Will home prices go up or down in the Washington D.C. Metro area in the next three years?

Answer 1

up, up, up

Answer 2

No one knows but I live and work in real Estate in the DC area and I'll give you my opinion.
Most properties will level out and continue to increase in value but at a much slower rate. Normalize, if you will.
Extremely high priced homes and condos will likely see a temporary drop in value and or sales prices. There is an over abundance of current apartment buildings going through the conversion process to condo. Shortly there will likely be an over supply which will drive prices down.
Remember, just an opinion; no one knows for sure.

Answer 3

The prices are always going to be high in D.C. because there is always a demand. With SO MANY jobs in the city, housing is always needed which is a good thing for house prices.

Answer 4

Housing in the metro area continally goes up. Real estate prices is the one thing that is guaranteed to always increase in the metro area.

Answer 5

depends on the exact neighboorhood, population trends, how much more interest rates climb.... should stop climbing soon...

overall your looking at an equilibrium type market..... some areas will see slight decrease, some areas will stagnate and some areas will slightly increase. Overall don't expect much the next few years.

Answer 6

up at 5-10% annually depending on the supply and demand of the area.

Answer 7

It is predicted that they will increase only a small pecentage of the past few years.

Answer 8

Someone stole my crystal ball; please ask again in 3 years and I'll tell you what happened.