down payment home sales. Set Appointment $0 Down Loan Estimate Or, get to know us in our Free Home Buyer Workshops
The Maryland Mortgage Program loans you up to $8,500 in Down Payment Assistance. There's additional incentives from specific Maryland employers + great student loan incentive programs.
  • Incomes lower than $88,400 for 1-2 person households are eligible
  • Incomes between $88,400 & $128,760 may be eligible, based on county
UrbanLand Company Agents have over $38 million in successful $0 Down and low down payment home sales. Set Appointment $0 Down Loan Estimate Or, get to know us in our Free Home Buyer Workshops
 

16th Street Heights: Condo & Single Family Market Surging


The condo and townhome market for 16th Street Heights is on a quiet track to become a hot neighborhood for buyers in DC.

There’s been 85 condos and rowhome sales in 16th Street Heights in 2016. Average prices all year are at $590,704 while median sales prices are at $620,326 for the year.  In the neighborhood’s single family home market, there’s been a total of 31 sales averaging $842,910 with a median price of $795,323. Successful sale prices in both the condo/rowhome and single family home segments are increasing heavily over 2015 levels.

Neighborhood market data is available below.

“The landscape for the neighborhood is changing. Small condo projects are starting to appear in various streets in the zone,” said Gerard DiRuggiero, Principal Broker of Urbanland Company. “It’s an exciting time to be a homeowner or an investor in this neighborhood.”

The reasons are obvious for the neighborhood’s growth. 16th Street Heights is just outside of Brightwood and is right near Kennedy Street’s exciting retail transformation, Mazza Gallerie, and a ton of other attractions. The Kennedy Street zone has become an active growth area with active residents and new retailers.  There’s also plans for an additional DCStreetcar route along Georgia Avenue in the future.

“We were first into sales on Nicholson Street with a boutique condo project this year with prices for 2 bedrooms staying near the $400,000 price point. When you look at the data on  the neighborhood, this is simply a great entry point to be a homeowner in 16th Street Heights.”

Gerard DiRuggiero
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Want a piece of 16th Street Heights at a low price? There’s still one 2 bedroom 2 bath home remaining at our Nicholson Condos project at 1346 Nicholson Street, NW. Building information & news is available here.

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