Water, anyone?
Read the DP for more." The changes that would be made to the reservoir - raising the dam by four feet and dredging - are unlikely to be approved by state and federal regulators because of their environmental impacts, Bill Ellis said Thursday at a…
Growth, it is a comin’
From the WashPost - "The Supreme Court did what some on the pro-development majority on Loudoun's Board of Supervisors have wanted to do since taking power last year. Supervisors who have long slammed the controls as an infringement on property rights appeared delighted with the…
Offer letters
Why do I write one for each and every one of my buyer-clients?... Money certainly doesn't hurt, but in this day and age where Sellers are realizing extraordinary profits in startlingly short timeframes, occasionally the personal introduction makes a difference. Those sellers who are seeing…
From Inman news
The real estate boom experienced by much of the nation during the last several years was part of a predictable economic cycle, according to a study released by First American Real Estate Solutions.The study, "The Cycle Turns," identifies predictable forces and trends that occur in…
National statistics
"Ofheo (Office of Federal Housing Enterprise Oversight) says that average home prices rose 11.17 percent from the fourth quarter of 2003 to the fourth quarter of 2004.... But what happened to home prices just in those last three months of 2004?... Average home prices rose…
Interesting perspective from Michael Kinsley
"Perusing the real estate ads like pornography and imagining what our houses are worth is the great American pastime.... The 19th-century American Henry George explained how rising real estate values harm the economy by operating as a tax on both labor and capital.... Money for…
Government’s impact on housing
"In markets for, say, carrots or cars, rising demand raises prices in the short run.... But houses are no ordinary good: when demand for them rises, increasing the supply can be difficult. Not only do they take time to build: building them at all can…