A couple of years ago, when we bought our house, I was convinced that we had probably already lost money. Â 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.
http://www.thedailybeast.com/articles/2012/09/28/what-is-going-on-in-he-dc-housing-market.html
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