Friday, March 30, 2012

Morning Real Estate Review

District picks 6 pot cultivation centers (Washington Post) The 6, in far northeast DC, were chosen based in part on security needs.

Yes! Organic interested in Bruce Monroe site? (CityPaper) While Neighborhood Development Company mulls (long-term) plans for the site, Yes! says it might be interested in the location, Andy Shalal too.

Investment home sales surged 64% last year (Mortgage News Daily) Sales go from 749,000 in 2010 to 1.23m in 2011 as investors take advantage of bargain prices.

Home prices in DC show strength and stability
(Home Buying Institute) While 16 of the 20 markets declined in the recent Case Shiller numbers, February's numbers show a trend of rising home prices.


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