Wow! What a day! 70 degrees out and sunny, a great time to be out looking at homes!
Everything I am reading/hearing/seeing is telling me that we are seeing substantive signs of recovery in our local Real Estate market. Even the Washington Post had an article in the Real Estate section today that chronicled how buyers who have been sitting on the fence for the last couple of years are now beginning to move on properties because market conditions, prices, and interest rates have created an attractive home purchase proposition for many. In my opinion, once the media begins to pick up on trends (either positive or negative), industry is already well into the early stages of a new business cycle.