A Century 21 Redwood Realty Associate Blog
May
22

Take a Deep Breath…

The last time I looked at inventory levels in LoCo was on May 4th, right after the first time homebuyer tax credit ended, and found the HUGE jump in homes available for sale. Looking at what has happened since then, it appears to have leveled off a bit (and absorbed a tiny amount of the condo/townhome inventory).  Anyone that tells you they know for certain what will happen with our real estate market now, without the tax credit driving demand, is nuts. I’m in a holding pattern, watching the statistics to see what happens. For right now, I’m holding my breath.

Cheers,
Heather

(as usual, keep in mind that the condo line includes townhomes, too!)

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Posted by Heather Elias Loudoun County Subscribe to RSS feed

One Response to “Take a Deep Breath…”

  1. Tweets that mention Take a Deep Breath... | LoCo Market Stats -- Topsy.com says:
    May 22, 2010 at 8:03 am

    [...] This post was mentioned on Twitter by Heather Elias, LoCoMusings. LoCoMusings said: After a huge jump up in real estate inventory, LoCo calms down in the last two weeks. Take a deep breath… http://bit.ly/9BAQJJ [...]

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