Springfield
REAL ESTATE
Dan Snyder’s Virginia mansion, estate on market for $60M
FAIRFAX COUNTY, Va. (DC News Now) — The Mount Vernon estate of former Washington Commanders owner Dan Snyder hit the market. The asking price for the 16.5 acres along the Potomac River: $60 million. The property listing on TTR Sotheby’s International Realty’s website says River View is the largest privately-owned parcel of George Washington’s original […]
Maryland among the toughest states in the nation for renters who depend on affordable housing
BALTIMORE - In Maryland, the dream of finding affordable housing is becoming increasingly out of reach for many residents, as rent prices continue to skyrocket. A recent report by "Out of Reach" highlights the severity of the situation, placing Maryland among the toughest states in the nation for renters.According to the report, Maryland now ranks as one of the most challenging places to secure affordable housing. This revelation underscores a growing crisis that is affecting thousands across the state, from urban centers to suburban communities.Diana Lyles, a longtime Howard County resident who is facing imminent displacement due to staggering rent...
Tishman Speyer Sells Downtown D.C. Office Building for $140M
New York-based real estate giant Tishman Speyer has sold 2000 K Street NW, a downtown D.C. office property, to Spear Street Capital for $140.2 million. Tishman Speyer sold the building located two blocks east of Washington Circle that it spent millions renovating just before the pandemic, according to the Washington Business Journal. Spear Street secured a $103 million acquisition loan from Germany-based DekaBank for the deal.
Bright MLS Weekly Market Report
New listings surge after a slow week. The week ending July 14 had 6,421 new listings come onto the market, a 36.0% surge from the holiday week. The number of new listings is 11.6% greater than the same week last year. Supply has generally been increasing since the beginning of the year, though inventory is still low in many local markets.
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