Buying a home

Home prices rising nationwide.

Home prices in the Washington DC area are up nearly 11%.

Home prices in the Washington DC area are up nearly 11%.

The housing recovery is expected to grow at an annualized rate of 0.6% through the third quarter of 2013, then gain momentum and prices are projected to grow nearly 4% through 2014, according to a recent article from RISMedia.  Home prices in the Washington DC area grew nearly 11% from the same time last year, out-pacing the growth seen in other areas around the country. In fact, it’s a sellers market in Washington DC. Buyers are flocking to the market to take advantage of historic low interest rates and finding low or non-existent inventory.

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