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Fairfax Realty of Georgetown
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A born and raised Washingtonian that has lived in NE DC for the first 28 years of his life, Kenn Blagburn is familiar with old DC and new DC. His family has been in the city for 6 generations. He has helped his clients save money, time and mental anxiety when it comes to buying and selling real estate. In a real estate transaction you want someone who knows contractors, inspectors, attorneys and movers. Kenn has the resources and the means to help in your real estate transaction. He has documented success in selling properties quickly even in the toughest of markets. --Licensed in DC, MD and VA.
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Trulia Voices!
Corporate owned or foreclosed properties are handled with more urgency. Banks don't work as hard on short sales because it is not their property......YET! I would rather deal with a foreclosure. - Wed Jul 9 2008, 16:59
Nicholas,
What does extremely high inventory mean for you as a home buyer in annapolis? How many houses is extremely high inventory. You said it means something different than a great time to buy. Please tell me what it does mean. I would like to talk specifically about the market you are living in. Give me a zipcode in annapolis that you are talking about. - Tue Jul 1 2008, 11:53
I wrote that if you can you find a property with a mortgage payment equivalent to renting then why would you rent. I included a link for my stats. I will include a direct link to the chart in this response. - Tue Jul 1 2008, 08:00
I think this a great thread. If the amount of rent you are paying is equivalent to a mortgage payment, why wouldn't you buy? You are not gaining equity from renting. There is no tax shelter. Are you going to wait until the market comes back up again? Then prices will be be up and you will be competing and then you will paying more. Over the past 28 years the national average appreciation has been approx. 6.34%. - Tue Jul 1 2008, 07:23
You may be able to find something in Mount Pleasant/ Columbia Heights. There are currently 2--- 2 bedroom/ 2 full bathroom townhomes right around $500K on 18th Street. Very diverse and historic area. - Tue Jul 1 2008, 07:32
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