The WPJ

Washington D.C.

Megawarehouse Lease Deals in U.S. Increase in 2024

According to a new report from CBRE, leasing of megawarehouses of 1 million sq. ft. or larger increased in the first half of this year as a wave of new construction completions led to a decline in lease rates for the category.

Foreign Investment in U.S. Residential Properties Plummet 21 Percent Over Last 12 Months

According to a new report from the National Association of Realtors, foreign buyers purchased $42 billion worth of U.S. existing homes from April 2023 through March 2024

U.S. Mortgage Rates Tick Down in Mid- July

Based on Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 6.89 percent as of July 11, 2024.

Mortgage Bankers Oppose Biden Campaign's Nationwide Rent Control Proposal

This week the Mortgage Bankers Association President and CEO Bob Broeksmit released the following statement on President Joe Biden's campaign proposal to cap rents nationally.

Washington D.C. Property News



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