Thursday, December 01, 2011

Morning Real Estate Review

Pending home sales jump in October (Wall Street Journal) Pending home sales rose strongly in October and remain above year-ago levels, according to the National Association of Realtors.

A long night’s wait for affordable housing in Columbia Heights (Washington Post) Many low-income residents spend months or even years on the city's waiting list of 20,000 for public housing units or federal housing vouchers.

FOIA Permits Closer Look at Stanton’s Hine Development (EMMCA) While the Deputy Mayor’s Office cited “documented” community support... the office had no resident or conflict of interest screening mechanism by which to judge the letters of support that it received.

Historic Preservation Cases Get New Decider (City Paper) J. Peter Byrne, Professor of Law at the Georgetown University Law Center, takes over Mayor's Agent role, replacing Harriet Tregoning.

Washington D.C. real estate development news


Mose said...

The story about the "unexpectedly" high demand for affordable housing in Columbia Heights is something of an evergreen. "Affordable" housing means housing priced below market rates. By definition, demand will always exceed supply for below-market rate housing.


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