The local market has picked up considerably. The attached link offers supporting stats. We're seeing many homes selling quickly (in a week) with multiple offers -- this is definitely driven by neighborhoods and price points. Desirable neighborhoods - Arlington, VA; Del Ray in Alexandria and Dupont/Logan Circles - are attractive when the market is up or down - people often make lifestyle choices to live 'close in' to the city and be in walkable neighborhoods.
As we've said before - it is a very good time to be a first-time home buyer!
http://bengelblog.com/2009/06/02/pending-home-sales-increase/
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment