Market slows in DC region including Maryland & Virginia

The Washington Post has just published an article showing what we’ve been seeing for a few months now.  The media can take a bit longer to report on what we see everyday speaking with sellers and buyers.  That said, it’s getting tougher to sell a property in the Maryland, District of Columbia, and Virginia markets.  There is always a summer slowdown with real estate, when buyers go on vacation and are prepping for kids going back to school.  However, this summer things have slowed to a crawl.  Likely affected by the government shutdown last October, sales have stagnated from this point last year.

Another factor remaining out of sellers control, is the ability for a buyer to qualify for a mortgage based on new tougher mortgage qualification standards.  Uncertainty about the economy may have other buyers leery of moving forward on such a large purchase.

More information can be found at this link to the Washington Post article,

http://goo.gl/fnV1Nz

Before you move forward with listing your home and having it languish on the market for months, give us a call and let’s discuss what we can offer you cash for your property.  We can cover closing costs & moving expenses.  We can even arrange to clean out your property and donate excess to charity.  Call Beltway Home Buyer at 443-295-3856 to get your no strings attached cash offer.

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