The Week in Real Estate
Every Friday, we round up the week’s real-estate news and gossip.
• We’re no California, but foreclosures in the District increased 16 percent from July to August. Virginia, on the other hand, experienced a 7 percent decline in foreclosures for the same period. [WBJ]
• According to Washington Business Journal, some of the area’s hottest neighborhoods are in Virginia. In addition to Ballston and Clarendon, the article mentions Shirlington and Columbia Pike as neighborhoods undergoing lots of development [WBJ via What’s Up Arlington]
• The city government is asking for proposals for the redevelopment of Park Morton, a public housing complex along Georgia Avenue in Petworth. [DCmud]