re: Home Prices Show Biggest Rise in 6 Years

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We're about as recession proof as an area can be with our mix of federal government, military and private sector jobs.

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What happens when sequestrian(sp) cuts abunch of those jobs though?

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I'd be shocked if the Washington, DC area wasn't near the top in holding value.

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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.