Real Estate News

DC Real Estate News

Earlier
As the spring real estate season takes hold, the listing price of two high-profile Baltimore-area homes have dropped. Baseball legend Cal Ripken Jr.'s sprawling Worthington Valley estate is now listed at $9.75 million, down from $12.5 million when it first hit the market in September 2016. And author and video game [...]
Tue, Apr 25, 2017
Source: Washington DC Real Estate News
Lenkin Co. President Edward Lenkin said Friday that recent allegations of housing discrimination "do not reflect who we are as a company." The D.C.-based construction and property management firm was sued last week by an equal rights group, which said the company turned away testers posing as potential apartment renters holding [...]
Fri, Apr 21, 2017
Source: Washington DC Real Estate News
National homebuilder Toll Brothers Inc. has reached a deal to acquire and tear down an aging office building near the future Reston Town Center Metro station with plans to build more than 50 townhouses at the site. Toll Brothers (NYSE: TOL) will acquire the 69,000-square-foot Reston International Center later this year [...]
Tue, Apr 18, 2017
Source: Washington DC Real Estate News
A civil rights group is suing The Lenkin Co., alleging the construction and property management firm refused to rent units to potential renters holding housing choice vouchers. The Equal Rights Center, a civil rights organization advocating for equality in housing, says the company is in violation of the D.C. Human Rights [...]
Thu, Apr 13, 2017
Source: Washington DC Real Estate News
Young home buyers today don't equate home ownership with the American dream, but they do in large numbers view it as beneficial for their long-term financial standing, according to newly available data from Bank of America. BofA's second-annual Homebuyer Insights Report, released this morning, reports that 80 percent of millennial homeowners [...]
Wed, Apr 12, 2017
Source: Washington DC Real Estate News

DC Business News

Today
Greater Washington will have to say goodbye to its first and only purveyor of “technical cashmere”: Vancouver company Kit and Ace is reportedly closing all of its stores outside of Canada. The closures were announced by the company Wednesday, according to Canadian media outlet The Globe and Mail and several others. [...]
Wed, Apr 26, 2017
Source: Washington Business Journal News
President Donald Trump introduced his much-anticipated tax reform plan Wednesday, aimed at simplifying the tax code for individuals and lowering tax rates for businesses. Key provisions of the proposal include paring down the number of tax brackets for wage earners from seven to three — of 10 percent, 25 percent and [...]
Wed, Apr 26, 2017
Source: Washington Business Journal News
Good news for Alexandria design-lovers and bargain hunters: the former Sports Authority space in Potomac Yard will become a HomeGoods after the current Restoration Hardware pop-up closes. The RH outlet version of housewares store Restoration Hardware has been hosting a warehouse sale in the space for the past three weekends, and [...]
Wed, Apr 26, 2017
Source: Washington Business Journal News
General Dynamics Corp.'s (NYSE: GD) government IT business, which has lately had an impressive run despite a sluggish overall market, slowed down in the first three months of 2017 as President Donald Trump took office. The Fall Church-based defense firm's Information Systems and Technology division saw revenue fall to $2.15 billion [...]
Wed, Apr 26, 2017
Source: Washington Business Journal News
District-based EverFi Inc. has raised a whopping $190 million in a new funding round, the education technology company announced Wednesday. About $150 million of the new round comes from The Rise Fund, a global impact investing fund led by Fort Worth, Texas-based private equity firm TPG Growth, and co-founded by TPG [...]
Wed, Apr 26, 2017
Source: Washington Business Journal News

Southern CA Real Estate News

Earlier
The San Diego County median home price reached $515,000 in March, its highest point in a decade and a 7.7 percent increase in a year, real estate tracker CoreLogic reported Tuesday. The median price had been below half a million dollars since October last year, which had some analysts surmising... [...]
Tue, Apr 25, 2017
Source: Southern CA Real Esate News
U.S. home prices rose steadily in February as more buyers chased fewer available properties, a trend that many analysts say may not be sustainable. The Standard & Poor's CoreLogic Case-Shiller national home price index, released Tuesday , increased 5.8% in February, the most in 32 months. Such... [...]
Tue, Apr 25, 2017
Source: Southern CA Real Esate News
A Venice residence made famous on the series “Californication” has sold for $14.6 million, a record for the beachfront neighborhood, public records show. The home that sits on a lot of 7,500 square feet in the Silver Triangle consists of four permanent structures connected by three bridges that... [...]
Mon, Apr 24, 2017
Source: Southern CA Real Esate News
Dear Liz: In 2010 I was laid off from my construction management position. I was unable to find work for 28 months. The bank tried to foreclose but I was able to arrange a short sale of my home in March 2012. Shortly after that, my unemployment benefits ran out [...]
Sun, Apr 23, 2017
Source: Southern CA Real Esate News
Mike Dirnt, bassist for the band Green Day, is ready to beat it out of two coastal California neighborhoods. He's put homes in Newport Beach and Montecito on the market for $3.8 million and $4.8 million, respectively. The Newport property, built in 1967 and recently updated, sits on a corner [...]
Sat, Apr 22, 2017
Source: Southern CA Real Esate News