With today’s uncertain economy unemployment at 9.1%, is it smarter to rent or buy and how do these factors affect landlords? The 800-pound gorilla in the room for real estate values is Standard & Poor’s downgrading of U.S. credit from triple-A to AA+. Fortunately, the preliminary findings are that the downgrade will not have a negative [...]

Construction financing and equity for building condos in top locations in the DC market? Check. People actually buying condos? Check. DC pricing trends still looking incredibly stable? Check.  Washington, DC area developer Jim Abdo’s Gaslight Square has already pre-sold almost $12MM of product off of floor plans and a fenced-off site alone. Here we go again!
Do [...]

This is the first in an exciting new series of blog posts from guest authors. The following post is from a veteran commercial broker in various major U.S. markets, who will write under the name Garry Owen. Enjoy, and let us know your thoughts on what he says!
- Bruce
 
Are We Betting On the Come Again? [...]

A lot of my colleagues did not have an open home last week and went off on a long break. We had open homes and confirmed that it was a good time to have them.
The people coming through were buyers that needed to find something quickly. As we were one of the few to have [...]