Take a look at this article - it seems like the metro DC market is one of the few that is not experiencing a double dip! I always hear that our area is usually the first to come out of a recession, and I think I'm seeing it firsthand. The fact that the unemployment rate is lower for us, and salaries higher, is probably helping. Regular sellers are coming on the market and expecting to get more value than in years past. And I have actually seen an influx of investors coming into the market as well. I guess no one wants to buy when they think prices may continue to decline.
Here is the article:
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That was enjoyable to read, thanks for posting it.
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