It can be said, with confidence, that 2008 was a bad year for real estate in in the MD Suburbs of DC.  Although we tend to be more “recession proof” than a lot of the other areas of the country – mainly due to the presence of the Federal Government and the military – we have still had our fair share of foreclosures and short sales.

Prices have declined, it takes longer to sell homes even when the Seller has plenty of equity in their home and is willing to fix it up and “pretty it up” for the home sale.  Slowly but surely, I think we are beginning to see some stabilization.  However, I still think we are in for a rough patch.

I’m guardedly optimistic about 2009.  More to the point, I am not going anywhere.  I am committed to remaining in the real estate profession – full time – to serve the home buyers and home sellers in the northern Prince George’s County and southern Montgomery County area.

So break out the noise makers, the party hats and the champagne!  Welcome 2009!