McBRIDE REAL ESTATE SERVICES, INC.

Washington, DC 4th Quarter 2008

Shelter From The Storm When your boat is in the way of a hurricane, you’ve generally got 2 choices: ride it out in deep water or seek a sheltered harbor, a.k.a. the hurricane hole. Right now we’re experiencing the equivalent of a financial hurricane and the eye of this storm has yet to pass. Fortunately for those of us based in the nation’s capitol, Washington, DC is the closest thing to an... [Read more...]

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Washington, DC 3rd Quarter 2008

FASTEN YOUR SEATBELTS It may not be the worst economy since the Great Depression, but it certainly is the most unsettling era since the S&L Crisis. When financial markets are in turmoil, it may affect us all differently, but it does affect us all. Wildly gyrating stock markets, commodities, etc. leave us all wondering where the new “normal” will be. So far it appears that the fundamentals of... [Read more...]

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Washington, DC 2nd Quarter 2008

Strong Demand, Stronger Supply Whenever supply outpaces demand, the two most common results are higher inventories and lower prices. In the automobile industry, it is common for some automobile companies to offer buyer incentives, such as rebates and financing, to help sales when inventories are too large. However, such discounts are rarely found for the most popular models. In the case of the Washington,... [Read more...]

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Washington, DC 1st Quarter 2008

Mixed Markets, Mixed Messages Reality is a function of perspective. Landscapes appear drastically different from varying vantage points. For example, life is serene when sitting on the beach, but can be treacherous a few yards away in the surf. Likewise, the Metropolitan Washington, DC office market has a healthy glow when observed as a whole, but is going backwards in various submarkets. “The... [Read more...]

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