Wednesday, April 10, 2013

Home Prices in Washington, D.C. Hit Record High

A lot of the money Fed chairman Ben Bernanke is printing is finding its way back to the crony government-private sector operatives in Washington D.C.

The median price of a home in the District reached its highest point in history last month, according to the latest data from RealEstate Business Intelligence.

D.C.’s median sale price soared to $460,000 from $405,000 in March 2012, an increase of 13.6 percent year over year.

(ht Joe Kozlowski)

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