Buying a home for the first time can be both an exhilarating and
scary experience. While there are many challenges to making the purchase, the
highest hurdle for many is saving enough for the down payment.
Just when you thought it was already expensive to live, park and
eat in the D.C. area, a new study found homebuyers in the D.C. metropolitan area
need to have some of the fattest paychecks in the country.
Sales of homes in the U.S. are at their highest level in 3 ½ years, rising 9.7 percent in the last 12 months. And the D.C. area is experiencing the same surge.