I probably spend more time answering the question, "what is going on with the Real Estate market?" than any other question. I own a small brokerage, so I am constantly looking for my own sources so that I am prepared each time this question is asked. If you haven't checked out the George Mason Center for Regional Analysis website, I would highly recommend it. The put together periodic Housing Reports, geared toward the Northern Virginia area. The website is http://www.cra-gmu.org/. They recently posted the 2007 Housing Market Forecast. It is worth taking a look.
Personally, based on the recent pace of phone calls and inquiries, I would say the market is starting to pick up. My listing calls still slightly outpace my buying calls, but in the fall there were no buying calls!
I would be interested to see what the rest of you are seeing...
If you like what you've read, please consider subscribing to my blog by clicking on the Orange RSS button and following the instructions. Thanks!
A GREAT Real Estate experience.
If I can help you, your friends or family buy or sell their next home in Northern Virginia, please let me know!
If you need help with a home outside of Northern Virginia, I have an extensive network of referral agents and will make sure you are working with the best!
The contents of this blog may not be copied or reproduced without the permission of Holly Weatherwax.