Washington D.C. Real Estate News
Washington D.C.
30-Year Mortgage Drops to 6.56 Percent in Late August, Lowest Since October 2024
U.S. mortgage rates eased slightly this week, reaching their lowest level in nearly 10 months, a development that could provide some relief to homebuyers after two years of elevated borrowing costs.
Pending Home Sales Show Mixed Signals as U.S. Buyers Remain Cautious
Pending home sales edged down in July 2025, signaling continued buyer caution despite modest improvements in mortgage rates and inventory, according to the National Association of Realtors (NAR). Contracts for existing homes fell 0.4% from June but were 0.7% higher than a year earlier, NAR's Pending Home Sales Report showed.
Zombie Foreclosures Edge Up Across U.S.
The number of empty U.S. homes stayed relatively flat in the third quarter of 2025, even as abandoned foreclosure properties -- so-called "zombies" -- ticked higher, underscoring resilience in housing demand despite lingering stress pockets, according to new data from ATTOM.
$1 Trillion in Data Center Development Underway Through 2030
North America's data center colocation market is straining under unprecedented demand, with vacancy rates plunging to just 2.3%, according to JLL's North America Data Center Report - Midyear 2025.
Washington D.C. Property News
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