Running an Airbnb in the district? DCRA recently released the final rules for the enforcement of short-term rentals. No surprises, and a review of the most significant changes:
Short-term rentals must be operated by the owner of the unit;
Each owner-host must acquire a short-term rental license from DCRA;
Hosts with these licenses can admit guests for an unlimited number of nights while they are on the premises;
Accessory dwelling units (i.e. in-law suites) on owner-occupied premises also qualifies; and
Hosts can obtain a vacation rental license, permitting them to admit guests for a maximum of 90 days while they are out of town.
The developer of The Wharf in DC has big plans in Arlington’s Ballston neighborhood. The group has filed an application with Arlington County to replace the office and hotel buildings at 4600 and 4610 Fairfax Drive with a 504-unit development across two buildings.
During winter, there’s a better chance Washington buyers will get a night to sleep on one of the biggest investments of their lives. On average, properties here spend a median of 35 days on the market. But in January and February, that creeps up to 48 and 47 days. Come May, it plummets to 23.
Baltimore is quickly becoming an option for many folks working inside the Beltway. Before you start applying for mortgages, there is one major downside to consider—the commute.
Liquor store turned new Good Foods Market, DC’s Ward 8 just got its second grocery store.
