Bubble? What Bubble?

It's been a long time! July was a crazy month trying to juggle vacation schedules and work. Today I'd like to talk about the Real Estate Bubble that everyone is worried about. Here in the Mid-Atlantic I feel that we have very little to worry about. I can foresee appreciation of resale homes to level out, some, but in no way will the decrease. After 9/11 the Baltimore- Washington corridor saw an enormous increase in the job market, primarily having to do with homeland security. With unemployment at such a low level and interest rates still at record lows, our market will continue to thrive. Granted, we may not continue to 28% appreciating from month to month, but no bubble will burst here anytime soon. Now if you have real estate in California or New York City...Well that's a different story. And don't just take my word for it. Check out the following articles which support my opinion: Ecommerce Times, WBAL, Consumer Affairs. So feel confident in your purchase of a new home or sale of you current home. And remember if you need assistance, I'm only a phone call or email away! Have a great day!