A fire broke out inside a four-story apartment building located along P Street NW this morning, causing the closure of the street to traffic and significant damage. more ›

Renters who were able to lock in lower prices this past fall as landlords freaked out about the recession may have been the last to have the upper hand, as rents appeared to rebound in the first quarter of this year. From today's Wall Street Journal:

Apartment rents rose during the first quarter, ending five straight quarters of declines and signaling the worst may be over for the hard-hit sector. more ›

Do you rent one of the hundreds of basement apartments in the District of Columbia? If so, there was certainly nothing reassuring about some of the comments left on this Prince of Petworth post about reporting rental income, which turned into a happy hour of sorts for less-than-ethical property owners. For example, here's one commenter's advice to the property owner in search of ways to reduce the amount of rental income they need to report to the IRS: more ›