As always, real estate is local. Freshman lawmakers are not having an easy time locating affordable housing on Capitol Hill. CNN's Samantha Hayes gives an inside look at what it's been like for some of them.
While the housing market has deteriorated tremendously for the nation as a whole, there are specific areas where unique local market conditions continue to provide upward pressure on housing prices. The situation in D.C. is a good example of this. The continued demand for housing close to federal government offices has caused housing prices to remain high there.
If you are relocating to a new city, don't forget to take local conditions into account as you set expectations for what you are able to get for your money.
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