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Area Realtors Cautiously Predict Recovery Next Year

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Washington-area realtors say they're cautiously optimistic that the area's real estate markets will begin recovering over the next year.

They cite a solid regional economy, low interest rates and government programs to help first-time buyers.

Compared to this time last year, home sales are up across the region, and prices are way down - 20 percent lower in some areas. If sales continue to rise, then prices will stop falling, and the market can stabilize and begin growing again, realtors say.

But there is reason to temper that optimism. Foreclosures in the metro area have begun to plateau, but they haven't quite started falling yet. And the hardest hit areas - Prince William and Prince George's counties in particular - have much further to go than Montgomery County or the District. Nobody knows for sure whether a second wave of foreclosures expected to hit other areas of the country will affect this region.

WAMU 88.5

Verdine White On 45 Years With Earth, Wind & Fire

Forty-five years ago, the band “Earth, Wind and Fire” introduced audiences to a new kind of funk--one that fused soul, jazz, Latin and pop. Bassist Verdine White talks to guest host Derek McGinty about breaking racial boundaries in music and how the band is still evolving.

NPR

If War Is Hell, Then Coffee Has Offered U.S. Soldiers Some Salvation

"Nobody can soldier without coffee," a Union cavalryman wrote in 1865. Hidden Kitchens looks at three American wars through the lens of coffee: the Civil War, Vietnam and Afghanistan.
WAMU 88.5

What's Ahead At The Democratic National Convention

The Democratic National Convention gets underway in Philadelphia, where Hillary Clinton will accept the presidential nomination.

NPR

What Verizon Will Get When It Buys Yahoo

Verizon is announcing a deal to buy Yahoo's Internet business on Monday. The telecom giant is eyeing Yahoo's content — and more opportunities to sell ads on it.

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