Real Estate News

by UrbanTurf, May 7, 2024 DC continues to get close to meeting Mayor Muriel Bowser’s goal of producing 36,000 new housing units by 2025. Approximately 34,389 units delivered between January 2019 and April 2024, per the latest data available on…
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Realtor.com, Feb 29, 2024 Homebuyers who are gearing up to shop the spring housing market might wonder whether the mortgage rate gods will smile in their favor. They’re right to worry: In October, rates hit a 23-year high of 7.79%…
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Each year, the Office of Revenue Analysis publishes a pair of tax burden studies, which compare the amount of taxes a hypothetical family of three would pay in DC to the taxes they would pay in surrounding jurisdictions and the…
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By DC Policy Center, Oct 3, 2023 In recent years, the District has lost population but gained households. This growth has been largely driven by singles living by themselves. By 2021, single-person households constituted 48 percent of all households in…
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By Washington Business Journal, March 3, 2023 Prince George’s County lawmakers on Tuesday passed a controversial bill imposing rent stabilization, often termed rent control, effective through 2024. The Rent Stabilization Act of 2023, which the county council approved 9-1 with…
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In the Washington Post, July 13, 2021 The D.C. Council adopted a plan on Tuesday to gradually put an end to a slew of protections that have shielded residents during the coronavirus pandemic, including prohibitions that kept landlords from raising…
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UPDATE – Apr 7, 2021 – DC Council Approves First Changes To Eviction Ban – Bis By The Washington Business Journal, Apr 2, 2021, D.C. lawmakers next week will consider allowing the first evictions since the outbreak of the Covid-19…
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While LLCs are a great way to hold real estate, they have costs that go along with them. Washington Post Q: Are there any lenders that will loan money to a limited liability company that wishes to put up free…
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DEJA VU! We first discussed the proposed FHA changes way back in June 2016, but the Federal Housing Administration did not finalize the rule changes until August 2019. The new rules will make a FHA mortgage loan available to many…
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A blitz by homeowners and Realtors fought off a surprise attack by the DC Council on homeowners. On May 13th, Councilman Grosso proposed a new tax in the District on expensive homes. The new tax would have raised the residential…
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