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Andrew Kohn

District Sales: February 2009 [By Neighborhood]

05-09-09
Andrew Kohn

Interesting...Old City seems to be the hot spot!

http://www.dchousingprices.com/2009/05/district-sales-february-2009-by.html

Washington DC: CAUTION my Borderstan residents....muggings galore!

05-09-09
Andrew Kohn

An upshot in Borderstan (14th St. area) armed muggings...

http://14thandyou.blogspot.com/2009/05/r-street-muggings.html

"Courtesy of neighborhood crime-watchers Borderstan, we learn of someRather unsettling news: three muggings during the past week, all along R Street between 13th and New Hampshire..."

Washington DC: District Home Sales Remain Remarkably Similar From 2008-2009

05-07-09
Andrew Kohn

Remaining pretty steady...

http://www.washingtoncitypaper.com/blogs/housingcomplex/2009/05/07/district-home-sales-remain-remarkably-similar-from-2008-2009/

"So this is interesting. This MRIS graph compares home sales in the District within the range of $30,000 to $500,000 looking at March 2009 in the left column and March 2008 in the right column. Sure, everything’s down a tiny bit year-over-year. But not by much."

Total Sold Dollar Volume: $ 202,925,321 $ 210,508,482 - 3.60 %
Average Sold Price: $ 508,585 $ 535,645 - 5.05 %
Median Sold Price: $ 375,000 $ 399,500 - 6.13 %
Total Units Sold: 399 393 1.53

D.C. Eyeing Stimulus Funds for Foreclosed and Abandoned Properties

05-07-09
Andrew Kohn

http://www.washingtoncitypaper.com/blogs/housingcomplex/2009/05/07/dc-eyeing-stimulus-funds-for-foreclosure-and-abandoned-properties/

"Thus far, D.C. hasn’t been known for its foreclosure crisis. But according to this Washington Business Journal article, the city will be applying for a HUD stimulus grant to rehabilitate foreclosed and abandoned properties here. Money could also be used for the Home Purchase Assistance Program, which had to reduce assistance levels last fall..."

A Tale of Two Exurbs

05-07-09
Andrew Kohn

The need to drive...and drive...

http://prospect.org/cs/articles?article=a_tale_of_two_exurbs

"Leesburg, Virginia, is the archetypal American exurb. Named after an ancestor of Robert E. Lee, it is the seat of Loudoun County, 35 miles northwest of Washington, D.C. -- the farthest true suburb west of Washington. To its west are small towns and a few remaining farms; to its east are highways lined with chain hotels, mega-malls, and the office towers of the defense contractors powering the recent growth in Northern Virginia's economy and population. In 2004, Loudoun was the nation's fastest-growing county, and median home prices were rising by about one-fifth every year. In 1990, Leesburg had only 16,000 people. Now it has 38,000."