by ISTMstage | Nov 12, 2023 | Blog
November Market Update Latest Data | 2023 in the District of Columbia: Oct. 2023 Sold Dollar Volume was $402,129,235, a decline of -13.09% from Oct. 2022’s $462,697,001; Oct. 2023 Median Sold Price was $678,500, up 4.38% from October 2022; Avg Days on Market (DOM) in...
by ISTMagents | May 30, 2023 | Blog
WHY THE DC REAL ESTATE MARKET ISN'T TAKING A DIVEDOWN, BUT NOT OUT At a time when DC real estate is typically racking up significant price increases with each bidding war. and market activity is at its annual peak, the outlook for late spring is about as sunny as...
by istm | Jan 6, 2023 | Blog
The 2023 DC Real Estate Market vs 2008 Why the 2023 DC Real Estate Market Isn't a Throwback To 2008 This Ain’t That A year of mortgage interest rate hikes has revived bad memories of the 2008 real estate market crash, and its fallout, which lasted half a decade...
by ISTMagents | Dec 7, 2022 | Blog
Fed-Induced Recession Indicated For 2023 NY Fed’s Recession Probability Model is warning of incoming downturn, with odds at 38% but the indicator’s reliability is so solid, analysts are saying it equals a near-100% chance of a recession. DataTrek’s...
