DC's own Logan Circle neighborhood made
National Geographic's list of
"The 28 friendliest neighborhoods in U.S. cities."
For the first time in a year and a half, long-term mortgage rates have dropped below 4 percent.
On Thursday, Freddie Mac reported 3.99 percent with an average 0.5 point as the average for a 30-year mortgage. Long-term rates haven't fallen below 4 percent since January 2018.
DC Open Doors mortgage and downpayment assistance program just increased their income limit to $145,560.
To date, the amount of homes sold in DC has increased from last year, with homes selling for just slightly less than the previous year. In Maryland and Virginia, fewer homes were sold overall, while the homes that sold were sold for more.
Across the DMV, the time homes were on the market before being sold, on average, increased year-to-date.
