This market update is for all price ranges, and provides a snapshot    of Washington    DC and several "close in" cities. The market continues to show large inventory of unsold properties and relatively low volume of homes under contract indicating a strong buyers' market. With interest rates dropping in the last weeks because of aggressive federal intervention to rescue Fannie Mae and Freddie Mac, the time is ripe for all categories of buyers, especially first time home buyers with reasonably good credit scores.

"Active" indicates a property that is on the market for sale through a professional realtor. Source MRIS, which does not include some "for sale by owners".

Feel free to contact me for a market analysis of your area or for the sale or purchase of your home.

 All such consultations are not only complimentary -- but done with a smile!

contact me by email                    301-575-4915                      www.homesbydans.us