Monday, June 13, 2011

Improving Metro DC Market over the last Year. Great time to sell.


CNN/Money: Metro DC home sold prices up from 1 year ago through 2010 5.6%, homes listed 4% higher than a year ago and homes selling faster than nat'l mean average (Metro DC 87 days, nationally nearly 6 months). "Home prices should continue to improve as builders struggle to catch up with increasing demand." Thinking of selling your home,let's talk about the market. This is the time to get your home on the market as school year is ending and many buyers take this time to house hunt.

On top of that,according to Saturday's Washington Post,interest rates for 30 year mortgages went to below 4.5%...think of how much more house you can buy with a 4.5% interest rate than with a 6% or 7% interest rate.

Below is a link of CNN/Money article about Top 10 "turnaround towns"--improving real estate markets,which includes Metro DC.

http://www.linkedin.com/news?actionBar=&articleID=548966620&ids=0MdzoUdzoOdPkIc38SdzoVe3gRb3wUdPkPc34TdiMUcjoRdjwUe3gIcz4RcjAPcPsR&aag=true&freq=weekly&trk=eml-tod-b-ttle-44

If you know someone thinking of getting into the real estate market to sell or buy a home,I am here to help and am happy to provide a free pre-market evaluation.

Adam
adambashein@mris.com
CELL: (301)943-4370
www.basheinhomes.info
(301)718-4100
Adam Bashein Licensed in MD & DC
Weichert Realtors

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