The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (63478)	10/8/2006 2:18:58 PM
From: ChrisJP	Read Replies (1) of 306849

Everyone says that RE prices in DC have never declined, but I'm tellin ya they did somewhere around 1989 - 1992. Maybe over some big geographical area they didn't, but there were definitely pockets. I know cuz my general area was one of those places. There probably wasn't a house that sold for less than it was previously purchased for, but if you did comparables (meaning the 1991 selling price of a house with the same specs as a house sold in 1989). Chris

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