Washington DC Real Estate
Luxury Washington DC Real Estate & Neighborhood Guide
Washington DC is an extraordinary place to live and visit. The nation's capital is a beautiful river city and cultural nerve center, well-chosen as the home of America's most revered institutions. Administered by a municipal government, and ultimately overseen by Congress, Washington, D.C. is carefully developed and maintained, offering many of the nation's most livable and diverse neighborhoods. The city's storied downtown is laid out in a classic French Baroque style, with monumental radial avenues making transportation easy and aesthetically pleasing.
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Washington is a medium-sized city by international standards, home to less than 700,000 people. But its downtown is the third largest in the U.S., behind New York and Chicago, and its economy tends to outstrip much larger cities due to its wide variety of federal contractors, international organizations, law firms, and universities. The influence of the U.S. federal government makes Washington virtually recession-proof relative to the rest of the nation, with jobs here often increasing during recessions. Washington is also consistently ranked among the top ten cities in the nation for its favorable business climate.
The DC Real Estate Market
Washington's prosperity and generous civic management have had a stunning effect on its real estate market. Dozens of local neighborhoods feature beautifully preserved historic areas, where rows of palatial mansions and colorful townhouses recall the city's early history, and offer tremendous investment potential. Newer areas highlight the city's commitment to smart, sustainable growth, in low-rise condo developments, affordable single family home sections, and thriving commercial districts