Good news for DC area home owners- 12% of homeowners are upside down compared to 14.1 % last year according to core logic! This shows how well the DC market is doing and it is a good sign for the future of home values!
One thing that is great about the DC Metro area is that it consistently holds its real estate value better than most cities in the rest of the nation. Many cities in the US have underwater rates upwards of 15% to 30%. So the 12% in our real estate market here in Northern Virginia/DC Area shows the strength of our market!
If you are looking to buy or sell in the Northern Virginia area, this is a great time! Please give our team a call! We would love to help you find your dream home!
Jennifer Young Homes
Keller Williams Realty