Median price in Fairfax is something like $485K these days; don't remember the exact figure, but I remember it was up 28% from last year. Another reason we aren't looking for a house right now, and are going to wait for prices to drop (eventually). I saw something in the paper on Saturday I think about how the potential new Google millionaires are already affecting the housing market, with lots of people holding out for full asking prices and buyers being in more of a hurry to make offers before the IPO and the additional competition.
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Date: 2004-07-19 10:47 pm (UTC)