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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Are you guys in dc?[/quote]

In a DC, generally it's a Dickinsonian market, a tale of two cities. marginal neighborhoods with so-so schools have not recovered while desirable places for wealthy folks have far exceeded previous bubble. Exception to this is gentrifying places, but that's pretty transformative and hard to compare apples to apples. [/quote]

I live in a marginal neighborhood with so-so (actually terrible) schools and prices are up probably 50 percent since 2006.  My own house has increased in value about 300 percent since I bought it in 2003.[/quote]

I'm guessing you are in DC itself? Large swaths are booming there, partly from the illusion that charters and lotteries have the capacity to absorb all the new families moving in to less desirable school districts. I fear there will be a tipping point where too many kids are vying for to few spots.

Also, you bought in 2003. You have some vague intuition of what the home was worth in 2006, but yu really don't know what you would have paid in 2005-2006. It's likely you would have had to pay far more than you think so you may not be as far above 2006 as you think.

Places which are struggling b/c of so-so schools locations: Alexandria FF, south falls church, pg county, prince william, Baltimore. Does that sound about right; they have not rebounded to bubble?  But large the march of gentrification has swept further and further east in DC. [/quote]

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