Tuesday, February 16, 2010

Washington Area RE in recovery

The Washington area housing market appears to be in recovery. Home prices in the metro are slightly higher than they were one year ago, and the 4th quarter shows increased volume from last year. The Federal $8,000 tax credit for first-time homebuyers has been successful at luring reluctant buyers off the sidelines. This tax credit, coupled with near-record-low interest rates, has continued to spur buyer activity
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1 comment:

  1. Pamela DuBoisFebruary 18, 2010 at 11:50 AM

    Today, the home that stands out among similarly priced houses is the home that sells. Why? Because it makes a good first impression that lasts right to the settlement table.

    You may not be able to improve the market value of your house (finish basement, remodel kitchen, etc.), but you can improve its marketability. And usually this can be done with more elbow grease than hard cash. The key is to put yourself in the buyer’s shoes. In fact, if you drop by some open houses (you may soon be a buyer yourself), you’ll pick up some pointers. Then practice making your house as appealing and uncluttered as the home you wish to buy.

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