‘Snowcrete,’ war uncertainty affect the D.C. area’s home-buying season
The Washington Post • • business
Key Points:
- The January storm that blanketed the D.C. region with snow and ice continues to impact the spring housing market, slowing its usual pace despite the melting of snow piles.
- Prospective home sellers delayed preparing their properties for March listings due to the storm's lingering effects, according to Lisa Sturtevant, chief economist at Bright MLS.
- Additional uncertainty in the housing market arose following U.S. airstrikes on February 28, which initiated a conflict with Iran, further complicating sellers' decisions.
