tag:blogger.com,1999:blog-13164186.post113672999922363085..comments2024-01-27T19:26:32.604-05:00Comments on Bubble Meter: Townhouse in Leesburg, VADavidhttp://www.blogger.com/profile/11169148764438565562noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-13164186.post-1136777558582623052006-01-08T22:32:00.000-05:002006-01-08T22:32:00.000-05:00I had made it all the way out there when looking f...I had made it all the way out there when looking for a new place to live. We passed a development on the way and took a drive around. We stopped at the model home that was then up for sale. It was $1.4 mil. I was in shock thinking that the whole development was bought out at such absurd prices, and in the middle of nowhere.<BR/><BR/>Then I noticed the writing across the top of the agent's summary page: "Bring all offers!!!"<BR/><BR/>That was in Nov. We are now renting in Mclean. Right up the road they are building "Morgan at Mclean." From the web it seems that they want $800,000+ for 2 bedroom condos. They are crazy.Fred Fryhttps://www.blogger.com/profile/13532681496977057474noreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1136738257397367162006-01-08T11:37:00.000-05:002006-01-08T11:37:00.000-05:00That inventory growth chart is amazing.Anyone who ...That inventory growth chart is amazing.<BR/><BR/>Anyone who thinks prices are going to remain high needs to explain that.<BR/><BR/>Also, Leesburg is barely a DC suburb. While it's very nice, it would be a long and brutal war to get to DC every day. <BR/><BR/>I'd pay $180K tops for that townhouse, if it is really in as good condition as it looks.<BR/><BR/>Also, what is the community fee, or HOA, or whatever they call it? That is also important.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1136730482090060482006-01-08T09:28:00.000-05:002006-01-08T09:28:00.000-05:00Asking prices have dropped about $10,000 a month i...Asking prices have dropped about $10,000 a month in the D.C. area for the past 4 months according to the HousingTracker.<BR/><BR/>http://www.benengebreth.org/housingtracker/location/DC/Washington/<BR/><BR/>I find it amazing that the main media outlets allow folks talk about a 'soft landing'.Anonymousnoreply@blogger.com