Thursday, August 23, 2007

Condo Settlements in DC Maintain Stability Despite Mortgage Industry

As EVERYONE has been reading, there has been more than enough reporting on the trouble with the mortgage industry and as of reports released today by CNN, is also affecting the prime mortgage borrowers, not just the sub-prime or Alt-A borrowers. Well we all know that trouble is on the horizon and few can deny that but how has DC been faring through the troubled times, especially in the condo market?

I thought I would run an analysis over the past year and here is what I was able to find out.












It might just be me but that graph looks pretty stable.

BTW, click the picture to enlarge

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