Tuesday, February 28, 2012

Morning Real Estate Review

Pending homes sales rise in January (Wall Street Journal) Pending contract numbers rise above December and above this time last year. The forward-looking trend is the highest since 2010, at the end of the home-buyer tax credit.

Architectural billing index is up, construction expanding (Costar) The index of architectural work, up for the third straight month, points toward a slow recovery and future construction.

Changes to Cyrstal City skyline on the way (ArlNow) Vornado's plan for new development would create the largest office building in Arlington.

Greening DC's zoning code (Better Cities & Towns) New proposals for the zoning code mean less cars, green spaces, and adding zoning exceptions to squeeze greater use out of commercially restricted buildings.


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