Need news in a flash? Here’s what’s happening in your community.

Black Knight Financial Services released its June 2016 home price index data for Washington D.C., finding the metro’s home price index value at $402,000, up 0.5 percent month-over-month and 2.8 percent year-over-year.

Rented.com recently released its Best Places to Buy Rental Property in 2016, finding the best cities, vacation spots and small towns to own a short-term rental property. D.C. itself was ranked no. 99 with an ROI score of 28.5. Nearby Alexandria, Virginia, ranked just a couple spots higher at no. 97, with an ROI score of 29.5 and an estimated rental income of $43,000. In the no. 75 spot, Arlington, Virginia, got an ROI score of 43.3 and an estimated rental income of $48,600.

Home values in the 20685 ZIP code (Saint Leonard, Maryland) are expected to drop slightly through next year, according to Weiss Analytics.

Got a lead on some news happening in your community? Send information to local@inman.com

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top