Archive | July, 2012

Numbers Show Home Prices Rising

By Nilanjana Gupta (Washington D.C.) – Home prices have been rising in the region since 2011, according to new statistics from the Greater Capital Area Association of Realtors. In the District, the median price is up almost 5 percent over this time last year, and in Montgomery County, it’s up 8 percent. President Bonnie Casper […]

Leave a Comment Continue Reading →

D.C. Tech Experts Question LivingSocial Tax Break

By Nilanjana Gupta (Washington D.C.) – On Tuesday, the District voted to give LivingSocial a big tax break, and in doing so is keeping the successful daily deal company in town. Going to such lengths to favoring a single company has put D.C. at risk of sidelining many others in the local tech community. Six […]

Leave a Comment Continue Reading →

D.C. Council To Vote On Capital Gains Tax Breaks

By Nilanjana Gupta (Washington D.C.) – LivingSocial, the local company that offers daily e-deals to D.C. residents, is a booming business, making it one of the most profitable tech companies to come out of Washington. Keeping the successful company local is costing the city millions, however. D.C. Council votes on a bill Tuesday offering breaks […]

Leave a Comment Continue Reading →

Low Mortgage Rates Prompt D.C. Area Home Sales

By Nilanjana Gupta (Washington D.C.) – For more than a year, Sally Swift was renting a house in Silver Spring. But last month, she decided to buy it. “I suspect we would have purchased no matter what the mortgage rate was, but the idea that it was as low, has it made it clear it […]

4 Comments Continue Reading →

July 4th — the deadliest for teen drivers, but not in the DC region

By Nilanjana Gupta (Washington D.C.) – As you get ready for picnics, parades and fireworks, keep in mind that July 4th is one of the worst days for teenage traffic fatalities. But, the DC region seems to be bucking the trend. In 2010, traffic statistics show a 43% decrease in teenage road deaths in Virginia […]

Leave a Comment Continue Reading →

Storm recovery efforts in the District

By Nilanjana Gupta (Washington D.C.) – Friday’s violent storm left a trail of destruction in its wake. Now, area governments are offering some assistance. Residents of Prince George’s County can get rid of storm debris — FREE of charge. Drop-off locations include the Brown Station Road Sanitary Landfill and the Prince George’s County Yard Waste […]

Leave a Comment Continue Reading →