Released: September 05, 2010
Home buyers and sellers are out of sync
Source: Dina ElBoghdady, Washington Post ( Free Registration )
Jack Donnelly put off selling his Capitol Hill rowhouse for three years until he thought he saw glimmers of life in the housing market this past spring. At $950,000, he said, the red brick Victorian is a “solid deal.”
Jackie Wright sees it differently. The row house is one of many homes competing for her attention in uncertain economic times. She’s been looking to buy a home in the District since April but is in no rush to commit, partly because she thinks mortgage interest rates - and prices - could sink even lower.
Read Full Article: Home buyers and sellers are out of sync
Tags/Keywords
housing, headlines, buying home, selling home, home buyers, home sellers
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