John Akhavan Real Estate Agent

John Akhavan

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300 MPH, 18 Million Riders: How the Maglev Might Impact Traffic and Transit in the DC Area

By Nena Perry-Brown - January 19, 2021
The Federal Railroad Administration and Maryland Department of Transportation-Maryland Transit Administration recently released an environmental impact statement (EIS) for the proposed maglev train that would shuttle passengers between DC and Baltimore in 15 minutes. Based on plans and projections, here's how the project would change traffic and transit in 25 years. How the Maglev Would Run Th
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$2 Million and Up: Luxury Home Sales in DC Rise 24% in 2020

By UrbanTurfStaff - January 15, 2021
2020 was one of the best years on record for luxury home sales in the District. An analysis by UrbanTurf, with data provided by Bright MLS, found that 278 homes in DC sold for above $2 million last year, a 24% increase compared to 2019. The number of luxury home sales amounted to about 3 percent of total sales in the city last year, a percentage that is in line with previous years. As for wh
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$18 Million: DC’s Priciest Condo Ever Hits the Market in Georgetown

By UrbanTurfStaff - January 12, 2021
DC has been known as a city where the highest price tags for residential real estate belong to single-family homes. That just changed. A penthouse at the Ritz-Carlton in Georgetown hit the market on Tuesday for $18 million, which is the most expensive asking price on record for a condo in Washington, DC. The condo is listed with Mark Lowham and Matt McCormick of TTR Sotheby's International Realt
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Bezos, Scherzer, Howard: The Year in Celebrity Real Estate in DC

By UrbanTruf Staff - December 22, 2020
Washington, DC is not a very active market when it comes to celebrities buying or listing residential real estate. However, 2020 was a year in which a few bold-faced names made real estate headlines in the region Below, UrbanTurf takes a look back at some of those properties. Dwight Howard Puts Massive Capitol Hill Loft on the Market Dwight Howard's tenure with the Washington Wizards only
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Rosslyn Holiday Inn Demolished to Clear Land for New Development.

By Anisa Holmes - December 13, 2020
A Holiday Inn in Arlington was demolished Sunday morning to clear the land for a new development. Several streets in Rosslyn were closed for much of the morning following the implosion of the building, located at 1900 Fort Myer Drive in Northern Virginia. The implosion was conducted by Controlled Demolition Inc. The Rosslyn Holiday Inn had been on Fort Meyer Drive for 48 years, seeing near-full
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Utilizing Your Outdoor Space as the Pandemic Drags Into Winter

By Sierra Hall - December 11, 2020
We are noticing a chill in the air and it's not just the fall weather. The days of socially distanced get-togethers in the warm air are unfortunately coming to an end. Since March, outdoor entertaining and living have been providing some sense of normalcy as the pandemic continues to upend our lives. Current Center for Disease and Prevention guidelines state that activities are safer if “they are
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Office Building for Sale at 507 Capitol Ct NE

By John Akhavan - November 22, 2020
SOLID INVESTMENT ON CAPITOL HILL Realty ONE Group Capital is proud to present this 3,490 square foot office building - part of a series of modern office townhouses - minutes from The US Capitol, Union Station and The Supreme Court. Ideally suited, among other things, for professionals, associations and lobbying firms, the property includes three renovated office units and two parking spaces lease
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DC’s Median House Price Rises Above $1 Million For First Time in October

By UrbanTurf Staff - November 11, 2020
DC home prices set two records in October The median home price came in at $675,000, a year-over-year increase of almost 17% and $15,000 higher than the previous record home price for the city, according to a new report out today from Bright MLS. However, prices for single-family homes in the city went through the roof. The median price for a single-family home crossed the $1 million t
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100% Loans Are Back

By John Akhavan - November 01, 2020
Most wealth is created through real estate. When banks lend 75%-85% of the value of property, buyers and investors are able to double their cash-on-cash investments (net worth) more rapidly than in most other businesses. Be alert: select banks are rolling out 100% loan programs for savvy borrowers that qualify. See some examples below and call/text me to discuss. 703 522 6444 Physician Mortgage
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Virtual Tours of 25 DC Area Developments

By UrbanTurf Staff - October 30, 2020
Below UrbanTurf has compiled virtual tours from large new developments around the DC region, as well as links to information about those projects, allowing readers to check out these new residences from the comfort of their home. DC Watkins Alley Watkins Alley is a new Capitol Hill development at 1309-1323 E Street SE (map) consisting of 44 condominiums and townhouses. The residences are s
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Did DC Have a Condo Boom in September?

By UrbanTurfStaff - October 16, 2020
Earlier this week, UrbanTurf reported on new housing data for the DC region that revealed a robust market in September that was largely the result of the strength of the condo and co-op sector. With the help of Bright MLS, UrbanTurf dug into the data to provide a little more context to the boom. A look at condo and co-op sales around the city reveals two things. First, there was indeed a huge ye
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Disinfection Rooms’ Become Trending Luxury Amenity

By Realtor Magazine - October 02, 2020
A sanitizing butler and UV robots are helping to take cleanliness to a new level in the home. Mudrooms are being rebranded as “disinfection rooms,” Forbes.com reports. Homeowners and their guests are using these newly defined spaces to help remove the spread of germs inside their homes. What does a “disinfection room” contain? Hand sanitizer and hand-washing stations, and some owners are also add
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