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Bubble Meter is a national housing bubble blog dedicated to tracking the continuing decline of the housing bubble throughout the USA. It is a long and slow decline. Housing prices were simply unsustainable. National housing bubble coverage. Please join in the discussion.
These signs certainly seemed to be going extinct in recent years. But they are back.
ReplyDeletewww.dcbubble.blogspot.com
Maybe on the way down, we can call it the Housing Hydra- you sell one property, and two more go on sale in its place.
ReplyDelete(Under Contract) #DC5551739
ReplyDelete1900 S ST NW #2
WASHINGTON DC 20009
Purchased 2/25/04: $275,000
Asking Price: $339,000
Sale Price: ?
(For Sale) #DC5507644
1900 S ST NW #302
WASHINGTON DC 20009
Purchased 11/26/03: $334,500
Asking Price: $559,900
Sale Price: ?
Steinravnik,
ReplyDeleteI live in the Petworth neighborhood and I agree, its alot of For Sale signs. I don't think I've traveled one block without noticing at least one or two of them.
That reminds me, I still need to snap a photo of those 6-7 grouped For Sale signs by my job at Park Center.
It's going to be interesting to see how all of this unfolds.