Comparing Rent to Purchase Price

April 14, 2015
Costs of Homeownership
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For most people, the purchase price of a home has nothing to do with how they pay for it. In practice, buyers are budgeting month to month, just like renters. I put together the following table to build up the cost of ownership to include all of the things a rental would include – In the…

Housing Supply and Demand – DC Market in Balance

January 22, 2015
DC Market
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A common question I get from clients is the following: With all the new apartment and condo buildings currently under construction in the district, are we in for a collapse in prices as supply outpaces demand? According to a 2014 year-end letter from the office of the mayor, DC is adding residential units at a…