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News

F.C. Stormwater Focus on Private Property

Falls Church City Manager Wyatt Shields reported that the City’s stormwater prevention efforts are centered on protecting private property, homes and businesses, and that the effort is stymied by the need to recruit two engineers to work on the problem and by high costs of general contracting work, a problem for the entire region now due to its “heated economy.”

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Nerfed Tax Deduction Sidestepped By Savvy Prospective Homebuyers

The tax law’s overhaul two years ago had some market observers believing it would splash cold water on the hot housing market by negating a unique perk of homeownership found in the Mortgage Interest Deduction. A New York Times story from August showed that wasn’t the case, with most markets nationwide continuing their steady growth in activity thanks to the increased standard deduction.