dc real estate report september 2011: September 2011 Evers & Co. Real Estate Report - 10/27/11 09:18 AM
Original Source:  The Evers & Co. Sept. 2011 Real Estate Report
The average price in our Washington, DC marketplace was up for the 17th consecutive month, 3% higher than September 2010. The number of days a property stays on the market was up 8.7%, and the dollar volume of sales was down 3.3 % this month,- both being attributed to consumer concern to recent fluctuations in the economy.
While mortgage interest rates were at record lows for most of September and banks have money to lend, lenders are restricted in the amount of loans and the loan-to- value ratio, which in … (1 comments)

 
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