Monday, March 23, 2009

Right Now! It really is a good time to buy a house.

I remember about 15 years ago when the market was similar to the way it is now, (extreme buyers market), a local real estate company had this radio ad that said, " right now really is a good time to buy a house". That was 1994 or 1995 and at the time it was really hard to tell. Well hine sight is 20/20 and if you would have bought a house back then it would be worth a lot more today. After 3 or 4 years of our market correcting here in Northern Virginia I beleive we are at that point again. You add to that interest rates being at an historic low and prices having dropped dramatically and it is a bit of a perfect storm for buyers to take advantage of this market.

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