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Real Estate
Reply to "How is the spring close-in DMV housing market looking like? "
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[quote=Anonymous]Based on the responses of this forum, the market still seems red hot for sellers. There have been so many people sitting on the sidelines with inventory so low and it seems to remain low. The supply is not likely to increase and in fact could go down with interest rates remaining high and economic uncertainty. Stocks are down, but we are at summer 2024 pricing and way up compared to pandemic. Those with portfolio heavy in the market have done well over this period of low inventory and can leverage that cash. If interest rates drop at some point, prices and demand could rise further. When/if the contraction of the federal government and downstream consequences impact the DC market is uncertain, but I don’t think it will be big. [/quote]
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