Washington home prices up 5.7% since August

As reported in the Washington Business Journal, the average home price in the DC area is up 5.7% since August, compared to the national average of .06%.  Compared to last year, DC was only up 2.3%, so this is good news for people selling their homes. 

For those who wish to purchase a home, there are still some great deals out there, especially in Petworth, Ledroit Park, etc.  If you would like to know more about these areas, email me at david.corson@cbmove.com.

For more on this article, visit the Washington Business Journal.

New French Restaurant from Philly coming to the Old Shirt Laundry at 14th and Q

What was once the Old Shirt Laundry will now become a new french restaurant at 14th and Q Streets, NW.  This rapidly developing area is growing faster than any other area in the city, with some saying it will become the next Georgetown (more like restaurant/condo row).

Parc Deux Restaurant Partners LLC has filed for a liquor license application, shedding some new light on this former laundry building.  The company is from Philadelphia, and has as one of its restaurants the famous Parc Restaurant. 

The property is to be open for breakfast, lunch, and dinner and will have a total occupancy of 275.  This french style bistro will be a large restaurant, one of many opening on 14th Street.

Do you think this will be a good addition?

To read more from the Prince of Petworth, click here.