The summer doldrums weighted on the Mid-Atlantic markets in the Bright MLS service area, which recorded a 2.8% year-over-year decline in closed sales during July. Last month, there were 20,847 new pending contracts in the Bright MLS service area, down by 1.7% from the...
The DC Council voted 9-3 on Friday afternoon that approves plans for a new football stadium to accommodate the Washington Commanders. ESPN reports the council needs to hold a second vote on Sept. 17 on the issues but added that unnamed “multiple sources involved in...
Fair Isaac Corp. (NYSE: FICO) has hired a new lobbying expert to strengthen its position in Washington following a series of attacks against the FICO score provider by Bill Pulte, director of the Federal Housing Finance Agency (FHFA). Politico reports that John...
The Washington, DC metro area has a growing surplus number of homes for sale, according to new data from Redfin. Last month, the DC market’s total number of homes for sale were up 22.7% year-over-over, marking the third-biggest jump in records dating back to 2012....
The US Department of Agriculture (USDA) has announced a phased plan to vacate much of its office space in the National Capital Region (NCR) and relocate most of its staff to five hub locations across the country. The USDA currently has approximately 4,600 employees...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
