Market Outlook: Navigating a Shifting Housing Market

The Washington, D.C. housing market is facing mixed signals as we close out the year. Volatility in mortgage rates is prompting some buyers and sellers to hold off until 2025 when more stability is anticipated. While October’s pending sales were higher than last year, activity dipped compared to September, signaling cautious market behavior.

Affordability remains a significant hurdle as rising home prices continue to push some buyers—especially first-time buyers—to the sidelines. Despite these challenges, the market shows resilience, and opportunities are still available for those ready to act strategically.

We are closely monitoring these trends to provide our clients with timely and personalized advice. If you have questions about buying or selling in today’s market, reach out to us—we’re here to help you make confident decisions.

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