Tuesday, September 1, 2009

Sold out in Loudoun County

It's been a busy August! Buyers are out in droves trying to taking advantage of the $8000 first-time buyer federal tax credit which is coming to its expiration date on November 30th, 2009. The tax credit seems to have done its job. That, along with attractively set low interest rates and we are facing much different challenges than we were dealing with in Fall of 2008. Our inventory is practically sold out. Homes under 400k are hard to find and prices will and have begun to rise in this price range. New home builders know it, first time buyers know it and soon the rest of the world will realize that change is in the air. How exciting!! Call Vicky Noufal at 703-402-5416 for your local real estate needs.