|2011 is already shaping up to be a busy year in the real estate world. Here’s the latest:
The DC area’s strong job market continued to carry our real estate market, which was one of only 3 US markets to see growth in 2010. DC was named the #1 market expected to rise (6.5%) in 2011 by Forbes. The census showed our area to be the wealthiest and most educated in the nation.
Renters are starting to feel the squeeze, too, as noted in this Washington Post article. (Thinking of buying an investment property? Read our recent blog posts on finding a property and calculating cash flow, then attend our free class on January 31st.)
Thinking of renovating your house instead of buying a new one? Make sure you don’t over improve…read what Money Magazine has to say about kitchen remodels, and check out the 2010-2011 Cost vs Value Report.
Our Keller Williams office now has a commercial division! If you know of a commercial property owner or a business owner looking to buy or lease space, please think of us!