Released: January 07, 2012

Buying or selling a home in 2012? Here’s what you need to know.

Source: Amanda Abrams, The Washington Post

Matthew Branch and his wife Rachel Sayre decided to finally put down roots in Washington. After several months of searching for a house, the couple just made an offer on a detached home in the Northwest neighborhood of Takoma. Branch, 32, doesn’t seem particularly anxious about diving headfirst into the area’s housing market. “I think it’ll probably appreciate, but it’s anybody’s game,” he said. “It’ll be interesting to see what happens.” Interesting? Indeed. After all, it’s 2012 — six years after the country’s housing market began its downward slide, and zero years into a whole-hearted, full-fledged recovery. Most of the Washington region has been insulated from the worst of the housing crisis, but the local market is nonetheless in an unpredictable spot.

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