The median size of homes for sale in the District is 1,000 square feet, while the median price is $432,500. The area housing market itself is feeling the pinch from a change in federal housing policy that now calls for lower limits on home loans. The District ranks fourth in the nation among U.S. metro areas affected by the new regulations.
Meanwhile, finding affordable rentals — a blood sport here in Washington — is increasingly difficult.
For related news, check out Washington Post Real Estate.
• Update. Those crazy New Yorkers. They’re always stealing our thunder when it comes to uncomfortable housing one-upmanship.
Of course we’re on Facebook:
Click the “like” button below to like PostLocal on Facebook.