Plain Talk On How a Buyer Should Approach the Market If you plan to own your home for more than just a few years, rest assured that the Washington DC Metro Area is not just a popular worldwide destination, it's an excellent long term investment with a population of over 5 million. DC is considered one of the fastest growing regions in the nation with Opportunity, Affordability and Diversity
Buying a home is still a good investment if you can afford it, if you are ready to put down roots in a community, and if you want to invest in your personal happiness. Profit potential shouldn't be your only reason for buying a home, even though in most cases your home will appreciate in value if you maintain it and if you own it long enough.
The housing market, like any economic market, is cyclical. There are periods of robust activity followed by periods of sluggishness. Prices can go down as well as up. Now that the market has softened in most areas, it's time to look at owning your home as a way to gain control over your personal domain -- not as a source of quick cash. Mortgage Interest Rates Remain Historically Low. Sellers are motivated. There are a lot of choices. Always Consult a CPA or Financial Adviser For Your Individual Needs and Related Questions. "A Listing Agent needs to be committed to their client. Willingly dispense the resources necessary to successfully complete their fiduciary obligation & responsibility to their Client". "Grodin is Advancing The Practice Of Real Estate to New Heights Utilizing his Extensive Experience, New Ideas, 21 Century Technology and Traditional Customer Service (RE Progressive Newsletter. nov.'08). |