Bloomberg writes that the Washington metropolitan area, including the suburbs of Maryland and Virginia, will see average rents decrease as much as 2%, making it only market other than Detroit to have a drop among the top 20 U.S. cities, according to Delta Associates. Rents will fall further in 2014, data from the Alexandria, Virginia-based property-research firm show.
Washington under watch at front wave of markets
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Kristen Sieffert leads the reverse mortgage presence at The Gathering
FOA’s president spoke about bringing reverse mortgages into the mainstream at the event in Scottsdale, Arizona.