D.C. Luxury Home Market Surge
This is a D.C. news story, published by MSN, that relates primarily to Kalorama news.
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BOOMING REAL ESTATE MARKETFox Business
•Business
Business & Economics
Washington DC gets 'Trump Bump' in luxury home market
82% Informative
More than 60 luxury homes have sold in the D.C. market since the November election, according to The Agency DC managing partner Nurit Coombe .
Trump ’s administration has been a big contributor to the market's recent surge, she said.
The "government employee situation" is also making the market more dynamic, she added.
Kalorama , Foxhall , Georgetown and Kent are among some of the neighborhoods in the nation's capital benefiting.
The nationwide 30-year fixed mortgage rate was 6.87% on average the week of Feb. 13 .
That marked a 0.02 percentage-point decline from the prior week .
In January , homes in the D.C. and Montgomery County real estate market sold for a median of $ 552,500 .
VR Score
83
Informative language
81
Neutral language
61
Article tone
semi-formal
Language
English
Language complexity
43
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
10
Source diversity
3
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