Not a day goes by when someone asks us how is the Real Estate Market? And the best answer is It Depends.
If your a Seller and price your house at the going market rate, you will probably get more than one offer and sell soon. However, if you try to get more than the market, you will probably take alot longer to sell. Inventory is low right now, but Buyers are in the driver seat and will not pay over market, unless you have a unique property.
If your a Buyer, your purchasing power has never been the best that it is now! Interest Rates are at all time loans and banks are now starting to lend to more individuals. It is important to be ready to buy, which means getting pre approved from a lender and having the letter in hand to present to any sellers. We have an excellent Lender we use and feel free to call us about your Real Estate needs at anytime...Ed & Louann 703-622-3674
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