- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Home Prices Show Biggest Rise in 6 Years
Posted on 2/11/13 at 7:58 am to VABuckeye
Posted on 2/11/13 at 7:58 am to VABuckeye
quote:
I'd be shocked if the Washington, DC area wasn't near the top in holding value.
It's certainly above average, but remember that the northern Va. area has tons of McMansion towns that are heavily affected by drops in jumbo loans. Remember also that the higher end housing market ($500k and above) was much more heavily affected by the crisis than the normal housing market, and that people around DC are just the type of people who would be most likely to try to flip 2nd and 3rd homes as well.
So all things considered, yes the DC area has held value better than those in the "sand states" or rust belt regions, but not quite as well as the more ordinary heartland markets like Charlotte or Dallas or Denver.
Popular
Back to top
![logo](https://images.tigerdroppings.com/images/layout/TDIcon.jpg)