Invest with Taja
Taja Investments was formed over fifteen years ago to create investor wealth and positive impact in the Washington, DC Metropolitan area by acquiring, developing, and selling transit-oriented housing. Taja capitalizes on the wealth potential of real estate investments within the Washington, DC Metropolitan area. Our tried and true investment opportunities are structured to combine income, principal investment growth and elements of capital preservation. Investors will profit from the sale of newly renovated single-family homes, condominiums, and commercial retail space.
Economic and demographic growth momentum
Washington, DC is home to some of the nation’s top schools including Georgetown University, George Washington University, American University, Gallaudet University, and Catholic University further increasing the demand for student housing in these older urban neighborhoods.
The demand for Washington DC housing has grown, the metro area is struggling to meet demand due to a significant lack of inventory. With properties selling faster than ever before, it’s difficult to keep up with the demand.
According to Forbes Magazine, with mortgage rates stabilizing, “Millennials will continue to make up the largest segment of buyers next year, accounting for 45% of mortgages, compared to 17% of Boomers, and 37% of Gen Xers. While first-time buyers will struggle next year, older Millennial move-up buyers will have more options in the mid-to upper-tier price point and will make up the majority of Millennials who close in 2019. Looking forward, 2020 is expected to be the peak Millennial home buying year with the largest cohort of millennials turning 30 years old. Millennials are also likely to make up the largest share of home buyers for the next decade as their housing needs adjust over time.” — Danielle Hale, chief economist for Realtor.com
With Amazon moving part of its Headquarters to Arlington, VA beginning in 2019 and influx of 25,000 people, the need for housing in nearby DC will increase significantly.
Demand for housing near workplace
On average 671,678 people are employed in Washington, DC, with only 28% of people employed in Washington, DC, commuting from within the city, 33.5% commute in from Maryland suburbs and 22.7% from Northern Virginia. That’s over 55% of people employed in Washington, DC commuting in thus increasing the demand for housing within the city to be closer to work.
Convenient Public Transportation
Existing transit options make it easy for residents to get around the city without a car. Of the households in DC 35.4% do not own a car.