DCMud presents the Morning Real Estate Review, published each morning to give you the latest housing economics and real estate news for the Washington D.C. area.
Housing Prices Slightly Lower (National Association of Realtors) Values of single family homes in U.S. metropolitan areas were down, but only slightly, in 109 of the 151 markets surveyed for Q2, compared to Q2 of 2010. 41 market areas rose in price, 1 stayed the same. The average condo price in the U.S. was $169,000, 3.5% below the same period last year.
Saving History (DC Gov): The DC Historic Preservation Office has accepted nominations for three landmarks and one proposed historic district:
Bunker Hill Elementary School, 1401 Michigan Avenue, NE
Dorsch's White Cross Bakery, 641 S Street, NW
Recorder of Deeds Building, 515 D Street, NW
Old Naval Observatory Historic District, 2300 E Street, NW
Commercial real estate tax boom (WBJ) Tax receipts by DC from real estate transactions are on the rise, lead by commercial real estate.
Washington D.C. real estate news