It has been about 10 years since the last real estate boom in Northern Virginia. I remember in 2005 when there were 7-8 contracts on every home which surfaced on the market. Whew those were trying times! But truth be told we thrived on the chaos and activity.
Well I think we are due for the next cycle (most housing booms are about 10 years apart). Rates are still very low and although financing has become more stringent in qualifying, there are still plenty of good programs out there for most people.
So gear up folks - Sellers spruce up your houses and get them on the market for the Spring weather. Realtors are available to help you with this process. Don't go at it alone. And Buyers get your finances in order and get prequalified so you are ready when your dream home comes on the market!