DC Metro Area Should See Market Improve Thanks to Obama and Congress

As the Presidential Election came to an end on Tuesday evening, Barack Obama was giving his speech and the housing market in the DC Area was starting to pick up steam. Between the new Presidential Administration and the new members of Congress, estimates predict 40,000 people moving to the area while another 40,000 move out.

This transition may be exactly what the DC area needs...A Mini Real Estate Boom! There is an abundance of houses currently on the market, but activity has picked up in many areas over the last few months. There should be more home buyers in areas such as Georgetown, Potomac, Alexandria, Arlington, Chevy Chase, and many cities in between. Many political appointees and high level staffers have already moved into the Obama Administration Transition Offices near the White House, and have already began their search.

Regardless if you wanted President Obama in office or not, one can only hope that his popularity and administration bring something to the DC area that we have needed desperately for the last few years....NEW HOMEBUYERS! Welcome Obama Supporters, now give me a call so we can talk about your financing!