Tuesday, November 13, 2012

Morning Real Estate Fix


Mt. Rainier selects development team for liquor store site (Gazette)  After a long transition, the County Council has selected the Neighborhood Development Company as developer for the 33,000 s.f. parcel on Rhode Island Ave., one of a number of parcels the county hopes will transform the town.

Doing the math on the cost of DC's height limit (Slate)  As Congress asks questions about the federal law that limits building heights in DC, a quick math calculation suggests that the cost of the limits to the city is $1.4 billion, though that ignores other costs.

More cash sales changing buyer dynamics (RealEstateRama)  "A tremendous increase in cash buyers" has seen such transactions surge from 10% to 30%, an all time high.

Are walkable neighborhoods the future? (Washington Post)  Well, not for everybody, but they are certainly increasing quality of life for those taking advantage of them, and planners are taking note.

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