Monday, April 09, 2007

The greater Washington DC real estate market seems to be a little schizophrenic right now. Homes in good locations and in good condition and that are priced well are often experiencing multiple offers and many time with escalation clauses resulting in contracts well over asking price. Homes that are lacking in any of the aforementioned area tend to linger longer and are more subject to traditional "buyer's market" dynamics.

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