Things to do in Washington DC: Is your real estate market a safe haven?

Is your real estate market a safe haven?

Is your real estate market considered a safe haven? Louis Jones of www.kiplinger.com recently wrote an article called "Safe Havens in Real Estate".      

                                                                  Picture of Market Stalls - Free Pictures - FreeFoto.com

Using data gathered from Fiserv Lending Solutions-a home price research company,five cities made the list. But Washington DC Real Estate was considered a average real estate market. I am sure you are curious to find out how did the cities they chose made the list? Well these cities local economies kept unemployment and foreclosure rates below average. Also their afforability is low.

So did your Real Estate Market make the list? Click on this link to find out. 5 stable housing markets. And if your city did make the list,I hope you can use it to attract more buyers and sellers as well as relocation buyers.

Looking for a Washington DC Real Estate Professional that will help you buy or sell your next house? Check out my website Houses for sale in Washington,DC. I can also be reached at Lanre Folayan "Buy Washington DC Real Estate" (EXIT PREMIER REALTY ... or Twitter Twitter: DCHomesforsalehttp://twitter.com/DCHomesforsale. Please give me a call at 202-378-0283 (Direct) or 301-560-6700 x1154 (Office) at your earliest convenience. Thank you very much. Looking forward to helping you make your home purchase or sale a stress free and very happy one. Have a great day.  "Buy a home in Washington DC"

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Comments

Thanks for the post. I will check out the link.

Posted by GITA BANTWAL, REALTOR,ABR,CRS,SRES,GRI BUCKS County & Philadelphia, PA HOMES (RE/MAX Centre Realtors) over 3 years ago

I saw this yesterday and was astonished that Austin did not make the list. We are consistantly in the top ten of virtually everything. Thanks!

Betina

Posted by Betina Foreman-Realtor, C.N.E. selling homes in Lake Travis & central Austin! (512-771-6318 Austin Home Girls Realty) over 3 years ago

Gita- You are very welcome. Have a great and safe thanksgiving.

Betina- I am shocked too. Matter of fact Barbara Corcocan was on the Today show on NBC about three weeks ago and two cities in Texas made the list of top five real estate market- Austin and Corpi Christi. Have a great and safe thanksgiving.

Posted by Lanre "The Real Estate Farmer"Folayan Buy a home in Washington DC (EXIT Advance Realty-Washington DC House for sale) over 3 years ago

Lanre,

 Good stuff, as usual from you, I'll have to take a look and see if San Antonio is on there.  Thanks for the info.

Posted by Frank Bailey, ABR, GRI, SRS, SFR, CHMS, CDPE (Keller Williams Realty) over 3 years ago

Frank- Anytime. By the way I am going to do your Meme right now. Check with you later. Take care.

Posted by Lanre "The Real Estate Farmer"Folayan Buy a home in Washington DC (EXIT Advance Realty-Washington DC House for sale) over 3 years ago

I think Denver is an average market, in comparison to the rest of the country, housing prices seem to have stabilized some, even though they are down from 3 to 4 years ago.  There is definitely less surplus and about 30 percent less homes on the market in the Denver area than last year at this time.  Colorado unemployment rate is 1 percent less than the national average which is 6.5%. 

Posted by Tatyana Sturm, Denver Realtor, GRI Denver/ Aurora CO Relocation Specialist (Exit Realty DTC) over 3 years ago

Tatyana-Denver is definitely an average market. Average house sold in Washington DC in November was $549,000 and average days on the market was 80 days. Houses are very expensive and they are taking longer to sell. 568,000 jobs lost last month is not good news either. God willing things will get better VERY VERY SOON.

Posted by Lanre "The Real Estate Farmer"Folayan Buy a home in Washington DC (EXIT Advance Realty-Washington DC House for sale) over 3 years ago

549K??!!   Wow, I'm in the wrong market area!!   LOL

Posted by Frank Bailey, ABR, GRI, SRS, SFR, CHMS, CDPE (Keller Williams Realty) over 3 years ago

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