Washington, D.C. has one of the nation’s highest shares of mortgaged households at 73.6%.
Falling mortgage rates are likely to boost Real Estate demand across the city.
The city’s younger, mobile homeowners make it especially responsive to lower borrowing costs.
As mortgage rates approach 6%, more D.C. homeowners may become active in the housing market.
High mortgage reliance signals strong potential for renewed Real Estate activity as financial conditions ease.
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