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Is the turmoil in D.C. hobbling its housing market?

Posted on 11 August 2011

More signs of cracks are showing in the Washington, D.C. market, which has held up in the last year as the nation’s strongest, according to a report released Wednesday.
The report, released jointly by RealEstate Business Intelligence LLC, a research firm associated with a large multiple-listings service and Jonathan Miller of appraisal firm Miller Samuel Inc., says that the number of sales contracts in the Washington metro area fell 10.9% in July from June, the second consecutive monthly drop in pending sales activity……………………………………….Full Article: Source


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