Housing optimism

While I am not particularly optimistic about house prices in the U.S. nationally over the medium term, a recent Washington Post article suggests that prices in the Maryland suburbs of DC are not suffering like other jurisdictions around the country.

Bucking the Trend, Md. House Prices Edge Up

“Unlike their neighbors across the Potomac, home sellers in the Maryland suburbs saw the value of their properties rise in 2007, if only by a smidgen.”

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