DC: Pending Real Estate Sales Soaring

A real estate information company says pending home sales in the Washington, D.C., market has showed the largest year-over-year increase in 10 years.

RealEstate Business Intelligence says the number of contracts signed in February was up 33 percent from the same time last year, the biggest increase in more than a decade. The company added, however, that housing prices remain weak because of restrictive mortgage conditions.

RBI defines the Washington market area as including Alexandria, Arlington County, Fairfax County, Fairfax City, and Falls Church in Virginia.

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

Full Story from Virginia Business

Click here for gay realtors, mortgage lenders, and other real estate professionals in Washington, DC.

If you have a gay real estate story that you’d like to share with us, contact us at info@2016.gayrealtynetwork.com

Leave a Reply

Your email address will not be published. Required fields are marked *