As bidding wars return, cash wins in the Washington region
January 3, 2010
During the housing boom in the Washington region we faced inflated prices and bidding wars forcing buyers to pay more than they wanted or expected or be shut out from the dream of home ownership. Interest rates were low and credit was flowing. Times were good – or so we thought.
A few years later, as America struggles to pick up the pieces of a crumbling housing market, the Washington Post, did an article – Cash-rich real estate investors trigger bidding wars, frustrate other buyers – on what appears to be the latest craze.
2010: a new year, a new blog
January 1, 2010
Happy New Year! I decided the new year was an excellent opportunity to start a new blog dedicated to integrating technology into economic and community development. MUC6UQQRNZBR