Entries by John Freeland

Why There Could Be A Lot More Accessory Dwellings Coming to Montgomery County

By Nena Perry-Brown posted July 24th, 2019 on dc.urbanturf.com A rendering of an accessory dwelling in DC, courtesy of ArchiTextual. Depending on who you ask, Montgomery County took a major step toward single-family houses becoming an endangered class of real estate  on Tuesday. The County Council unanimously approved a bill which amends some of the restrictions […]

U.S. New Home Sales Picked Up in June

By David Harrison and Harriet Torry posted July 24, 2019 on realtor.com Patrick T. Fallon/Bloomberg via Getty Images WASHINGTON—Home-buyers bought more new homes in June, a bright spot in the beleaguered housing sector. Purchases of newly built single-family homes increased 7% from the prior month to a seasonally adjusted annual rate of 646,000 in June, the Commerce Department said […]

Having a Professional on Your Side Makes All the Difference!

 By SimplifyingTheMarket Staff posted July 25th, 2019 on simplifyingthemarket.com In today’s fast-paced world where answers are a Google search away, there are some who may wonder what the benefits of hiring a real estate professional to help them in their home search are. The truth is, the addition of more information causes more confusion.   Shows like Property […]

The Yellow Line Rent Watch Returns

By Nena Perry-Brown posted July 22nd, 2019 on dc.urbanturf.com Median one-bedroom rents along the Metro lines. Click to enlarge. Shortly after Amazon selected northern Virginia for its second headquarters, UrbanTurf took a look at rental rates along the Yellow Line, which hosts the three Metro stations closest to the HQ2 campus — Crystal City, Pentagon City, and National […]

D.C. home sales hit record median price for June

  By Andrew Giambrone posted July 18th, 2019 on dc.curbed.com Half of the homes sold last month were on the market for 16 days or less Rowhouses in Shaw Shutterstock The median price for District home sales reached a new June record of $620,000 last month, according to the Greater Capital Area Association of Realtors (GCAAR). […]

Montgomery County Lost Brick-and-Mortar Businesses Last Year

By Adam Pagnucco & Dan Schere posted July 10th, 2019 on bethesdamagazine.com Preliminary data shows slow economy in Montgomery County Montgomery County had sluggish employment growth in employment and a net loss in businesses in 2018, according to preliminary data from the Bureau of Labor Statistics (BLS). Employment in Montgomery County grew by 0.5% in 2018, […]

The Housing Slowdown May Be Ending: What Buyers, Sellers Need to Know

By Clare Trapasso posted July 9th, 2019 on realtor.com Justin Sullivan/Getty Images The much discussed—and, in some quarters, much feared—housing slowdown may be coming to an end. The real estate softening that began last summer, marked by a surge in homes hitting the market and fewer sales after years of crazy-high annual price growth, may […]

Dozens Of People Had To Be Rescued Amid Emergency Flash Flooding

By Rachel Sadon posted July 8-9th, 2019 on dcist.com Flooding submerged cars in the Waverly Hills neighborhood of Arlington Tyrone Turner / WAMU This story was last updated at 4:18 p.m. One woman was trapped in her car with her six-year-old daughter in the back car seat on Columbia Pike. A man made a phone call from the top of […]

D.C. may ban overnight rides on shared electric scooters

By Andrew Giambrone posted July 2n, 2019 on dc.curbed.com Local lawmakers are considering comprehensive regulations for the devices Bird scooters on K Street NW (2019) The Washington Post/Getty Images A recently proposed bill may put the breaks on the steady growth of electric scooters in the District. As introduced, the bill would prohibit people from riding shared electric scooters between […]