Market Update: Washington DC

Check out this video on the latest real estate market statistics for DC.

A few highlights:

  • Analysts believe demand has strengthened
  • Inventory remains low
  • Prices are up from last year, but still only pulling even with 2008 levels

Takeaways:

Of course as a Realtor(R), I’m going to tell you it’s a good time to both buy and sell.  But really, here’s the case:

  • For buyers, prices are still relatively low and interest rates are at historic lows.
  • For sellers, inventory is low and demand has strengthened.

If you need real estate assistance, I’d love to help.  Contact me to set up an initial consult!

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Filed under Housing Market, Real Estate

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