Inventory
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Single family homes on the market. Updated weekly.Powered by Altos Research
667,466-14684
30-yr Fixed Rate30-yr Fixed
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30-Yr. Fixed Conforming. Updated hourly during market hours.
6.96%0.02
Real Estate

D.C. housing recovery in full swing

While the housing recovery is in full swing in Washington D.C., inventory is tight with home sellers receiving multiple offers and buyers competing with investors all-cash offers. In a sense, it is like 2006 all over again, with offers coming in well above the original asking price and no inspection contingencies. Per the Washington Post:

Home values are rising slowly in communities that are farther out, making it more difficult to reduce the higher-than-average share of underwater properties. For instance, last month, 22% of active listings in Prince George’s County and 16.2% in Charles County were potential short sales, according to RealEstate Business Intelligence, a subsidiary of Rockville-based multiple listing service MRIS.

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Lower mortgage rates attracting more homebuyers 

An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

3d rendering of a row of luxury townhouses along a street

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