Wednesday, November 28, 2012

Morning Real Estate Fix

Developers gobbling up Rhode Island Ave. (Washington Post)  With less developable land available downtown, some traditional developers are eyeing - and buying - land near the Rhode Island Avenue metro stop, and farther out.

6 questions for defenders of DC's height limits (Atlantic Cities) Limiting downtown construction has had the effect of making DC one of the most expensive places to live and rent office space in the country, so why does it persist?

A few reasons the commercial real estate market may not rise like NAR thinks (Globe Street)  The NAR's prediction that commercial real estate will improve, albeit modestly, fails to note the fiscal cliff and implications of Dodd-Frank.

DC home price gains are highest in the nation (Washington Business Journal) FHFA statistics show DC area home prices up 15% over this time last year, second only to Arizona.

Groundbreaking on new Reston apartment building (Multihousing News)  Renaissance Centro has broken ground on Parc Reston, a 360 unit apartment building.



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