Multiple offers....'Best and Final by Friday at 5pm'.....'Sorry, we're submitting the best of the 5 offers we have received'.......'Cash Offer for above list price'. These statements are becoming more commonplace as the Spring market is upon us, rates remain low and more quality homes come on the market. Several of the close in counties of Northern Virginia and Washington DC remain competitive in pockets and it's fairly clear that some of the Investor money is coming out to capture some of the low hanging fruit. As Tierney Plumb of Washington Business Journal captured in the following article, buyers are taking advantage of falling prices and great rates.
http://washington.bizjournals.com/washington/stories/2009/04/13/daily1.html?surround=etf
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