• Buying Up the Block Billionaire Mitchell Rales expands his compound in Potomac. Plus—the Carlyle Group’s Daniel D’Aniello buys for almost $2 million in Vienna.
  • Bye-Bye, Arlington Virginia senator Jim Webb sells in Virginia. Plus—bigwigs from Long & Foster and Bank of America make real estate deals.
  • The Good Life Lawyers, doctors, a restaurateur, a developer, and a journalist spend big money on big homes.
  • Capitals Star Alex Ovechkin Buys in McLean Plus—Carly Fiorina sells for $5.3 million in Georgetown, and real-estate exec Patrick Mahady buys in Berkley.
  • Michelle Rhee Sells 16th Street Heights Home Plus—Channel 7’s Gordon Peterson sells for nearly $2 million and Under Armour CEO Kevin Plank makes a deal.
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Prices are up, homes are selling quickly, and in some sought-after neighborhoods, bidding wars and escalation clauses are back. But with memories of the crash fresh and sequestration rippling through the local economy, people are worried about another bust. Here’s why experts say you shouldn’t be.

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