Archive for December, 2010

Housing Negativity on TV

You probably won’t hear this on TV but the Washington metropolitan area   just had its’ second busiest housing sales period for 2010.  With rates in the 4′s, seller concessions such as closing help customary and inventory plentiful, well why wait ?  And besides the negative media we also have many first time buyers “waiting it out”.  I’ve heard many people hesitate to buy because  the “ prices are still falling downward”,  or  ”well I heard the rates will go into the 3 percent range”.  All very nice thoughts and ideas, but not probable.  If you are able to save up the money for a down payment  and get approved for a mortgage my question  is “why wait ” ?   Great inventory, low rates, anxious sellers,  the climate couldn’t get any better.  Wish I was buying my current home in this particular market we now find ourselves in.  It IS a great time to buy IF you can so turn off the doom and gloom on your television and get ready to find a great home to live the next chapter of your life in.

Vicki Reyes

Remax Town Center     Associate Broker, GRI

301-452-0157 cell

301-540-2232 office

vickiRrealtor@aol.com

Leave a Comment