I blogged about this the other day. It is now looking like the national trend is starting to come here to DC. Again, it’s about damned time.

Those of us that were transferred here after the boom started are tired as hell of hearing about how good a deal all the old-timers got on their homes ten years ago. And for those of you that bought at the peak, well tough shit. Hope you used a 30 year conventional instead of the interest only products. Otherwise, you may be screwed.

Looks like next summer is going to be a buyer’s market. I can’t wait.