There are mixed feelings about the market right now.  I recently attended a Real Estate class where we discussed the issues causing the housing market situation here. In No. VA it is certainly not due to economic issues, we have low unemployment and a strong local economy.  The problem here is in consumer confidence.  Prospective buyers hear about problematic conditions in other regions and become afraid to make a move.

If you are a savvy buyer you should be taking advantage of our market.  Interest rates are at an all time low.  Granted it is a little harder to get a loan and you'll need a 680 credit score to get the best rates, but what an awesome market to buy a home.  Fairfax, Arlington and Loudoun home sales are stronger than those in Prince William County, which offers some great deals in the Prince William County area.

Any feedback?