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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.
Two recent surveys show that Washington-area residents face one of the country's biggest gaps between wages and housing prices, which analysts warn could blunt the city's attractiveness to talented workers.
Delinquency and foreclosure rates among Washington-area homeowners continued to trend lower in January, mirroring a national decline.
New data out from the George Mason University Center for Regional Analysis and RealEstate Business Intelligence show February home prices and home sales high. In fact, sales this year were at their highest February level since 2007.
In today's real estate market, there is proof that sellers have the upper hand.
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