It's true: Washington D.C. can be quite an expensive city to live in...
And part of the price tag is due to the hot housing market. The great neighborhoods, schools, and employment opportunities mean that homes around D.C. are in demand.
So what can a buyer on a budget do?
Read on for the ultimate guide to buying in Washington D.C.'s expensive real estate market.
Preparation and Planning
Buying in a hot market takes preparation. First up, you should be asking: is buying even right for you? Purchasing a home is a huge milestone for many people, and it's not a decision to be made lightly.
An honest appraisal of your finances and the market are key. Sometimes, the best thing to do is wait.
And what should you be doing while waiting?…