bump for later read . . . bought my house to live in and not for profit. Hopefully, if prices fall (as they should), my son can do the same -- until then, he'll be fine renting. Houses in my neighborhood are NOT selling like they did 6 months ago. The housing fever in Northern Virginia was fueled by speculators (1/4 of the housing sales were to speculators).
For those of us who are not speculating - a drop in housing prices would help with property taxes. That would be a relief.