I have said it before and I will say it again. The Housing market in Metro Washington DC - is good.
Just this week; an out of town buyer was shocked when I told her that the 10 of the 14 homes she asked to see last week - were Under Contract. "Isn't it a Buyer's Market?"; she asked. "Not Really. Not in DC."
The truth is - the GOOD Homes are GOOD and they are selling. In many areas; within days or a couple of weeks. The BAD Homes - are still bad; and sit and sit.
A recent article; states that the Government Budget is helping the Washington area housing market. The Article basically states that demand for housing is growing quicker in Washington, than any other Major US city.
It sure helps when the Federal Government is the biggest employer in the DC Metro area; that coupled with the contractors and government support companies. Jobs and job growth is a sure fire way to help the Housing Market rebound.
Contact James Downing of the Downing Real Estate Group, if you are selling, buying or have questions!
Office: 202-362-5800 Cell: 703.244.3971
Licensed in Washington DC, Virginia & Maryland.
Coldwell Banker Residential Brokerage - Chevy Chase
5028 Wisconsin Ave NW Suite 100 * Washington DC
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Visit Volusia County in Florida and show me the good homes---I want to sell them. The bad homes and good homes here are flooding the market.
Is the inventory low or high over there? How many months of inventory do you have?