Okay, I’ve been pretty good the last few years about not telling people that we have finally “hit the bottom”. Unlike the ever optimistic National Association of Realtors (NAR), I have not predicted a turn around in the housing market on a near monthly basis.
I will NOW say that there are definite signs of the market going back up. The inventory of foreclosures has come down and competition for available properties is up! This coupled with the low interest rates and the tax rebate for first-time home buyers makes this perhaps the right time to buy.
If you are in the market for a home, send us an email so that we can help you take advantage of the current market.
Frank Ramos, REALTOR, CISA, PMP
Jobin Realty
Manassas, VA