Don't make LOCAL decisions with NATIONAL News

One of the biggest challenges for buyers in the Washington, D.C. metro area is that they get wrapped around the axle when it comes to NATIONAL real estate news. We are not the national market. Consider this:

Prices are down NATIONALLY
Inventory is up NATIONALLY
Foreclosure filings are up NATIONALLY
Listings linger on the market NATIONALLY

In Northern Virginia -- sales are up 41%; in Prince William county, they've almost doubled over the same time period as last year. Foreclosures are drawing multiple offers OVER list price.

When you hear the news it's NATIONAL statistics - including the WORST areas for real estate.

Enter, the DC area -- where jobs have continued their growth throughout the whole recession; where real estate is already on the rebound (see the powerpoint charts in the previous posting). Forbes has rated the DC area as the best real estate market for 2009: http://blog.guidantfinancial.com/2009/01/worlds-best-real-estate-markets-for.html

 All I have to say, folks, is get on board. This bus is already loading up. This elevator is heading to the top floor. This train is all aboard....get it?

Seriously - if you ever get to look back and say, "I made a good decision," it will be the real estate market of 2009 in Northern Virgina.