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The District sold the liens to 965 properties during its recently concluded tax auction, collecting more than $6 million in back taxes on real estate ranging from condos to dilapidated rowhouses to stately mansions.
Are D.C. apartment dwellers ready for New York-style, matchbox-sized apartments? One of the Big Apple's largest residential landlords, Aria Development Group, is betting $32 million on it.
It might not be noticeable to anyone buying a house or condominium in the Washington area, but the region has slipped out of the top five most expensive markets.
The D.C. tax sale list, featuring some 4,500 properties with back taxes totaling $38.2 million, was released Tuesday ahead of the mid-July auction.
Tags: tax sale
Sales of homes in the U.S. are at their highest level in 3 ½ years, rising 9.7 percent in the last 12 months. And the D.C. area is experiencing the same surge.
When stacked against states, no state comes close to long-term appreciation of home values in the District, where prices have nearly tripled in the last 22 years.
Horsham, Pa.-based homebuilder Toll Brothers Inc. has paid $30.1 million for a development site in NoMa, the publicly traded company's second development acquisition in the District as it seeks to expand its footprint in the Washington region.
The year seems to be starting off well for the building industry, according to a report by a Frederick County housing professional
A handful of new deals that could help to boost D.C.'s office market, which was virtually stagnant in terms of leasing activity for the first three months of the year.
Tags: McKissack & McKissack
MRP Realty and The JBG Cos. have started construction on The Alric, a 323-unit apartment building at 731 Seaton Ave. in Alexandria.
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