Tuesday, July 29, 2008

Prince William County Virginia - Home Prices in Free Fall!

I found this dialogue amusing and as useful as any analysis of Case-Shiller home price data. The idle chat provides a description of home price declines in one market in Virginia. Some posters contend that the crack down on illegal immigrants exacerbate foreclosures and housing prices. If that is the case then perhaps we might all benefit by being a little nicer to our immigrant neighbors!

Just for fun!! These quotes were copied from the link.

  • .....Seems like there was some really irresponsible lending going on
  • Let's just say if the price charts were a ski slope--it would truly be "experts only."
  • Let's say if Dumfries and Manassas combined, and they changed to Dumassas

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