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Happy Holidays! 2008 is finally winding down, a period which will be remembered as rife with uncertainity in not only in real estate, but the Automobile and Financial industries.
It goes without question that everyone is eager to turn the page to a new year, leaving the doubt-riddled headlines of yesterday's papers behind in search of more optimistic outlooks.
Luckily, it seems our hopes are being answered, althoughly slowly and conservatively, so as to not risk further financial collapse. With the FED cutting interest rates as regularly as the rest of us
mow our lawns during summer, interest rates are reaching historic lows. The abundance of cheap money is surging forward in the form of new property purchases, finally turning the tide
on the beleaguered Real Estate market. Next year has all the promises for a resurgence in housing industry and, finally, a reversal of the creeping unemployment numbers that have plagued our newsbroadcasts.
As this year wraps up in the next few weeks, give thanks to your loved ones, promises to yourself, and help to those in need. Even in these dark times, there are reasons for thanks. Happy Holidays and Happy New Year. - Tom and Nancy Gretz
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Another Model Home from the DC Insiders!!!
Capitol Riverfront: What’s the Latest?
"When Nationals Park opened in March of this year, the neighborhood that surrounded it was just beginning to take shape. And even though the transition is creeping along (and will continue to evolve for the next four years), the area that is being called Capitol Riverfront may soon be a destination for home buyers who want to invest in one of DC’s untapped zip codes."
Want to read on? Check out the rest here!
Rental Madness for Obama Inauguration
"When reports came out in August that Oprah Winfrey was spending $50,000 to rent a house in Denver for the week of the Democratic National Convention, it shed light on a profitable new industry."
Want to read on? Check out the rest here!
Will 4.5 Percent Interest Rates Soon Become a Reality?
"It is now widely-known that the Treasury Department is considering a plan that would encourage banks to drop interest rates for new home loans to 4.5 percent, a full point lower than some of the lowest rates currently available for standard 30-year fixed-rate mortgages. Even though the plan is in its very early stages, just the talk that rates might drop to these historically low levels (and the fact that just yesterday the Federal Reserve cut its benchmark interest rate to almost zero) has gotten the attention of prospective home buyers. But with rates that are already lower than they have been in years (under 6 percent), does it make sense to wait for something that may never come?"
Want to read on? Check out the rest here!
Looking to sell your home? Just ask any of the following how easy, and quick, it was to sell through us!
- Jebron and Kyla - DC
- Cathy and Dave - DC
- Jesse and Brian - MD
Congratulations to our latest clients and their new homes!
- Johnathin and Casey - SE, DC
- Charlotte Dewhickey - DC
- Preson and Anne - DC (in a former model home!)
Christmas in Washington Restaurant Dining Guide
"Christmas is a time to celebrate with a special dinner, and in case you’re not up for going all out at home, many restaurants in Washington serve festive meals. While some places offer their regular menus, others are preparing special holiday feasts."
Click here more info!
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Tom and Nancy Gretz | Long & Foster Real Estate, Inc.
Direct Line: (202) 386-1441
Office Line: (240) 497-1750
E-Mail: gretzgroup@longandfoster.com
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