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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.
has lance put in a bid on this baby yet? remember they aren't making any more real estate and the time to buy is NOW.
ReplyDeleteThat'd be one heck of a commute to DC...puts a whole new meaning on crappy "exurbs".
ReplyDeleteDavid,
ReplyDeleteI assume you've seen Case-Shiller? DC for October is down 1.09%. Annualized that's a 13.9% drop.
It will be interesting to see how your prediction holds up. October is the first month in that 6% to 13% price drop window. To think... all indications are that the downslope increased since then.
I hope everyone had a merry Christmas.
Neil
Is that in Manassass? Or Gaithersburg?
ReplyDelete