Interesting...Old City seems to be the hot spot!
http://www.dchousingprices.com/2009/05/district-sales-february-2009-by.html

An upshot in Borderstan (14th St. area) armed muggings...
http://14thandyou.blogspot.com/2009/05/r-street-muggings.html
"Courtesy of neighborhood crime-watchers Borderstan, we learn of someRather unsettling news: three muggings during the past week, all along R Street between 13th and New Hampshire..."
Remaining pretty steady...
http://www.washingtoncitypaper.com/blogs/housingcomplex/2009/05/07/district-home-sales-remain-remarkably-similar-from-2008-2009/
"So this is interesting. This MRIS graph compares home sales in the District within the range of $30,000 to $500,000 looking at March 2009 in the left column and March 2008 in the right column. Sure, everything’s down a tiny bit year-over-year. But not by much."
Total Sold Dollar Volume:
$ 202,925,321
$ 210,508,482
- 3.60 %
Average Sold Price:
$ 508,585
$ 535,645
- 5.05 %
Median Sold Price:
$ 375,000
$ 399,500
- 6.13 %
Total Units Sold:
399
393
1.53
http://www.washingtoncitypaper.com/blogs/housingcomplex/2009/05/07/dc-eyeing-stimulus-funds-for-foreclosure-and-abandoned-properties/
"Thus far, D.C. hasn’t been known for its foreclosure crisis. But according to this Washington Business Journal article, the city will be applying for a HUD stimulus grant to rehabilitate foreclosed and abandoned properties here. Money could also be used for the Home Purchase Assistance Program, which had to reduce assistance levels last fall..."
The need to drive...and drive...
http://prospect.org/cs/articles?article=a_tale_of_two_exurbs
"Leesburg, Virginia, is the archetypal American exurb. Named after an ancestor of Robert E. Lee, it is the seat of Loudoun County, 35 miles northwest of Washington, D.C. -- the farthest true suburb west of Washington. To its west are small towns and a few remaining farms; to its east are highways lined with chain hotels, mega-malls, and the office towers of the defense contractors powering the recent growth in Northern Virginia's economy and population. In 2004, Loudoun was the nation's fastest-growing county, and median home prices were rising by about one-fifth every year. In 1990, Leesburg had only 16,000 people. Now it has 38,000."
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