The Wall Street Journal’s MarketWatch report recently listed Washington DC as one of the nation’s “top cities for selling a home.” Not very surprising, given the historic low inventory rates across the Washington DC region. Low inventory combined with home buyers looking to take advantage of low interest rates is driving home prices up. Home prices in Washington DC have increased nearly 11% from the same time last year. If you’re a home owner and looking to take advantage of this multiple-offer market, please give me a call. I can definitely help.
Other top cities listed for selling a home include San Francisco, Phoenix, Seattle, and Iowa City.