Catching Up As 2012 Begins
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UrbanTurf took its annual break last week, but that didn’t mean real estate news came to a complete standstill. For those that are curious what happened we were gone:
- Mortgage rates remained at record lows for the second week in a row, making it look like 4 percent is becoming the new normal.
- Pending home sales hit a 19-month high.
- ACKC closed in Logan Circle, but Taylor Gourmet will open tomorrow just a few blocks to the north.
- Construction on The Heights on Georgia Avenue, a mixed-use project at 3232 Georgia Avenue NW will begin this month.
and…
- DC area home prices rose just over a percent between October 2010 and October 2011.
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This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/catching_up_as_2012_begins/4837.
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