<p>Owlice, I am fully aware of housing declines in this country and in the DC area. I am NOT arguing with you about it because what you say is generally true. All I am pointing out is that it isn’t true everywhere for every neighborhood. </p>
<p>The DC area seems to be VERY education conscious. If the schools are considered great, people will pay to live in that area. We are in the Wootton School district ,which is the only district in Maryland that has recently won national blue ribbons for both elementary, middle school and high school,which is one reason why our pricing decline hasn’t been as bas as other neighborhoods.</p>
<p>However, I really do believe that within a year or so, real estate will come back and start appreciating like it did. The federal governement will be both hiring and expanding as will lobby firms and consultants.</p>