Real Estate

A progressive tax on high-value properties has been introduced by Councilmember David Grosso in order to generate revenue for D.C.’s budget priorities.

One in every five individuals aged between 23 and 37 in the D.C. area lives with their mothers, according to a report released by Zillow.

The D.C. government has renovated and reopened the Robinson Place Apartments as an affordable housing unit for those in need of a place to live in.

The West End Library and the Cleveland Park Library have won American Institute of Architects (AIA)'s D.C. Chapter Design and Urban Catalyst awards.

The Washington, D.C. area ranks sixth in the United States for the volume of scheduled new office constructions in 2019.

Alicia Skoug has been promoted as the new President of the Washington, D.C. Division of Drees Homes, which is the 30th largest homebuilder and the 12th largest privately held homebuilding company in the country, it was announced on April 3.

D.C. commercial real estate software company Aquicore has acquired the Florida-based software-as-a-service firm Entic, the company announced in a press release on March 26.

The city’s investment in housing will be increased in the coming year by $55 million following a 30 percent rise in funding for D.C. Housing Production Trust Fund which provides affordable housing services, D.C. Mayor Muriel Bowser announced in her first State of the District Address of her second term at the University of District of Columbia on March 18.