Wow. So the housing industry is finaling getting some good publicity. I think we are all tired of hearing about short sales ( selling for less than the mortgage due) and foreclosures. I know when I look at the news there are foreclosure signs everywhere. Have you noticed that most don't have area codes of Northern Virginia? In the first quarter single family homes in Fairfax County have gone from an absorption rate of 23% in Janurary to over 45% in May. First time buyers are realizing this is THE time to buy with a possible $8000 tax credit and interest rates around 5%!
There are plenty of Open Houses on the weekends and agents are ready to help you. Look for your favorite area. Call a Realtor who will educate you on the buying process and get started. This market will not last forever. In fact it looks as if it has hit bottom already.
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