Feb 6, 2009

Hi, All:

Let's cut to the chase this month. The headlines aren't pretty and the lines on our foreheads probably aren't much prettier with the economy. Interest rates are at the lowest since 1971— the year Freddie Mac began tracking 30-year mortgage rates. Housing prices are dropping like the mercury last week but finding financing can be frustrating.

So, is it really a buyer's market? What about selling or renting? Are Alexandria, and Del Ray in particular, trending the same as the nation?

Take a look at this market condition calculator . It's something I offer free to my subscribers. This will give you granular, detailed, current, and correct market conditions specific to Del Ray, or any zipcode. Everyone has an opinion on the market, but these are hard, unbiased numbers to help you decide for yourself and your family. You can even share this with a friend.

If you ever want to discuss the information in the report or what your best real estate options might be, please don't ever hesitate to email me or call: 703.927.2213.

Have a fantastic weekend and I hope to see you on the Avenue!
Bobi Bomar
Homes of Alexandria
703.927.2213

Coming soon!

217 E Nelson Ave, Alexandria, VA 22301
3 BR, 1BA, detached garage
Goes on the market this week Request more information

DID YOU KNOW?

Washington, D.C. Area, Tops Global List

The nation's capital was named the world's best city for real estate investment by Forbes magazine and the Association of Foreign Investors.

It is anticipated that there will be a demand for office space and residential housing as a result of the growth expected from the new administration in Washington.

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