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Where have all the buyers gone? DC homes lose value as demand dries up

In Washington, the housing market is revealing an intriguing dynamic, with many properties available at discounted rates—almost one-fifth of homes listed currently are priced lower than what they were purchased for initially. This development points to a slump in buyer interest instead of a surplus of homes for sale. Luxury regions may see upward price trajectories, yet affordable condos are struggling.

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