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THERE HAS NEVER BEEN A BETTER TIME TO BUY! - 04/17/07 03:42 PM
All the media 'gloom and doom' hype overlooks the obvious. While the market is not the strong seller's market that we have experienced over the past 5 years, it is a GREAT MARKET FOR BUYERS! Consider the following:
Interest Rates are about where they were in 2000 when the boom began - 30 year lows at that pointBuilders have excess inventory locally and in most other markets which leads to their offering tremendous incentivesExcess inventory in New Construction means existing sales are taking longer, making sellers more open to negotiationThe Flippers are goneFlippers who got caught with inventory are extremely motivated.  
Then there … (5 comments)

 

Gregg Holman

Herndon, VA

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REALTY WORLD MID ATLANTIC

Address: 13800 Coppermine Road, Herndon, VA, 20171

Office Phone: (703) 793-8383

Cell Phone: (202) 270-7425

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One Broker's observations of the market, our industry and all the fun experiences he encounters along the way.


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