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The credit score bar is rising for home buyers seeking the best mortgage rates, according to real estate data firm Zillow Inc.
For decades, baby boomers have dominated the market place. Now, as the youngest members of the post-World War II generation reach retirement, they continue to play a vital role in the Washington region's housing market.
Houston-based The Hanover Co. has acquired 6.9 acres at Shady Grove in Rockville and plans a 366-unit apartment project.
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.
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