The U.S. housing market responded rapidly once Brexit became official.
Mortgage rates have fallen to new lows as global investors turned to the 10-year Treasury note as a more stable investment. Affordability, in turn, has increased, with lower mortgage rates making it easier for move-up and first-timers to get into a new home. Similarly, international buyers, who might have had their eyes set on London or other European destinations, are finding the U.S. housing market much more attractive. The Washington DC area remains a strong place for real estate investment. Contact us to learn more.