The Week in Real Estate
Every Friday, we round up the week’s real-estate news and gossip.
• A buyer’s agent’s nutshell explanation of the real-estate market: More people are buying homes, but prices of properties have fallen significantly. [Washington City Paper]
• StonebridgeCarras, the developer behind the new Department of Justice building in the NoMa neighborhood, is having a hard time finding lenders for further financing. [WBJ]
• NPR sold its headquarters on Massachusetts Avenue to Boston Properties for a reported $119.5 million. [Bisnow]
• The Festival of the Building Arts is tomorrow at the National Building Museum and will feature architects, engineers, and other pros from the world of construction and design. Check it out! [Open House]