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LAAFTERHOURS.
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May 15, 2008 at 10:57 AM #204697May 15, 2008 at 11:05 AM #204759
Ex-SD
Participantcv2: That’s very enlightening. The Hamptons is one of the last places in the USA that I would expect to see this happening.
May 15, 2008 at 11:05 AM #204788Participantcv2: That’s very enlightening. The Hamptons is one of the last places in the USA that I would expect to see this happening.
May 15, 2008 at 11:05 AM #204811Participantcv2: That’s very enlightening. The Hamptons is one of the last places in the USA that I would expect to see this happening.
May 15, 2008 at 11:05 AM #204844Participantcv2: That’s very enlightening. The Hamptons is one of the last places in the USA that I would expect to see this happening.
May 15, 2008 at 11:05 AM #204712Participantcv2: That’s very enlightening. The Hamptons is one of the last places in the USA that I would expect to see this happening.
May 15, 2008 at 11:17 AM #204765LAAFTERHOURS
Participant4s Renter
Leesburg is out in the middle of nowhere. Luxury is Mclean, not leesburg. Its like saying Temecula homes of that size are worth 1 mill.
My wife and I lived in NoVA from 04-06, bought and sold our house. Commuting from Leesburg is like commuting from SD Fountain Valley to downtown LA.
My point is anything overvalued two years ago out in the boonies or far reaches of the county is more likely to dump.
May 15, 2008 at 11:17 AM #204851Participant4s Renter
Leesburg is out in the middle of nowhere. Luxury is Mclean, not leesburg. Its like saying Temecula homes of that size are worth 1 mill.
My wife and I lived in NoVA from 04-06, bought and sold our house. Commuting from Leesburg is like commuting from SD Fountain Valley to downtown LA.
My point is anything overvalued two years ago out in the boonies or far reaches of the county is more likely to dump.
May 15, 2008 at 11:17 AM #204816Participant4s Renter
Leesburg is out in the middle of nowhere. Luxury is Mclean, not leesburg. Its like saying Temecula homes of that size are worth 1 mill.
My wife and I lived in NoVA from 04-06, bought and sold our house. Commuting from Leesburg is like commuting from SD Fountain Valley to downtown LA.
My point is anything overvalued two years ago out in the boonies or far reaches of the county is more likely to dump.
May 15, 2008 at 11:17 AM #204717Participant4s Renter
Leesburg is out in the middle of nowhere. Luxury is Mclean, not leesburg. Its like saying Temecula homes of that size are worth 1 mill.
My wife and I lived in NoVA from 04-06, bought and sold our house. Commuting from Leesburg is like commuting from SD Fountain Valley to downtown LA.
My point is anything overvalued two years ago out in the boonies or far reaches of the county is more likely to dump.
May 15, 2008 at 11:17 AM #204793Participant4s Renter
Leesburg is out in the middle of nowhere. Luxury is Mclean, not leesburg. Its like saying Temecula homes of that size are worth 1 mill.
My wife and I lived in NoVA from 04-06, bought and sold our house. Commuting from Leesburg is like commuting from SD Fountain Valley to downtown LA.
My point is anything overvalued two years ago out in the boonies or far reaches of the county is more likely to dump.
May 15, 2008 at 3:06 PM #204982DaCounselor
ParticipantYeah, Leesburg is pretty far out there. It’s not exactly in the middle of nowhere anymore due to all the development out in the far western ‘burbs, but it’s still a haul and a half to get into DC. I have a number of good friends who live in the general vicinity (Ashburn area). Huge swaths of track housing out there – from condos to Mcmansions. I think they are going to get hit pretty hard out there with devaluation when all is said and done, but probably not as bad as out here in SD. The DC/NoVa economy always seem to weather the storms better than most places which will help prop up the market.
If you want to track true luxury valuation in the DC area you do need to be looking at places like McLean, Great Falls, BCC, etc. Not sure what is happening there, but I do know a fella who bought a 1 bed condo in Shirlington in ’05 for $320K and they are selling now for around $280K.
May 15, 2008 at 3:06 PM #205029ParticipantYeah, Leesburg is pretty far out there. It’s not exactly in the middle of nowhere anymore due to all the development out in the far western ‘burbs, but it’s still a haul and a half to get into DC. I have a number of good friends who live in the general vicinity (Ashburn area). Huge swaths of track housing out there – from condos to Mcmansions. I think they are going to get hit pretty hard out there with devaluation when all is said and done, but probably not as bad as out here in SD. The DC/NoVa economy always seem to weather the storms better than most places which will help prop up the market.
If you want to track true luxury valuation in the DC area you do need to be looking at places like McLean, Great Falls, BCC, etc. Not sure what is happening there, but I do know a fella who bought a 1 bed condo in Shirlington in ’05 for $320K and they are selling now for around $280K.
May 15, 2008 at 3:06 PM #205061ParticipantYeah, Leesburg is pretty far out there. It’s not exactly in the middle of nowhere anymore due to all the development out in the far western ‘burbs, but it’s still a haul and a half to get into DC. I have a number of good friends who live in the general vicinity (Ashburn area). Huge swaths of track housing out there – from condos to Mcmansions. I think they are going to get hit pretty hard out there with devaluation when all is said and done, but probably not as bad as out here in SD. The DC/NoVa economy always seem to weather the storms better than most places which will help prop up the market.
If you want to track true luxury valuation in the DC area you do need to be looking at places like McLean, Great Falls, BCC, etc. Not sure what is happening there, but I do know a fella who bought a 1 bed condo in Shirlington in ’05 for $320K and they are selling now for around $280K.
May 15, 2008 at 3:06 PM #205082ParticipantYeah, Leesburg is pretty far out there. It’s not exactly in the middle of nowhere anymore due to all the development out in the far western ‘burbs, but it’s still a haul and a half to get into DC. I have a number of good friends who live in the general vicinity (Ashburn area). Huge swaths of track housing out there – from condos to Mcmansions. I think they are going to get hit pretty hard out there with devaluation when all is said and done, but probably not as bad as out here in SD. The DC/NoVa economy always seem to weather the storms better than most places which will help prop up the market.
If you want to track true luxury valuation in the DC area you do need to be looking at places like McLean, Great Falls, BCC, etc. Not sure what is happening there, but I do know a fella who bought a 1 bed condo in Shirlington in ’05 for $320K and they are selling now for around $280K.
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