Washington Area Home Prices Up!- Wash Biz Journal Reports

Washington home prices up 8.1%


Washington Business Journal - by Jeff Clabaugh

Date: Thursday, February 10, 2011, 10:46am EST .
Sales of existing homes jumped 15.4 percent in the final quarter of 2010, while prices rose in more than half of the nation's cities. The Washington market posted one of the biggest year-over-year gains in prices, according to the National Association of Realtors.
Existing home prices were higher in 78 markets, including ten with double-digit increases.

Read more: Washington home prices up 8.1%
Washington Business Journal

White Flint, An extension of the 355 Corridor?

White Flint 2020 = Ballston 1990

Posted by Lydia DePillis on Jan. 28, 2011 at 5:46 pm

Like a suburban string of pearls. (Delta Associates)

Is Wisconsin Avenue a "Corridor"? Not yet, in the sense of having nodes of walkable residential town centers strung together by fairly continuous commercial development. Few office tenants would think of White Flint, Maryland as a viable alternative to Bethesda or Chevy Chase, which are favored by retail, restaurants, proximity to D.C., nice public spaces, and lots of high-quality housing stock.
Delta Associates, the folks who bring you detailed reports every quarter on the area's economic fortunes, think all that will change with the redevelopment of the White Flint. The whole point of the town's award-winning sector plan is to create more of a "there" there, but Delta takes a more linear view in a new white paper, forecasting White Flint's future relative to its wealthy neighbors to the south.

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