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Has Northern Virginia /Fairfax Market Cooled off ?2013 Real Estate Market Report
Many of us have been repeatedly heard and read through media sources that the real estate has recovered. Low inventory is causing multiple offers and it is cheaper to buy than rent with low interest rate.
While the fact about the Northern Virginia- Fairfax County market is true, that the rise in the price has been seen in past year. The short supply is having an impact on median sales prices, which experienced double-digit growth for the 4th consecutive month through entire DC metro area. Good news is with the holidays behind us and not too harsh winter (what NE is facing) we have seen an increasing in the inventory.
What a Northern Virginia Fairfax Home Buyer can do NOW:
Many of the buyers may want to wait out till spring to coincide  with the school year or move in warmer weather, buyers you may want to think over your strategy.  Do remember that you are not just the only one who wants to work around your personal accommodation. Sellers who are in the market in the winter months are motivated sellers. Take advantage and offer a rent back to the seller and or ask for extended closing date. You may have to ... more

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