Washington D.C. Real Estate News
Washington D.C.
U.S. Residential Asking Rents End 2024 at Lowest Levels in 3 Years
According to Redfin, the median U.S. asking rent fell 0.3% year-over-year in December 2024, reaching $1,594--the lowest figure since March 2022. This represents a 0.1% decline from the previous month and a 6.2% drop from the record high of $1,700 in August 2022.
Is Greenland Soon Going to be Trump's Biggest Real Estate Deal?
This week Donald Trump Jr. arrived in Greenland, the Arctic Island his father, President-elect Donald Trump, has repeatedly expressed interest in acquiring.
U.S. Mortgage Rates Rise in Early 2025, Reach 6-Month High
Based on Freddie Mac's first Primary Mortgage Market Survey (PMMS) of 2025, the 30-year fixed-rate mortgage (FRM) averaged 6.91 percent as of January 2, 2025.
U.S. Pending Home Sales Increase Four Straight Months in November
According to the National Association of Realtors, U.S. pending home sales gained 2.2% in November 2024 - the fourth consecutive month of increases and the highest level since February 2023.
Washington D.C. Property News
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