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Reply to "There is no housing bubble in the DC area so get over it"
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[quote=Anonymous][quote]Actually it has. If you don't think there was a housing boom in 2003--you maybe weren't paying attention to the market. Our house DOUBLED in value from 2001 (320K) to 2002 (645k). We paid waaaay to much for our house and are really only now recovering a leetle bit from body blows of the last 11 years.[/quote] Are you really going to take the stand that the housing bubble reached its peak in 2003? Do you want to revisit that statement? Remember, cycles in markets occur from peaks to valleys, not from one random point in time in the upswing to another.[/quote]
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