The KCM blog breaks down a survey on investment strategy with results by age group and percentage in an interesting post today which can be found : here The survey shows that real estate is once again the preferred top long term investment of choice.
Luckily, there is a plethora of capital in the DC area. Bank sales, foreclosures and short sales are rapidly snatched up by investors and home seekers. That is not to say that there are not challenges in the real estate market in Northern Virginia. Some properties, bought at the height of the market in 2005-2006, are not yet selling for their former peak prices. The values are getting closer to peak pricing with each passing year.
For more information on the Northern Virginia real estate market call me today. I can assist you in selling and/or buying a home and provide the guidance necessary to make informed decisions.
Thank you for visiting the Silver Lyne blog,
PS Picture is a courtesy of free digital photos