The purchasers are like locusts - eating up all the listings.  You can't keep a house on the market.  Purchasers love the low priced  listings - they love the market priced listings in excellent condition and with upgrades.  They all want to take advantage of the tax credit.  Northern Virginia is a great place to live.  Arlington, Alexandria and Springfield are the best places to live.  Interest rates are incredibly low.
When you see a place you like, which fits the bill, then you should buy it.  Why? Because if you don't then someone else will.  And yes, the world is not ending, and so you will need a place to life and so this is a good time to invest in a piece of property.  Of course, owning is better for people who live stable lives.  While I have seen a lot of cash buyers recently, most real estate purchases involve a loan, and the bankers only want to lend to very credit worthy borrowers.  There are some good government financing programs for purchsers who need help getting financing - I can help you find a good lender.
Choose a place which can be a rental for a long term investment if you are a person who may move around a lot.  Invest in quality communities such as Arlington, Alexandria and Springfield in Fairfax County. (Visit my blog again soon, and I am sure that I will find the statistics which will document this huge burst in sales and the total lack of available listings.)
It is so much easier if you work with an excellent Realtor.  Someone who has your best interest in mind.  A person with lots of experience helping people just like you get your best property on the market.  I have seen lots of homes in many neighborhoods over the past 20+ years.   So if you know what you want, then I can help you find the property that is the best match.
Financing interest rates are low.
My clients have reported that actually receiving the credit can be tiresome.  So if you have some tips to make getting the credit easier then please let me know.  In the meantime, keep your paperwork together when filing requests with the IRS.
Visit my new website www.TaylorBrown.com  We are still building it - so there will be lots more picturs and links there soon.
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