WashExam headline says it all: "National, local housing market data mixed, but District shows recovery signs."
In the DC and Inside the Beltway, however, the market is beginning to gain steam, according to real estate broker Donna Evers. Volume is down, prices have started to go up after months of steady declines.
“The closer you get to the city, the hotter the market is,” she said. “If you look across the country, recovery has not occurred; they’re still in 2006 mode. Recovery has certainly occurred in Washington this spring.”
Further evidence of a nacsent turnaround:
May 25, 2007
WashExam: DC Real Estate Market Recovering
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5 comments:
Recovering from what? The prices have not dipped more than a few points. They are still at 2005, 2006 levels.
"In the DC and Inside the Beltway, however, the market is beginning to gain steam, according to real estate broker Donna Evers."
I OWN A MOVING COMPANY AND THE NUMBER MOVES IS DOWN ABOUT 55%. tO ME AND OTHER MOVERS THE MARKET HAS NOT RE BOUNDED.
5
according to one person? sounds like a scientific survey. ask 10 realtors what the market is doing and you'll get 10 different answers.
priced out forever, then
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