Great Time to Buy Real Estate
Northern VA is an area that many have said is recession proof. We have a STRONG and STABLE economy, projected future job growth and projected population growth. Our unemployment is below 2%. The indicators clearly point to a good and growing real estate market in the future. When the market turns ... Northern VA will be one of the first to turn and the local REBOUND will bounce higher than most other markets in the nation.
2008 is a great time to buy real estate in Northern VA. We are in a very strong buyers market and there are many distressed properties for sale and those that are not distressed are certainly anxious. There are a lot of great deals to be had! It would be a mistake to purchase with the intent of attempting to resell in 2008 or 2009 ... but if you are looking for a principal residence or an investment property that you will be holding for a few years then you could likely benefit "big time" from the eventual market rebound.
"There is opportunity in every market!"
JT
Real Estate Info - Loudoun County Real Estate Info
Labels: buy real estate, Northern VA Real Estate, Real Estate Market Rebound