Monday, June 15, 2009

We Represent You & Your Interests - Always.

This is a great article from this weekend's Washington Post 'Real Estate' section. It is a great article. Our market in DC receives a lot of press, and while we primarily work close-in neighborhoods, which have always been desirable, we recognize that there are a lot of distress sales in our 'metro' area. Boy, is that a large expanse -- millions and millions of people and homes.

By and large the close-desirable neighborhoods are stable -- but as the old adage goes "location, location, location". Real estate is a neighborhood business -- one neighborhood could be incredibly desirable and you head over a few blocks and this factor changes. These forces are at play for pricing homes and the amout of traffic you see when a home goes on the market

Now is a good time to be a first-time homebuyer. Rates are great and the $8,000 tax credit sure is a nice perk. Looking to sell, well, that it really depends the situation whether we would tell you to wait or to when to jump in.

We represent you and your best interests. If we don't think it is in your best interest to sell or buy, we'll tell you why and give you advice and options.

Timing and location are everything.

http://www.washingtonpost.com/wp-dyn/content/article/2009/06/12/AR2009061201729.html

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