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Reply to "How much higher do you think DC area prices can go long-term?"
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[quote=Anonymous]The last two posts are spot on. It is refreshing to see some rationality on this board once in a while. The DC cheerleading gets really old. Job growth here has slowed considerably as of late, and there is no reason to expect that trend to reverse itself in the near term. We just bought in North Arlington, and we expect to be here another 10 years or so. I fully anticipate that the home's value will change very little between now and then, with a potential for some substantial volatility over the next few years. There is no way in hell I would buy in this market if I expected to have to resell in less than a decade.[/quote]
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