Over the course of the summer, the DC housing market saw some significant gains. This positive movement was caused by a host of factors, including increasing buyer optimism, limited foreclosures and historically low interest rates on mortgages. However, one of the most important causes for this steady Read More
In the wake of the housing bust of the late 2000s, the national market can be tough to read. Foreclosed-homes, which often sell at a significant discount, can bring down surrounding home values. With this in mind, it can be difficult to properly gauge a metro's market, as increasing sales suggest one Read More
The District is known for many things - plenty of government jobs, a multi-cultural citizenry and great museums. However, with a swarm of revered universities, the city is also regarded by many as a bastion of higher learning. Because of this, it attracts some of the brightest and most gifted students in the Read More
The summer was a strong season for the District's housing market. Over those months, median prices jumped and sales numbers increased. Of course, the effect of this is that competition for available homes has increased, and the current supply is dwindling. Now might be a good time for people considering Read More
A study of the 20 largest U.S. metros revealed that home prices in those cities rose in June when compared to the same period a year ago, according to Bloomberg, using data from the S&P/Case-Shiller index. People considering buying real estate in Washington, DC, will be happy to hear that the Read More
A study of the 20 largest U.S. metros revealed that home prices in those cities rose in June when compared to the same period a year ago, according to Bloomberg, using data from the S&P/Case-Shiller index.
July was a great month for the housing market nationwide, but a particularly strong one for homes in and around the district. The metro has remained relatively strong in the years following the housing collapse, buoyed by low unemployment and stable prices, but it has heated up even more than the improving Read More
The strengthening housing market and low unemployment have made DC a hotbed for residential real estate activity. In fact, in recent months home sales have been skyrocketing, demand dwindling and median prices rising fast. This has many people feel that it is hard to find a good bargain for one of the houses Read More
Not only is the low point of the housing market in the District's rearview mirror, the local real estate market has surpassed its high point, which was set at the apex of the boom in 2005, according to the Huffington Post. As their median prices soar, now may be a good time to speed up your process for Read More
Not only is the low point of the housing market in the District's rearview mirror, the local real estate market has surpassed its high point, which was set at the apex of the boom in 2005, according to the Huffington Post.
Many real estate agents in the District thought they would never see the heady and lively days of the pre-recession housing market again. Those were days when home prices seemed to have no ceiling, and many properties would receive multiple offers just days after showing up on the market. However, in what Read More
Perhaps no attribute of a city is more crucial to its livability than a strong economy. An abundance of stable, high-paying jobs as well as an innovative and growing worker base can help make any metro a much more desirable place to live and attract new residents. The news, therefore, that the District's Read More