It's the end of the world...

I'll bet you've been hearing this on the national news channels regrading the real estate and mortgage markets. If you're eager to buy a home and are waiting for the prices to drop remember that REAL ESTATE IS LOCAL. Those news reports in the national magazines, papers and TV stations are looking at the nation as whole and are not necessarily accurate when talking about specific areas. Some areas are worse and Washington is NOT one of them.

The Washington state real estate market has been identified as one of the strongest* with Vancouver one of the best places to live. If you're sitting on the sidelines waiting to buy, it may not be one of your best move. No pun intended... Prices and interest rates are still at good levels and the selection is outstanding. When itc omes to the local market, make sure the reports you're reading are, well, local...

* local.http://www.realestatejournal.com/buysell/markettrends/20070830-paletta.html is one article.