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What Is Going On in The DC Housing Market?


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2012 Sep 28, 9:59am   1,411 views  1 comment

by taketheplunge   ➕follow (0)   💰tip   ignore  

http://www.thedailybeast.com/articles/2012/09/28/what-is-going-on-in-he-dc-housing-market.html

A couple of years ago, when we bought our house, I was convinced that we had probably already lost money.  We put in our offer immediately after the expiration of the first-time homebuyer's tax credit, which in DC had triggered bidding wars that upped prices by far more than the $8,000 the tax credit was worth.

#housing

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1   patb   2012 Sep 29, 3:08pm  

Decent unemployment, high household incomes, and the banks being willing to lend like mad.

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