by jtadmin | Jan 20, 2021 | Life in the DMV
The percentage of cash home sales in DC in 2020 dropped compared to previous years, likely the result of borrowers taking advantage of record low interest rates. 8,744 homes sold in the District through the first 11 months of 2020 — and 15 percent of those homes went...
by jtadmin | Nov 25, 2020 | Life in the DMV
Many businesses have been forced to shift their expectations and approaches this year, and Kinder Haus Toys in Clarendon is no exception. The toy store, located at 1220 N. Fillmore Street, already faced the test of keeping up with online competition before the...
by jtadmin | Oct 28, 2020 | Life in the DMV
In case you need more evidence of how hot the local housing market has been this year, home seller profits have shot up over the past six months. Homeowners in the DC area who sold in the third quarter of 2020 saw an average profit of $92,100, according to the latest...
by jtadmin | Oct 7, 2020 | Articles, Life in the DMV
Exceptional demand for new and existing homes, brought on by the stay-at-home culture of the coronavirus pandemic, has the housing market severely depleted. Sales of newly built homes jumped to the highest level in 14 years in August, but builders’ supply dropped to...
by jtadmin | Aug 26, 2020 | Life in the DMV
Revenue from toll lanes on the Capital Beltway and Interstate 95 in Virginia all but dried up in the spring, plummeting by nearly 90% compared to a year ago, as drivers stayed home amid widespread coronavirus restrictions. That’s according to new figures revealed in a...