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Petal to the Metal: DC Metro Area March Market Update


After a fast-paced start to the spring real estate market in January, February showed a brief stall in buyer demand due to interest rates around 7%. All eyes are on inflation and the Federal Reserve's decision regarding the Federal Funds rate. In the DC and Northern Virginia areas, pockets of activity are in-line with a typical frenzied spring market, but it is possible for buyers to get some negotiating power if they have flexibility in where they live.


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