While always fully aware that Bellevue real estate will be in demand sooner rather than later, it’s nice when the numbers start to bear that out. Check out this snippet from the Washington Post—from a section of the article entitled “Hot neighborhoods”, no less:

Sale prices have risen 50 percent in the Bellevue, Congress Heights and Washington Highlands areas compared with August 2014. New listings were up almost 60 percent in Pleasant Plains compared with this time last year. Although Georgetown may seem a little less hip in comparison with the U Street Corridor and 14th Street NW, almost half of the sold homes in Georgetown went for more than their asking price in July, which shows that this venerable neighborhood is still desirable.”

Now THAT’S what I’m talking’ about!

We’re quickly drawing to a close of the inexpensive homes in the bad neighborhood(s) of DC. DC is so small that all of its homes will inevitably command some kind of premium.

A friend has submitted 4 good offers for Bellevue properties that were quickly snatched up by the fastest, richest bid. So, if you’re considering Bellevue or any of its close neighbors—run, don’t walk—to your nearest ATM and get your home purchase loot dispensed (‘cuz cash is winning, y’all . . . hard). And with the advent of the 11th Street Bridge Park, National Harbor’s MGM Grand Hotel & Casino, Anacostia’s Busboys & Poets, the Wizards & Mytics’ training facility and arena, the Eastover redevelopment, and many other initiatives in an ever-increasing pipeline, take a picture of today’s Bellevue . . . cuz it’ll look very different than it does today.

s | m

[ The Washington PostThe weather is cooling, but the D.C. housing market isn’t