Washington D.C. Real Estate News
Washington D.C.
NAR Reports Existing Home Sales Tumble in March, Hit 16-Year Low
According to the National Association of Realtors (NAR), U.S. existing-home sales fell in March 2025, with declines observed across all four major regions. Compared to March 2024, sales were down in the Midwest and South, up in the West, and unchanged in the Northeast.
U.S. New Home Sales Uptick in March
The National Association of Home Builders reports that a slight dip in mortgage rates and limited existing home inventory helped drive an increase in new home sales across the U.S. in March 2025, despite ongoing market uncertainty facing both builders and buyers.
Florida's California Moment: Skyrocketing Housing, HOA and Insurance Costs Take Center Stage in 2025
For decades, Florida has served as a haven from high-tax, high-cost states -- attracting retirees, snowbirds, hourly workers, and increasingly, younger professionals priced out of other housing markets.
U.S. Mortgage Demand Spikes 20 Percent in Early April as Rates Drop
According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending April 4, 2025, U.S. mortgage applications jumped 20.0% compared to the previous week.
Washington D.C. Property News
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