Headlines: Arts coming to Dupont Underground; How will DC fund new United stadium?

By December 17, 2014 Uncategorized
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Here’s a look at what’s happening in real estate in and around the District of Columbia.

Housing gets more affordable: Why aren’t more millennials buying?

The problem may also be geographic. Rent gains are cooling slightly, with a slowdown in 14 out of the 25 largest rental markets, according to a new report from Trulia, but high rents still plague the youngest adults. -CNBC

DC neighborhoods with best price appreciation on 2014

Using legal subdivision data provided by RealEstate Business Intelligence (RBI), UrbanTurf dug into the neighborhoods where median sales prices rose the most between the first ten months of 2013 and the same period this year. -Urban Turf

Even in cold weather areas, winter is still a good time to buy and sell a house

Winter — officially Dec. 21 through March 20 for the upcoming season — can be a surprisingly advantageous time to list, shop, negotiate and buy. -Washington Post

Borrow it: How DC will fund its share of the DC United stadium

Two weeks after the D.C. Council adopted a stadium financing plan that he deemed “clearly unlawful,” Mayor Vincent Gray has submitted his legislative proposal to generate the roughly $139 million D.C. will need to acquire the land and prepare the Southwest site for construction. -Washington Business Journal

It’s official: The arts are going underground in Dupont

The Arts Coalition for the Dupont Underground has signed a lease with the city to transform a vacant former trolley space under Dupont Circle into an arts exhibition hall and event venue, the coalition announced today. -Washington City Paper

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