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Real Estate Market Washington DC
- 3. The world of real estate investing has certainly changed over the past few years.
- 4. You can purchase property for a fraction of what it cost just a few years ago.
- 5. At the same time the prices for rentals remains fairly strong since many people have lost their houses and now require rentals.
- 6. There are also some wonderful deals on foreclosures and short sales.
- 7. Many of the properties are suitable for rental income or they can be purchased and then held for the long term.
- 8. Financing rates remain at historic lows so the carrying costs for long term investments are quite reasonable.
- 9. It is safe to say that real estate prices will eventually firm up and increase over time.