For real estate, big changes already in 2017

January 15, 2017 | Eldad Moraru of Long and Foster chats with WTOP's Mike Murillo (WTOP)

WASHINGTON —  The new year has already brought big changes in the real estate market.

As the inaugural draws near, high-end homes are being sold. And some homeowners are preparing to sell and boost a low inventory. “They’re getting ready: They’re painting. They’re fixing. They’re staging. They’re packing,” said Eldad Moraru of Long and Foster.

Moraru also has some thoughts on how the slight increase in interest rates will affect prices.

Jack Pointer

Jack contributes to WTOP.com when he's not working as the afternoon/evening radio writer.

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