06.01.2012 - US: The real estate market that defies the trends
The real estate market continues to flatline throughout most of the country. But in Washington, D.C., housing prices are up a smidgen (0.3%) from the previous month. More importantly, year-over-year prices have risen by 1.3%, a continuation of a happy trend in which prices increased by 2.6% from the year before that. When comparing housing markets in America’s big cities, D.C. appears to be having the strongest and steadiest recovery. But why? What’s making D.C.’s housing market work while others flail? Here are four explanations...............................................Full Article: Source
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