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Andrew Kohn

Washington, DC: The City Forces Developers to Sell Cheap Condos. But Can You Find Them?

07-08-09
Andrew Kohn

http://www.washingtoncitypaper.com/blogs/housingcomplex/2009/07/08/the-city-forces-developers-to-sell-cheap-condos-but-can-you-find-them/

"In mid-June, Angela Peltzer moved into her brand-new condo at 14th Street and Florida Avenue NW with views of the Capitol, the Washington Monument, and possibly the Anacostia River..."

Washington, DC: Tysons Corner, the "New" Downtown

07-08-09
Andrew Kohn

http://www.metrodcliving.com/2009/07/tysons-corner-the-new-downtown.html

"Fairfax County EDA boss is very confident that with Dulles Metrorail coming in to Tysons, it will make Tysons Corner the new downtown..."

Washington, DC: Huge 929-Unit Development Proposed for Ft. Totten

07-01-09
Andrew Kohn

http://www.washingtoncitypaper.com/blogs/housingcomplex/2009/06/30/huge-929-unit-development-proposed-for-ft-totten/

"So finally, some uplifting news out of the Ft. Totten area: The Morris & Gwendolyn Cafritz Foundation has conceived of a colossal development project for the neighborhood, complete with a Children’s Museum, 929 residential units (431 of which will be designated mixed-income, and 98 of which will be Senior/Affordable). The project, shown below, sits directly east of the metro stop, and Ft. Totten Station, Clark Realty’s 300 market-rate units. (Plenty more pictures below, and check back for more news later today.)..."

Washington, DC: D.C. Condo Prices Down 2.6 Percent in the Last Year

06-29-09
Andrew Kohn

http://www.washingtoncitypaper.com/blogs/housingcomplex/2009/06/29/dc-condo-prices-down-26-percent-in-the-last-year/

"The Lacey, a boutique 26-unit condo building at the corner of 11th and Florida NW, has released another set of price drops after a previous round in May (see below the jump). Over the weekend, someone asked me how the condo market was faring, and whether prices in D.C. had dropped substantially. Well, Delta Associates has a new report coming out soon, showing that prices for new and converted D.C. condos have fallen 2.6 percent in the last year—so not considerably. In NoVa, the drop was only 2.9 percent. But in Maryland, it was more substantial: 7.6 percent..."

Washington, DC: First American CoreLogic: Wash-Arlington-Alexandria Home Prices Decrease..

06-24-09
Andrew Kohn

http://www.metrodcliving.com/2009/06/first-american-core-logic-washarlingtonalexandria-home-prices-decrease.html

"According to the latest LoanPerformance Home Price Index from First American CoreLogic, even though Washington-Arlington-Alexandria home prices have decreased by -13.84 percent in April, it's an improvement from March. In March, the home prices showed a decrease of -14.09 percent from a year ago. Across the U.S., the national housing price fell -10.2 percent in April compared to a year ago, which represents the smallest year-over-year declined in 2009..."