September 2010 NOVA Market Watch Video

The latest market watch video for the Northern Virginia has been released.

The statistics show the market did slow down in September.   It is not uexpected to see slowing as we head into the fall.   However it is interesting with interest rates currently hovering in the mid 4’s, the lowest since the 1950’s. 

If you are a buyer still sitting on the fence I’ll tell you that some of my previous buyers have scooped up some nice deals in the month of December.  Sellers are motivated.  If you are thinking of buying this year, now is the time to be out looking at the inventory and watching for price reductions.

Leave a Reply

Your email address will not be published. Required fields are marked *

CommentLuv badge