Posts Tagged ‘Washington D.C.’

Study: Washington D.C. Has the Strongest Commercial Real Estate Market in U.S.

K Street downtown
Yesterday the Urban Land Institute released its annual survey on commercial real estate across the country naming D.C. the number one "recession-proof city," ahead of San Francisco, Boston, Austin, and New York.
This is really no surprise. Though I recently posted on a vision—laid out by New York magazine—about artists transforming empty office spaces into [...]

Another Taneja Mansion Up for Sale!

Since July, I've been blogging about Vijay Taneja, the Bollywood producer and local real estate titan turned convict serving time for conspiracy in connection with a mortgage fraud scheme.
Why so many posts? Well, so many auctions! Such a sprawling portfolio of real estate.
In the last year, auctioneer Tranzon Fox has sold Taneja- owned properties in [...]

Graph: Comparing Washington D.C. and Metro Area Home Values 2004-2009

Zillow Home Value Index

More Washington D.C. Home Values

This graph exhibits the median "Zestimate valuations"—Zillow's estimated market value of properties—for Washington D.C. and the Washington region in the last five years. This graph was calculated on 09/09/2009.

Washingtonians Feeling More Confident About Housing Market

Fewer Washingtonians are willing to lower their home asking prices, according to a new report out by Trulia on Friday. The amount of price reductions has dipped 17 percent in the region's housing market, comparing June 2009 to August 2009 numbers.
Here are some other cities experiencing the trend:

Dallas, TX – 42% fewer price reductions
 Las Vegas, NV [...]

HGTV Casting in D.C.-Area for “My First Place”

HGTV is casting for its show "My First Place" in Philadelphia, Portland and the Washington D.C/Baltimore area. If the first-time home purchase process isn't daunting enough, the application for the show is twenty five questions long, with little more than a promise of a "once in a lifetime experience," "a specially chosen gift" for your [...]

Prince William County Ponders Ferry Service

View more news videos at: http://www.nbcwashington.com/video.
 
Prince William County is considering launching a ferry service to Washington D.C. Might this be the way to revive the area's foreclosure-battered real estate market?

Affordable Housing (Not Quite) a Top Priority in the DC Area

Some 14 percent of D.C.-area residents said that affordable housing (or lack thereof) was a leading concern in the region. Transportation issues came out on top, followed by "Economy/Jobs" and, well, you can read the rest.
The report was released today by the Metropolitan Washington Council of Governments (COG). The organization polled people from around the [...]

Rents Are Rising in Washington D.C.—Unlike Anywhere Else

A Woodley Park Apartment building
Well, Houston's the exception (incidentally the last major city I lived in).
But it's true: That city and the District are the only two major urban centers nationwide where rents are increasing or staying stable, according to Forbes magazine.
I experienced this trend myself last fall when my Columbia Heights rent rose [...]