Are you in the market to buy or sell your next house in Washington DC but not really sure? You have come to the right place. Hopefully this Washington DC Real Estate Market Report Statistics will guide you in making a better informed decision. When you are buying a home or selling your house,you want to make sure you are doing it at the right time and/or for the right reason(s).
Nothing much have changed in this Washington DC Real Estate Market Report Statistics from the last three months. Houses are taking longer to sell now-77 days than it did last year 62 days. Less houses have sold this month -414 houses compared to last year 464 houses. Most of the houses on sale in Washington DC that were sold in October 2008 were three bedroom houses over $500,000.
234 people brought a house for sale in Washington DC in October 2008 used a conventional loan.
77 people brought a house for sale in Washington DC in October 2008 with a FHA loan.
So I am sure most home buyers want to know if the real estate market has bottomed out? Can't answer that question for you-SORRY. But one thing I would tell you is that Real Estate is still the best sound reasonable investment that you will ever make. This is a great market for buyers. There are plenty of inventory to choose from in different price ranges. Contact your local Washington DC,Maryland or Virginia Real Estate Professional to see whether it would be a good fit for you right now to buy or sell your next house now.
Here are links to my last Washington DC Real Estate Market Report Statistics.
Want to receive a full "Washington DC Real Estate Market Report Statistics" for this month or any month in your area,please sign up to receive your free full real estate market report on my website Houses for sale in Washington,DC. I can also be reached online at either Washington DC,Maryland and Virginia Houses for Sale,Lanre Folayan "Buy Washington DC Real Estate" (EXIT PREMIER REALTY ... or Twitter http://twitter.com/DCHomesforsale. Please give me a call at 202-378-0283 (Direct) or 301-560-6700 x1154 (Office) at your earliest convenience. Thank you very much. Looking forward to helping you make your home purchase or sale a stress free and very happy one. Have a great day. "Buy a home in Washington DC"