CNN’s forecast for homes in 2009 (sorry)
CNNMoney is predicting real estate prices in the Washington, DC, area will fall by 17.1 percent next year:
As we’ve stressed numerous times on this site though:
- your housing needs, rather than the value of your house, are what’s most important
- many neighborhoods buck the trend of the overall area
- declining prices can lead to some great investment opportunities
And, of course, not all predictions become fact!
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