Yesterday, I almost choked on a grande latte with skim milk while I read through the Washington Post real estate ads. Talk about DE-PRESSSS-ING.
The market was reasonable a few years ago, when I was offered a 2-bedroom apt. in Dupont Circle for $146,000. But I didn't know if I was coming or going. I couldn't decide whether or not I wanted to commit to the city, much less drop a chunk of change on property!
If I could only travel back to that afternoon in 1999......
It looks like I'll be renting for a really long time.
Who thinks housing prices will 'deflate'?