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Real Estate

HUD Secretary Ben Carson on hand to congratulate seven housing voucher recipients in DC who just…

Jake Maher Jun 24, 2019

At a recent celebration, U.S. Department of Housing and Urban Development Secretary Ben Carson personally congratulated the most recent class of seven new homeowners for successfully completing the DC Housing Authority’s little-known Home…

WTOP: 5 DC neighborhoods saw the biggest rent hikes in the last year

Editor May 18, 2019

Averaging out the top 100 largest cities in America, a one bedroom rents for under $1,400 a month — up a modest 4.3% in the last year. But that’s a minor increase compared to what some D.C. neighborhoods have seen.

Bisnow: Douglas Sells 100-Year-Old Dupont Circle Building For $6M

Editor May 13, 2019

A 100-year-old building near Dupont Circle with retail and office space has just traded hands.

UrbanTurf: DC Area Home Prices Hit Record High in April

Editor May 13, 2019

The DC-area housing market roared back in April.

WTOP: DC-area home prices hit 10-year high

Editor May 13, 2019

The median price of a house or condo sold in the D.C. metro area in April was $475,000, up 5.6% from a year ago — and the highest overall monthly median sales price in the last decade.

Washington Business Journal: These are D.C.’s most valuable taxable properties. Plus, what…

Editor May 10, 2019

The estimated value of all taxable real estate in D.C. is $153 billion. The 10 properties in the gallery above — the most valuable taxable properties in the District — account for 2.64% of that, or about $5.6 billion.

UrbanTurf: A Mansion Tax? DC Councilmember to Propose Tax on Million-Dollar Residential Properties

Editor May 9, 2019

Councilmember David Grosso is proposing another source of revenue generation for DC: seven-figure residential properties.

Bisnow: ‘That Needs To Stop’: Top D.C. Developers Blast City Leaders For Proposed CRE Tax Hikes

Editor May 9, 2019

D.C. appears on the verge of raising taxes on commercial real estate and property transactions, upsetting many of the city's top developers who say the tax will hurt small businesses and worsen the office market.

UrbanTurf: DC Offers Program to Provide Relief to Homeowners Behind on Reverse Mortgages

Editor May 7, 2019

While reverse mortgages have regained favor in the housing market, a DC agency is aiming to make the mortgages less risky.

Bisnow: Nationwide EB-5 Investment Falling, But Foreign Investor Program Still Financing Several New…

Editor May 3, 2019

At least seven new D.C. developments are currently moving forward with funding through the EB-5 program, even as visa backlogs and political uncertainty have decreased the overall flow of money coming into the U.S. from foreign investors…

WAMU: Realtor Charged With Bribing FBI Agent And D.C. Official To Get Private Info About Home Sales

Editor May 1, 2019

A Maryland realtor and a North Carolina-based FBI agent are facing federal bribery charges for allegedly working with a D.C. official to get inside information on pending D.C. home sales in which tenants would have the legal right to…

Bisnow: After Record Sale In 2014, The Woodley Is Back On The Market

Editor Apr 30, 2019

The buyer that set a D.C. record five years ago with its acquisition of a Northwest D.C. apartment building is now looking to sell the property.

Curbed: 10 economic records set in downtown D.C. in 2018, according to ‘State of Downtown’ report

Editor Apr 26, 2019

Some were highs, others were lows. And WeWork is now the District’s largest private office tenant

WTOP: Md. realtor, FBI agent accused of bribing DC city employee

Editor Apr 26, 2019

A D.C.-area realtor and developer and an FBI agent are charged with bribing a D.C. employee to get confidential information, and using it to make lucrative real estate deals in the nation’s capital.

Washington Business Journal: BID report: Downtown D.C. hits record high office vacancy rate, but…

Editor Apr 26, 2019

Downtown D.C. saw booms in development and tourism last year, but also notched a record-high office vacancy rate and sluggish employment growth, according to a new report.

UrbanTurf: A First Look at the Newest Condo Building Coming to Walter Reed

Editor Apr 25, 2019

Upwards of 2,000 new residences will be built as part of the Walter Reed redevelopment, and UrbanTurf recently got a look at what some of the new condominiums will look like.

Washington Post: From ‘Liz’ to ‘The Jason’: The bizarre trend of fancy apartments with human names

Editor Apr 22, 2019

To understand how a limestone-and-glass building on 14th and R streets NW ended up with same name as your high school best friend, it helps to know the origin myth.

UrbanTurf: Fierce Competition, But Pickier Buyers: The Climate of the DC Housing Market

Editor Apr 19, 2019

The 1700 block of Corcoran Street in Dupont Circle is a microcosm for the current climate of the DC housing market.

UrbanTurf: Is a Lack of Recreational Cannabis Dispensaries Keeping DC Home Prices in Check?

Editor Apr 18, 2019

Could the absence of a recreational marijuana dispensary network be keeping DC housing prices in check?

Bisnow: D.C. Apartment Rents Rise 2.5% Despite Slowing Absorption

Editor Apr 15, 2019

D.C.'s apartment market experienced unexpectedly strong rent growth in the first quarter, but a surge of new deliveries this year could put downward pressure on rents.

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Mayor Muriel Bowser last week withdrew — and then resubmitted — two controversial nominations for the Public Service Commission that would have otherwise been deemed disapproved at month's end.

District Links: Bowser, Pirro unveil legislation to address rise in domestic violence; Allen bill would enable…

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With domestic violence accounting for a growing share of homicides and assaults with a dangerous weapon in the District, Mayor Muriel Bowser and U.S. Attorney Jeanine Pirro today announced new…

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Moody's Ratings this week removed its negative outlook on DC's debt rating while noting "the District's very strong fiscal governance and prudent budget management."

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