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Real Estate
Reply to "Why do expert say: Buckle in for a brutal free-fall in home prices - Housing Bubble"
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[quote=Anonymous]I was curious about signs of a decline in home values in my neighborhood, which is Westmoreland Hills in Bethesda. There's currently only one house on the market, at $9M which is very high for this area. Of the 7 other houses to sell since September, it looks like two houses changed hands without being listed at all. Four went at or above list price. One was 2% below list price. All but one of those listed went under contract within 3 days. The other one took 10 days. I guess since nothing is on the market now (other than the big $9M house), I can't really know for sure what the market is like for our neighborhood. But I'm reassured anyway. [/quote]
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