your predictions for "hot" neighborhoods in DC next year?

[Anonymous]

I bought off of H Street ten years ago, and that describes what it was like. There was a coffee shop that closed down and restaurant that closed down as well. That was the time to buy. If I were ten years younger, I would move out there.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think that Trinidad and Rosedale are already in full scale land rush mode.

My best guess is that Anacostia is poised to take off. The housing stock is nice, there is a commercial corridor in place, the Metro runs near by. More importantly, it is just accross the river from Capitol Hill and relatively close to downtown. It may not be next year, but very soon.

Yes, you're just four stops from L'Enfant Plaza and six from Gallery Place, the Circulator bus runs through HA to Barracks Row in Capitol Hill, you have great access to north and south freeways, and the 11th St bridge park will be a huge draw. OTOH you have to drive to get to a supermarket and your WotP friends will never visit because the name Anacostia scares them. But if I were looking now, I would definitely look over there.

The main street, MLK, looks absolutely terrible, between vacant lots, vacant buildings, and people loitering - and that is the way you would walk from the better section of historic homes to the metro stop (I am told people from there just take the bus in instead) The total of desirable retail is the arts center with nurish, one other restaurant, one coffeeshop, a couple of other small galleries, and I think a vintage clothing shop. UNLIKE all the WOTR areas that have or are gentrifying, you can't be one or two short blocks away from an already more established area - because of the river, the park and 295.

It is going to take some time to overcome all that. I think takeoff in 2016 at the earliest, when BB&P comes in. More likely it will take at least a resolved plan for Barry Farms, before the land rush begins.

[Anonymous]

Wow! All this love for SE! I'm surprised I wasn't the first one to mention Anacostia, Congress Heights, etc. I just saw an Urban Turf article that said the sold home prices for detached single family homes went up 28% this year in Anacostia. So in terms of aesthetics and amenities, the commercial strip has good bones but isn't there, but the housing market is already hot.

Besides like someone already mentioned, people are friendly to boot here (I live in Congress Heights, but I know same can be said of Anacostia). Plus, I LOVE being able to afford an awesome house near downtown with practically no commute. Can't stop bragging about it. I'll shut up now!

[Anonymous]

I don't know. SE but brightwood is already clean, quiet, safe and affordable

[Anonymous]

Anonymous wrote:Wow! All this love for SE! I'm surprised I wasn't the first one to mention Anacostia, Congress Heights, etc. I just saw an Urban Turf article that said the sold home prices for detached single family homes went up 28% this year in Anacostia./quote]

Haha, I am pleasantly surprised, too. I live in SE (Fort Dupont Park) and our home has already been appraised for 20% higher than 7 months ago (insane!). Houses here are being snatched up quickly and I've heard the Anacostia market is even hotter.

Hillcrest, likewise, saw a 35% increase in property values this year. I haven't read the U.T. article you're talking about, but here is one on Hillcrest:

http://dc.urbanturf.com/articles/blog/home_price_watch_hillcrest_where_median_sales_prices_have_risen_35_percent/9143

[Anonymous]

Anonymous wrote:Wow! All this love for SE! I'm surprised I wasn't the first one to mention Anacostia, Congress Heights, etc. I just saw an Urban Turf article that said the sold home prices for detached single family homes went up 28% this year in Anacostia.

Haha, I am pleasantly surprised, too. I live in SE (Fort Dupont Park) and our home has already been appraised for 20% higher than 7 months ago (insane!). Houses here are being snatched up quickly and I've heard the Anacostia market is even hotter.

Hillcrest, likewise, saw a 35% increase in property values this year. I haven't read the U.T. article you're talking about, but here is one on Hillcrest:

http://dc.urbanturf.com/articles/blog/home_price_w...ces_have_risen_35_percent/9143

[Anonymous]

Anonymous wrote: Hillcrest, likewise, saw a 35% increase in property values this year. I haven't read the U.T. article you're talking about, but here is one on Hillcrest:

http://dc.urbanturf.com/articles/blog/home_price_w...ces_have_risen_35_percent/9143

Your link is not working, did you mean this article?

http://dc.urbanturf.com/articles/blog/home_price_watch_hillcrest_where_median_sales_prices_have_risen_35_percent/9143

[Anonymous]

My understanding is that the Anacostia market's been hot for at least ayear or so but that buyers are mostly investors who are rehabbing homes and renting them. So, prices are going up and maintenance is improving which is awesome for the neighborhood but I agree it'll be a little bit before you see a groundswell of buyers who are also planning to live there. Hillcrest's a whole 'nother market where demand seems like it's always been strong but turnover very low.

[Anonymous]

Carver/Langston. It's the only thing near H Street that isn't priced insanely already.

[Anonymous]

PP from Congress Heights here. This is the Urban Turf article on the improving housing market in Anacostia.

http://dc.urbanturf.com/articles/blog/home_price_watch_anacostia_where_the_market_is_rising/9260

I was too lazy to post the link last time. I've watched housing prices rise in Congress Heights for the past couple of years at half the rate of Anacostia, approximately 15%, double digit appreciation. Not bad.

Not all of homebuyers are investors either. The houses that get flipped aren't all subsequently rented out. There's definitely families buying and moving in. Seriously, people don't know what they're missing out on.

[Anonymous]

Ft Dupont poster here

Yeah, I'm surprised by the person who said that flippers were renting out the places. All the flips in my neighborhood have been sold. Just these past 6 months there are have been two flipped houses, each bought for ~$150K and then sold for $399K and $420K, respectively. There's another flipped house pending for $440K one block over. I don't know of any renters here.

[Anonymous]

I think Congress Heights is the next hot area. It's close to 295, has a metro stop, plenty of available housing stock and friendly neighbors.

I honestly think with Mayor Barry no longer in the picture, you're going to start to see a new movement to settle East of the River. He was a bridge to the past and people hung on to him, but the city is ready for change.

[Anonymous]

Anonymous wrote:I don't know. SE but brightwood is already clean, quiet, safe and affordable

So are neighborhoods north of Rhode Island metro . . . Edgewood, western Brookland and thereabouts. I think that area will see boom before SE, but prices are probably higher there, too.

[Anonymous]

Bailey's Crossroad is going to blow up soon.

[Anonymous]

Anonymous wrote:Bailey's Crossroad is going to blow up soon.

Because of all the Muslims there? That's racist.

[Anonymous]

anacostia