Wednesday, June 17, 2009

Article on Regions Economic Forecast - The Washington Post

Another article on our local economy and market. There are opportunities for home buyers -- especially first-time buyers! -- in this economy. This article illustrates that there is always a silver lining or the glass is half full (we hare half-full kind of folks) in any market. We believe much of the housing drag in this market is from outlying areas (this article specifically mentions Prince William and Prince Georges Counties - and the statistics back this info up). All real estate is local and even neighborhood by neighborhood.

Bottom line, our local economy has a strong base and the jobs will carry us through this recession.
http://www.washingtonpost.com/wp-dyn/content/article/2009/06/16/AR2009061603311.html

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