DC Housing Market Forecast 2022 | DC Real Estate Mama
The Washington DC Housing Market is often described as recession-proof. It is true that the economy is consistently strong in the nation's capital. Home prices have not declined significantly since the mid 1990's. There are many factors at play that bolster home values and keep prices steadily on the rise in the metro area. Prior to the pandemic, economists described real estate as local. The story in one city was different from another. But now real estate is hyperlocal. Some parts of a city or even a neighborhood may fare better than other parts nearby because of a collection of factors. Let's dive deep and see what's happening in DC.