Current Trends — Different from Last Year
Where we are now:
- Prices are Leveling Off
- Inventory is Increasing
- Interest Rates have Decreased Slightly
- Activity is Returning to Seasonal Cycles
List prices for homes in 2/3 of the largest metropolitan areas are cooling. In fact, they are falling, not just rising more slowly, in 11 of the largest 100 metropolitan areas.
“The emerging slowdown in home purchases appears to be largely seasonal”
— Thomas Popik, Research Director for the HousingPulse survey
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F. Hill Slowinski, JD, REALTOR® in DC, MD, and VA
W.C. & A.N. Miller Realtors, A Long & Foster Company
Christie’s International Real Estate
4701 Sangamore Road, Bethesda, Maryland 20816
Tel: 301-229-4000 Fax: 301-229-4015
Direct: 301-320-8430 · Cell: 301-452-1409
Email: HSlowinski@LNF.com · Web Site: www.HillSlowinski.com