
DC Metro Housing Market Proves National Headlines Wrong in 2022
Prices Appreciate - Homes Selling Fast - No Glut of Inventory: As usual, the consensus forecasts by many renowned economists and so-called "housing experts" have been proven wrong, again. It was almost one year ago when Fed policymakers indicated they would be aggressively raising interest rates to combat inflation. Subsequently, it became commonly reported in the national news from almost every angle that rising interest rates would crush housing prices. We were reminded of this at each rate increase. Headlines read "housing collapse", "housing...