Washington DC

We just got back from the National Association of Realtors convention in Washington DC and it was very informative and lost of fun.

We stayed on Connecticut Ave close to Dupont Circle and took the Metro everywhere. From someone out in the desert that is still fun!.

We learned that alot of markets are dealing with short sales and lots of foreclosures so that makes the real estate market in El Paso, Tx look super. We do not have many short sales and our foreclosures are down 50%.

It is still a great time to buy in El Paso and the market has really picked back up and sales are strong. Some sellers are still giving concessions but prices are selling about 3% list price to sales price ratio.

Back to DC, if you go there soon there is a great Tuscan restaurant on 19th St called I Ricchi that was wonderful and the presentation was what made the evening. Our waiter was an appraiser also so he was fun to talk to since we were all in real estate.

We got to visit our Congressman and State Senators at the Capitol Building and we went to the Newsmuseum near the Capitol Building and it was fantastic.