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  • May 15, 2008 at 3:06 PM #205115
    DaCounselor
    Participant

    Yeah, 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 4:05 PM #205140
    LAAFTERHOURS
    Participant

    4s Renter

    Ouch – I love Shirlington. The Mikes chain of restaraunt there is great and the DC Brewery has good Happy Hour.

    Yeah Leesburg isnt out there if you dont need to commute. Supposedly anything outside of the beltway is taking a hit thus far, whereas most things inside are surviving.

    I know the Prince William County and Manassas have dumped.

    We sold our house for 400K in 2006 and moved to SD. A house near us is on the market at 150K. We lucked out..

    May 15, 2008 at 4:05 PM #205188
    LAAFTERHOURS
    Participant

    4s Renter

    Ouch – I love Shirlington. The Mikes chain of restaraunt there is great and the DC Brewery has good Happy Hour.

    Yeah Leesburg isnt out there if you dont need to commute. Supposedly anything outside of the beltway is taking a hit thus far, whereas most things inside are surviving.

    I know the Prince William County and Manassas have dumped.

    We sold our house for 400K in 2006 and moved to SD. A house near us is on the market at 150K. We lucked out..

    May 15, 2008 at 4:05 PM #205221
    LAAFTERHOURS
    Participant

    4s Renter

    Ouch – I love Shirlington. The Mikes chain of restaraunt there is great and the DC Brewery has good Happy Hour.

    Yeah Leesburg isnt out there if you dont need to commute. Supposedly anything outside of the beltway is taking a hit thus far, whereas most things inside are surviving.

    I know the Prince William County and Manassas have dumped.

    We sold our house for 400K in 2006 and moved to SD. A house near us is on the market at 150K. We lucked out..

    May 15, 2008 at 4:05 PM #205242
    LAAFTERHOURS
    Participant

    4s Renter

    Ouch – I love Shirlington. The Mikes chain of restaraunt there is great and the DC Brewery has good Happy Hour.

    Yeah Leesburg isnt out there if you dont need to commute. Supposedly anything outside of the beltway is taking a hit thus far, whereas most things inside are surviving.

    I know the Prince William County and Manassas have dumped.

    We sold our house for 400K in 2006 and moved to SD. A house near us is on the market at 150K. We lucked out..

    May 15, 2008 at 4:05 PM #205275
    LAAFTERHOURS
    Participant

    4s Renter

    Ouch – I love Shirlington. The Mikes chain of restaraunt there is great and the DC Brewery has good Happy Hour.

    Yeah Leesburg isnt out there if you dont need to commute. Supposedly anything outside of the beltway is taking a hit thus far, whereas most things inside are surviving.

    I know the Prince William County and Manassas have dumped.

    We sold our house for 400K in 2006 and moved to SD. A house near us is on the market at 150K. We lucked out..

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