Continuing to examine and hold a lively discussion of the Northern Virginia Real Estate market.
Harriet,Is there data sufficient to go back longer than 10 years? It would be an interesting exercise, I would think, to compare this latest slump to the one which occurred around 1990-91 and see if there are any similarities in the way the markets are behaving.Regards,Brian
Harriet, Where does this info come from? Does it include FSBO info? Thanks.-Mark
@Brian,I've tried to find older data, but so far haven't been able to. Case-Shiller only shows back to 1997 for the Washington MSA as well.@stealth4,The numbers come fromhttp://www.mris.com/reports/stats(I added the source at the posts, which I meant to do earlier but was in a rush to get the report out).I don't think they include FSBO's, unless they were sold by someone who paid a realtor to simply have it listed in the MLS. I also am not sure if they include foreclosures, even if they were sold through the MLS. Perhaps a real estate agent could enlighten us on that one.
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