Top Ten List for 2009

10 - Foreclosures will slow down as more short sales go through and loan modifications become more acceptable to banks

9 - As loan programs continue to change or become obsolete, more loan officers will leave the lending business

8 - Adjustable rates will go lower as the Fed continues to lower its rates and will help boost sales in some areas

7 – Locally, new home sales will be flat as developers stay firm on lot prices. However, if demand happens to decrease substantially, prices will come down as builders will “write down” lot costs on land they are currently holding.

6 - Builders will consolidate offices, sell multiple neighborhoods from fewer sales locations, and will close down design centers as a cost saving measure

5 - New home sales agents will leave the business

4 - More real estate offices will close and others will consolidate

3 - More agents will defect from the business

2 - Prices will remain stable in Northern Virginia Area

1 – RE/MAX Gateway will grow in knowledge, skills, trainings, agent count because we will be able to grab top talent from other companies with your help, volume, number of transactions and as a result have Premier Market Presence