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Evergreen Private Finance Blog

Could This Be the D.C. Metro’s Hottest Neighborhood?

July 20, 2018

Last month, D.C.’s median housing price hit a milestone, rising above $600,000. While impressive on its own, and a good indication of our market’s continued hot streak, there are many properties in D.C. and the Metro with much higher price tags. And when you identify and analyze a few lists of D.C.’s most expensive properties, […]

How’s Our Market Performing? Our 2018 Mid-Year Update

July 12, 2018

In this market outlook we review the most recent available data on the D.C. Metro area’s real estate market performance during the first half of 2018. We focus on the following metrics: Sales Prices Inventory Property Type Performance Area Income & Employment Unless otherwise cited, we refer to data compiled by Real Estate Business Intelligence. […]

A Few New Developments in D.C. Home Prices

June 27, 2018

We talk a lot about real estate prices, and for good reason. Housing prices offer a concrete picture of opportunity within our real estate market—both how opportunity continues to grow within our market, and where that opportunity may best lie. Housing prices also indicate how other key metrics—such as supply and demand—are operating within our […]

Financing Fundamentals

June 26, 2018

(This article was reprinted with permission by Scotsman Guide, where the text and accompanying image were originally published.) If you can’t secure capital, you can’t succeed as a commercial mortgage broker — end of story. Pitching a deal to a lender is your “rubber meets the road” moment. If the lender says “yes,” you’re in […]

D.C.’s Million Dollar Homes Nearly Tripled in Last 10 Years

June 12, 2018

D.C. home prices keep increasing. In April, Median Home Sales Prices in D.C. rose 13.5% year-over-year, hitting $590,000. In the D.C. Metro Area, home prices rose 3.1%, representing the 19th consecutive month of year-over-year home price increases, and reaching their highest April levels this decade. But April saw a second, perhaps even more interesting, data […]

Is Another Tech Giant Coming to Our Region?

May 29, 2018

Recently, we discussed how, and why, the D.C. metro area will most likely be the location of Amazon’s HQ 2. As we noted, if Amazon lands in D.C., it would produce a dramatic impact on our local economy and real estate market: Amazon has pledged a starter investment of $5 billion in construction. The original […]

D.C.’s Real Estate Market Heats Back Up (and Looks to Only Get Hotter)

May 21, 2018

There have been some rumblings lately that the Washington D.C. real estate market might be losing some steam. While prices remained high, and, inventory remained low, for the last few months sales volume lowered year-over-year. Our market was still performing very well, and the fundamentals remained strong, but the numbers just weren’t hitting the same […]

Washington D.C.’s Economy Continues to Transform— For the Better

May 2, 2018

D.C. has long offered one of the country’s best labor markets. Our wealth of residents working high-income jobs has offered a boon to our housing market—and acted as a major force sustaining our rapidly increasing home prices. Recent data from the U.S. Bureau of Economic Analysis (BEA), analyzed by District Measured, provides evidence our labor […]

Affordable Housing Update: TOPA, and Workforce Housing

April 26, 2018

Affordable housing remains an important topic for our development community. We need to maintain our city’s vibrance, diversity, and sense of community as our city evolves. To do this, we must focus on creating inventory that allows all of D.C.’s residents to live side-by-side. At the same time, we need to approach this challenge with […]

D.C. Nears 700,000 Residents— Will We Soon Reach 1 Million?

April 11, 2018

D.C.’s population continues to rise. As District, Measured notes, Washington D.C.’s population has increased for the last twelve years straight. From 2005 – 2017, D.C. has added 126,836 new residents, representing a 22.4% population growth in a little over a decade. From 2016 – 2017, D.C.’s population grew 1.4%, and added 9,636 new residents, to […]

Will Higher Rates Kill D.C.’s Hot Real Estate Market?

March 29, 2018

Last week, the Federal Reserve hiked interest rates from 1.50 to 1.75 percent. Most likely, we will face more hikes over the following 18-24 months. According to the Fed, we are likely to see two more hikes this year, and three hikes in 2019. As a total movement, the Fed appears to be making good […]

Which Neighborhoods Have the Highest Concentration of D.C.’s Most Expensive Homes?

March 22, 2018

Washington D.C.’s median listing price is currently $595,000, over twice the nationwide median listing price of $257,990. Yet many properties in Washington D.C. are listed for significantly higher, and create even greater opportunity for luxury-focused participants within our real estate market. According to recent data from Curbed—updated March 6th—the 25 most expensive homes for sale […]