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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Vosilla who wrote (60035)8/16/2006 9:46:50 PM
From: Les HRead Replies (2) of 306849
 
July sales down a whopping 39% versus year ago

fcnp.com

"Virginia is among the five states in the entire U.S. with the biggest drop in home sales over the second quarter of a year ago, and in Northern Virginia, including Falls Church and its immediate neighbors, July sales dropped a whopping 39% over a year ago with the average home sale price dropping almost 4%."

Checking some of the used condo listings in this site reston-condos.com that someone provided long ago, many seem to be listed at exactly 10 percent under the county-appraisal value.
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