A house on Adams Street NW owned by the Hofgards. D.C. stopped construction on it last year.

A house on Adams Street NW owned by the Hofgards. D.C. stopped construction on it last year.

With home values rising, the latest trend among D.C.’s real estate developers is house flipping: buying “fixer-uppers,” renovating them and reselling them for a quick profit. After years of flipping homes in the District, a Northern Virginia couple has agreed to an unprecedented $1.3 million settlement with D.C. after an investigation found that their renovation work skirted the law and put homeowners at risk. Kojo discusses the case with WAMU 88.5’s Martin Austermuhle, who reported on the couple last year, and Jimmy Rock, a D.C. prosecutor who helped resolve the case.

Guests

  • Martin Austermuhle Producer / Reporter, WAMU.org
  • Jimmy Rock Assistant Attorney General, District Of Columbia

Related Links

Topics + Tags

Comments

comments powered by Disqus
Most Recent Shows