It is the third consecutive month that the rate of home prices increases has slowed across the country.
Zillow reports 15.4 percent of listings in the D.C.-area in June had a price cut from the original list price, down from 16 percent a year earlier. In the Washington market, the average reduction from original listing price was just 2.5 percent.
Home prices in the District are up 47 percent from the height of the recession and what little hits the market continues to sell quickly. Real estate experts described D.C.’s market as “an extremely tight seller’s market.”
This year, 23 designers transformed a nine-bedroom, 27,256 square-foot Potomac estate into a luxurious showroom, highlighting the latest in home design trends.
Despite high prices, and despite low inventory, the Washington region is one of the nation’s most active housing markets right now.
Ever wonder what’s behind the doors of some of Georgetown’s most beautiful homes? Now’s your chance to find out. The 86th Georgetown House Tour will show off eight of the neighborhood’s hidden and historical gems. (Photos)
Recreating the District in video game form was no small task. Here's how the developers did it.