Sold house 31 Mar...now renting...taking a wait and see attitude...but DC doesn't follow the norms...
Smart move! Wait until the end of 2007. There will be bargains galore out there.
DC/VA had a wonderful down cycle after the '88 peak. Lots of foreclosures for the choosing.
I say, new homes for everyone!
US New Home Inventory.
4/2004..383,000
4/2005..445,000
4/2006..565,000