: News

Filed Under:

Real Estate Market Could Be Nearing Rock Bottom

Play associated audio

Some real estate analysts say July numbers for the Washington area suggest rock bottom for the local real estate market is just around the corner...and that's a good thing. The report from Metropolitan Regional Information Systems -- shows that home sales in July continued the upward trend the area has seen in recent months, and are up 12 percent compared to July of last year. Home prices across the region are still down 8 percent compared to this time last year. But John McClain, a senior fellow for the Center for Regional Analysis at George Mason University, says prices are not dropping nearly as fast as they were just a few months ago, meaning they could soon start rising. Prince George's County Maryland led the way for the area in July. It saw a 76 percent increase in number of homes sold compared to July of 2008. At the bottom is Prince William County, Virginia. Home sales there are down 25 percent.

Jonathan Wilson reports...

NPR

Ursula K. Le Guin Steers Her Craft Into A New Century

The famed novelist says that at 85 she no longer has the energy to write another book, but she's just released a revised and updated edition of her manual for aspiring writers, Steering the Craft.
NPR

#NPRreads: Middle East Air Quality, Lead Poisoning, And Jell-O

Around the newsroom and around the world, here's what we're reading this week.
NPR

Of The 900 Or So People Running For President, At Least 1 Of Them Is Nuts

A small group of presidential hopefuls get most of the media attention, but there are a lot of unknown people who also want the top job and filed the necessary paperwork. One of them is Deez Nuts.
NPR

No More Standing By The Spigot: Messaging App Alerts Water Availability

A startup in India — where an aging, ad hoc system limits water availability — is using text messages to let people know when their faucets should work, so they don't waste hours awaiting the deluge.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.