The number of active residential listings in the D.C. area in August was down for the 28th consecutive month compared with the year previous, but there is a small sign of encouragement for potential buyers.
It’s been a long time since potential homebuyers in the D.C. market have had to be prepared to act as quickly as they do now, with condos and houses selling at the fastest pace in a decade.
The D.C. area’s extremely lean number of houses for sale got a boost in February, with new listings jumping 25.4 percent, boosting total active listings by 5.5 percent.
Real estate firm Trulia has identified 10 of what it calls Washington’s Best Value Neighborhoods for first-time buyers, including spots in the District, Arlington and Alexandria.
Rents for the region’s newer, more upscale apartments grew over the past year at their fastest pace since 2010.
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