Monday, January 3, 2011
A Buyer Explains the Decision to Purchase in 2010
Megan McArdle, a business and economics editor for The Atlantic, explains why she recently bought in DC. Interestingly, some of the reasons are the same buyers have been giving since the bubble burst in 2005. However, in this period, prices have continued declining, demand has dwindled and inventory soared, and credit has tightened. Read.