Home sales are on the rise, and with new buyers streaming in daily, it will be a good year for real estate sales. Prices are still dropping and are expected to continue dropping. No one has the magic ball with the answer as to when prices will stop falling. A lot depends on how quickly the economy rebounds. With the newly announced First Time Homebuyer Tax Rebate of $8,000, buyers now have the motivation to purchase this year. The Tax Rebate is Non-Refundable which offers an even stronger incentive and will produce a further boost to home sales. Buyers are more recluctant to make offers on new homes coming on the market, preferring to wait a while until the price is dropped. The best houses priced under $450,000 will sell quickly - higher priced homes face more a challenge.
Location Characteristics: Alexandria real estate includes a broad collection of homes for sale, condos for sale, beautiful estates, investment homes and executive properties. With a quick commute to Washington, DC, the Pentagon and major highway arterites, Alexandria remains one of the top locations in the Northern Virginia and the Washington, DC area.
About Cheryl Shier:
Success is not measured in dollars, but in the satisfied clients I have obtained over the years. Hard work, fun and a thorough knowledge of real estate in Northern Virginia has guaranteed a happy home buying and selling experience for my customers. Let me assist you in finding or selling your home - contact me at (703) 980-2054 or email me at cheryl.shier@mris.com
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
