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	<title>Comments on: Residential Real Estate Sales Jump 130% in April</title>
	<link>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/</link>
	<description>Blog-Fu for Prince William, Manassas and Manassas Park politics.</description>
	<pubDate>Tue, 14 Feb 2012 00:12:48 +0000</pubDate>
	<generator>http://wordpress.org/?v=2.2.3</generator>

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		<title>By: Downward Spiral</title>
		<link>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65798</link>
		<dc:creator>Downward Spiral</dc:creator>
		<pubDate>Fri, 23 May 2008 15:26:34 +0000</pubDate>
		<guid>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65798</guid>
		<description>PWC sales are outpacing the region because the initial decline in home prices outpaced the region. Property values did not fall in Fairfax or Loudoun nearly has much as they did in PWC. It is a matter of basic economics.

I am glad to see sales are up, though, considering my house is now worth nearly half of what it was three years ago.</description>
		<content:encoded><![CDATA[<p>PWC sales are outpacing the region because the initial decline in home prices outpaced the region. Property values did not fall in Fairfax or Loudoun nearly has much as they did in PWC. It is a matter of basic economics.</p>
<p>I am glad to see sales are up, though, considering my house is now worth nearly half of what it was three years ago.</p>
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		<title>By: F15mech</title>
		<link>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65684</link>
		<dc:creator>F15mech</dc:creator>
		<pubDate>Thu, 22 May 2008 05:57:05 +0000</pubDate>
		<guid>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65684</guid>
		<description>I am late to this thread but I hope I can address a couple of things.

I started looking to buy; a couple of months ago , my realistic price range (at a couple of years ago prices)  was for a town home.

At the time I thought the market was over inflated so I did not buy.
 
Once I started looking it did not take me long to realize, that I can buy a short sale/foreclosure SFH for roughly the same price my friends paid for their townhouse (approx 100k more then what my brother paid in 1998 for his SFH in Fairfax).

I also focused my search on PWC because of the press they have been given.


"anon said on 19 May 2008 at 9:40 am:"

I would be worried as well. The foreclosures are causing me to look at Single Family homes rather then town homes. I hope to close on a 4 bedroom single family home in roughly 3 weeks, rather then a 3 bedroom townhome.

Plain and simple there was a nice 10 year ride with DC real estate, I only expected it to last 5 years.</description>
		<content:encoded><![CDATA[<p>I am late to this thread but I hope I can address a couple of things.</p>
<p>I started looking to buy; a couple of months ago , my realistic price range (at a couple of years ago prices)  was for a town home.</p>
<p>At the time I thought the market was over inflated so I did not buy.</p>
<p>Once I started looking it did not take me long to realize, that I can buy a short sale/foreclosure SFH for roughly the same price my friends paid for their townhouse (approx 100k more then what my brother paid in 1998 for his SFH in Fairfax).</p>
<p>I also focused my search on PWC because of the press they have been given.</p>
<p>&#8220;anon said on 19 May 2008 at 9:40 am:&#8221;</p>
<p>I would be worried as well. The foreclosures are causing me to look at Single Family homes rather then town homes. I hope to close on a 4 bedroom single family home in roughly 3 weeks, rather then a 3 bedroom townhome.</p>
<p>Plain and simple there was a nice 10 year ride with DC real estate, I only expected it to last 5 years.</p>
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		<title>By: anon</title>
		<link>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65274</link>
		<dc:creator>anon</dc:creator>
		<pubDate>Mon, 19 May 2008 13:40:32 +0000</pubDate>
		<guid>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65274</guid>
		<description>Hate to say it, but the foreclosures are indeed what is spurring the sales. When they get to be dirt cheap like they are, investors are going to snap them up. This is not exactly a good thing, they will become rentals and possibly get back to being overcrowded. Personally, I'm not optimistic about this - in fact in my townhouse neighborhood in the City of Manassas there are a number of foreclosures in the $170K range - a year ago townhouses were being sold in the $340K range there. More sales at foreclosure prices is not exactly a sign of recovery. I'm looking at moving out, and probably will have to rent my townhouse out as it will be impossible to sell it at a good price when it has to compete with foreclosures right nearby.</description>
		<content:encoded><![CDATA[<p>Hate to say it, but the foreclosures are indeed what is spurring the sales. When they get to be dirt cheap like they are, investors are going to snap them up. This is not exactly a good thing, they will become rentals and possibly get back to being overcrowded. Personally, I&#8217;m not optimistic about this - in fact in my townhouse neighborhood in the City of Manassas there are a number of foreclosures in the $170K range - a year ago townhouses were being sold in the $340K range there. More sales at foreclosure prices is not exactly a sign of recovery. I&#8217;m looking at moving out, and probably will have to rent my townhouse out as it will be impossible to sell it at a good price when it has to compete with foreclosures right nearby.</p>
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		<title>By: Anonymous</title>
		<link>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65254</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Mon, 19 May 2008 04:15:54 +0000</pubDate>
		<guid>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65254</guid>
		<description>MANASSAS, Va. -- Officials said Prince William County has the highest foreclosure rate in Virginia, with at least 7,000 vacant and foreclosed homes in the county.

According to the D.C. Examiner, the county is considering a plan that would put county police officers, teachers and firefighters into those homes.

Officials said they would use $20 million from the county's investment pool as leverage to get low interest home loans for county employees.

The Board of Supervisors will take up the proposal on Tuesday.</description>
		<content:encoded><![CDATA[<p>MANASSAS, Va. &#8212; Officials said Prince William County has the highest foreclosure rate in Virginia, with at least 7,000 vacant and foreclosed homes in the county.</p>
<p>According to the D.C. Examiner, the county is considering a plan that would put county police officers, teachers and firefighters into those homes.</p>
<p>Officials said they would use $20 million from the county&#8217;s investment pool as leverage to get low interest home loans for county employees.</p>
<p>The Board of Supervisors will take up the proposal on Tuesday.</p>
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		<title>By: Bob Wills</title>
		<link>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65197</link>
		<dc:creator>Bob Wills</dc:creator>
		<pubDate>Sun, 18 May 2008 16:16:21 +0000</pubDate>
		<guid>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65197</guid>
		<description>no_to_daylabor said on 17 May 2008 at 6:25 pm: 
Bob Wills said on 17 May 2008 at 4:47 pm:

“NO one under the age of 18 is allowed by OSHA to operate a power mower of any size for hire per the laws. If you want to take that chance that nothing happens to them go ahead but if they get hurt get ready to turn over everything you own except first born. NO one will take them in payment for fines and damages.”

===============

No offense Bob, but that seems like a wimpish stand to take. I’ve mowed lawns since I was 11 and I have yet to loose a finger, leg or foot. It’s all this OSHA and Insurance BS that got us into this mess in the first place. People would let these Illegals mow these lawns with no safety equipment or training, but they won’t even let a natural born American kid touch a push mower because they might bleed a little? America was built on hard knocks and our kids are going to have to learn to take um unless we get utterly invaded by the illegals who could care less about OSHA, but get our money anyway.

No to day labor

you have every right to do what you personaly want in business but facts are facts and there is nothing wimpisg about  OSHA and what they do.  As a Rule of Law proponent that you are I guess some laws are to be obeyed and some not ??

I very aware of what America was built on and worked for a pay check back when there were no child labor laws to prohibt hiring some one who was 11 or so.</description>
		<content:encoded><![CDATA[<p>no_to_daylabor said on 17 May 2008 at 6:25 pm:<br />
Bob Wills said on 17 May 2008 at 4:47 pm:</p>
<p>“NO one under the age of 18 is allowed by OSHA to operate a power mower of any size for hire per the laws. If you want to take that chance that nothing happens to them go ahead but if they get hurt get ready to turn over everything you own except first born. NO one will take them in payment for fines and damages.”</p>
<p>===============</p>
<p>No offense Bob, but that seems like a wimpish stand to take. I’ve mowed lawns since I was 11 and I have yet to loose a finger, leg or foot. It’s all this OSHA and Insurance BS that got us into this mess in the first place. People would let these Illegals mow these lawns with no safety equipment or training, but they won’t even let a natural born American kid touch a push mower because they might bleed a little? America was built on hard knocks and our kids are going to have to learn to take um unless we get utterly invaded by the illegals who could care less about OSHA, but get our money anyway.</p>
<p>No to day labor</p>
<p>you have every right to do what you personaly want in business but facts are facts and there is nothing wimpisg about  OSHA and what they do.  As a Rule of Law proponent that you are I guess some laws are to be obeyed and some not ??</p>
<p>I very aware of what America was built on and worked for a pay check back when there were no child labor laws to prohibt hiring some one who was 11 or so.</p>
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		<title>By: Dolph</title>
		<link>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65193</link>
		<dc:creator>Dolph</dc:creator>
		<pubDate>Sun, 18 May 2008 15:41:37 +0000</pubDate>
		<guid>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65193</guid>
		<description>jfk,

I agree about bad access.  It is a real pain getting in and out of that restaurant.  I did like the ribs though;)  For that reason alone, I was sorry to see it go.

This new place looks like it will be owned by the fellow who owned the Black Orchid in Annandale.  That used to be a wonderful place to eat many years ago.  I hadn't thought about it for years.</description>
		<content:encoded><![CDATA[<p>jfk,</p>
<p>I agree about bad access.  It is a real pain getting in and out of that restaurant.  I did like the ribs though;)  For that reason alone, I was sorry to see it go.</p>
<p>This new place looks like it will be owned by the fellow who owned the Black Orchid in Annandale.  That used to be a wonderful place to eat many years ago.  I hadn&#8217;t thought about it for years.</p>
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		<title>By: anon</title>
		<link>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65180</link>
		<dc:creator>anon</dc:creator>
		<pubDate>Sun, 18 May 2008 13:25:35 +0000</pubDate>
		<guid>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65180</guid>
		<description>"THAT COULD NEVER HAPPEN IN TODAY’S MARKET."

That's what I thought as well, until I met our new neighbors. They said they owned a home further out about the same size, but with pool and more land/horses that they bought in 2006 for over $1 mill.  They went into foreclosure earlier this spring and were still able to buy a $600K home that was a short sale just 3 months later.   They said what they did only made sense since they'd obviously paid too much for their first home.  Shocking that they were so honest, but even more shocking, how the heck did they qualify for the purchase of this one with that on their record?

When we bought our house a few years ago, they were demanding every little last pay stub, bank statement, tax return, etc. AND we were putting more than 20% down.</description>
		<content:encoded><![CDATA[<p>&#8220;THAT COULD NEVER HAPPEN IN TODAY’S MARKET.&#8221;</p>
<p>That&#8217;s what I thought as well, until I met our new neighbors. They said they owned a home further out about the same size, but with pool and more land/horses that they bought in 2006 for over $1 mill.  They went into foreclosure earlier this spring and were still able to buy a $600K home that was a short sale just 3 months later.   They said what they did only made sense since they&#8217;d obviously paid too much for their first home.  Shocking that they were so honest, but even more shocking, how the heck did they qualify for the purchase of this one with that on their record?</p>
<p>When we bought our house a few years ago, they were demanding every little last pay stub, bank statement, tax return, etc. AND we were putting more than 20% down.</p>
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		<title>By: Lafayette</title>
		<link>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65179</link>
		<dc:creator>Lafayette</dc:creator>
		<pubDate>Sun, 18 May 2008 13:23:01 +0000</pubDate>
		<guid>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65179</guid>
		<description>I have some very good friends that have owned restaurant for thirty years and they don't have the business they once had. They are paying almost three times what they were flour. Everyone is effected by these hard economic times. We ALL eat and use gasoline. I don't think the average person has the money for eating out, and such things these days. 
***
jfk, 
You are sooo right about Bertucci's/Damon's!! Hell, it's been about 8/9 years that place has been sitting empty. Oh, let's not forget Pargo's now City Grille sat empty for years as well. That location is like it's been cursed. I seriously doubt this new restaurant will thrive and last more than a year or two. We'll have to wait and see. 
***
ddpdrinker,
OC!! Wooo Hooo. I am like Dolph, I've not been there in years myself. Of course the "creative financing" is still happening. Have a safe trip home and I hope to see you sometime soon.</description>
		<content:encoded><![CDATA[<p>I have some very good friends that have owned restaurant for thirty years and they don&#8217;t have the business they once had. They are paying almost three times what they were flour. Everyone is effected by these hard economic times. We ALL eat and use gasoline. I don&#8217;t think the average person has the money for eating out, and such things these days.<br />
***<br />
jfk,<br />
You are sooo right about Bertucci&#8217;s/Damon&#8217;s!! Hell, it&#8217;s been about 8/9 years that place has been sitting empty. Oh, let&#8217;s not forget Pargo&#8217;s now City Grille sat empty for years as well. That location is like it&#8217;s been cursed. I seriously doubt this new restaurant will thrive and last more than a year or two. We&#8217;ll have to wait and see.<br />
***<br />
ddpdrinker,<br />
OC!! Wooo Hooo. I am like Dolph, I&#8217;ve not been there in years myself. Of course the &#8220;creative financing&#8221; is still happening. Have a safe trip home and I hope to see you sometime soon.</p>
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		<title>By: jfk</title>
		<link>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65174</link>
		<dc:creator>jfk</dc:creator>
		<pubDate>Sun, 18 May 2008 12:24:30 +0000</pubDate>
		<guid>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65174</guid>
		<description>The old Bertucci's/Damons restaurant that is being referred to is simply in a bad location for access.  To get to the parking lot, one has to wait at a long light, and to get back onto 234 requires a U turn and another long traffic wait.  Too much hassle for some folks to get mediocre pizza or greasy barbecue.  Only a really popular restaurant could overcome the poor location.</description>
		<content:encoded><![CDATA[<p>The old Bertucci&#8217;s/Damons restaurant that is being referred to is simply in a bad location for access.  To get to the parking lot, one has to wait at a long light, and to get back onto 234 requires a U turn and another long traffic wait.  Too much hassle for some folks to get mediocre pizza or greasy barbecue.  Only a really popular restaurant could overcome the poor location.</p>
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		<title>By: jfk</title>
		<link>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65173</link>
		<dc:creator>jfk</dc:creator>
		<pubDate>Sun, 18 May 2008 12:22:35 +0000</pubDate>
		<guid>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65173</guid>
		<description>I guess O'Meara was too busy hosting his trashy, crude radio show to pay attention to his business.</description>
		<content:encoded><![CDATA[<p>I guess O&#8217;Meara was too busy hosting his trashy, crude radio show to pay attention to his business.</p>
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		<title>By: cdubbs</title>
		<link>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65170</link>
		<dc:creator>cdubbs</dc:creator>
		<pubDate>Sun, 18 May 2008 09:01:39 +0000</pubDate>
		<guid>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65170</guid>
		<description>There are always plenty of kool-aid drinkers around when there are challenges knocking at our door. Life is bad, gas is high, restaurants are closing, housing prices are down, the school budget is short, the rule of law program has put us on a fast track to hell, etc. etc. 

The world will not come to an end anytime in the next 10 millenium because of global warming, and the polar bears will be around for thousands of years. And PWC will thrive with the influx of new people fleeing counties which do not have the rule of law , they are buying houses here right now. Gas prices will be whatever they will be, anyone notice there have been no shortages? No lines like the 70s when even if you COULD pay there was NO GAS to be had. And somehow the people of Virginia and PWC will figure things out like they always do.  So I for one have no intention of drinking any kool-aid yet, you are welcome to my share if you want it. Cheers</description>
		<content:encoded><![CDATA[<p>There are always plenty of kool-aid drinkers around when there are challenges knocking at our door. Life is bad, gas is high, restaurants are closing, housing prices are down, the school budget is short, the rule of law program has put us on a fast track to hell, etc. etc. </p>
<p>The world will not come to an end anytime in the next 10 millenium because of global warming, and the polar bears will be around for thousands of years. And PWC will thrive with the influx of new people fleeing counties which do not have the rule of law , they are buying houses here right now. Gas prices will be whatever they will be, anyone notice there have been no shortages? No lines like the 70s when even if you COULD pay there was NO GAS to be had. And somehow the people of Virginia and PWC will figure things out like they always do.  So I for one have no intention of drinking any kool-aid yet, you are welcome to my share if you want it. Cheers</p>
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		<title>By: Dolph</title>
		<link>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65168</link>
		<dc:creator>Dolph</dc:creator>
		<pubDate>Sun, 18 May 2008 05:58:13 +0000</pubDate>
		<guid>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65168</guid>
		<description>Very true, re O'Meara's.  However, a restaurant on a good business track would be able to absorb these fines.   (and perhaps also would not have incurred the fines)

The restaurant closed for several reasons.  One of these reasons is over the past year, their business had declined.  Perhaps its time had come.</description>
		<content:encoded><![CDATA[<p>Very true, re O&#8217;Meara&#8217;s.  However, a restaurant on a good business track would be able to absorb these fines.   (and perhaps also would not have incurred the fines)</p>
<p>The restaurant closed for several reasons.  One of these reasons is over the past year, their business had declined.  Perhaps its time had come.</p>
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		<title>By: starryflights</title>
		<link>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65167</link>
		<dc:creator>starryflights</dc:creator>
		<pubDate>Sun, 18 May 2008 05:02:23 +0000</pubDate>
		<guid>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65167</guid>
		<description>Then  wouldn't it be cheaper for the county to have the grass mowed on all empty houses, once a week?</description>
		<content:encoded><![CDATA[<p>Then  wouldn&#8217;t it be cheaper for the county to have the grass mowed on all empty houses, once a week?</p>
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		<title>By: MP Resident</title>
		<link>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65166</link>
		<dc:creator>MP Resident</dc:creator>
		<pubDate>Sun, 18 May 2008 04:47:19 +0000</pubDate>
		<guid>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65166</guid>
		<description>"First, knee-high grass can not be cut with a residential push or power mower."

I've cut knee-high bushes down with a residential push mower. (Actually it was more like a small tree..)</description>
		<content:encoded><![CDATA[<p>&#8220;First, knee-high grass can not be cut with a residential push or power mower.&#8221;</p>
<p>I&#8217;ve cut knee-high bushes down with a residential push mower. (Actually it was more like a small tree..)</p>
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		<title>By: Greg L</title>
		<link>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65162</link>
		<dc:creator>Greg L</dc:creator>
		<pubDate>Sun, 18 May 2008 03:07:04 +0000</pubDate>
		<guid>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65162</guid>
		<description>O'Meara's also had about $30,000 in fines from ABC violations that they were able to evade by surrendering their liquor license.  Without it, there's no reason for them to stay in business.</description>
		<content:encoded><![CDATA[<p>O&#8217;Meara&#8217;s also had about $30,000 in fines from ABC violations that they were able to evade by surrendering their liquor license.  Without it, there&#8217;s no reason for them to stay in business.</p>
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		<title>By: Dolph</title>
		<link>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65161</link>
		<dc:creator>Dolph</dc:creator>
		<pubDate>Sun, 18 May 2008 03:03:20 +0000</pubDate>
		<guid>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65161</guid>
		<description>ddpdrinker,

Enjoy OC.  It has been a long time since I have been to the beaches up there.</description>
		<content:encoded><![CDATA[<p>ddpdrinker,</p>
<p>Enjoy OC.  It has been a long time since I have been to the beaches up there.</p>
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		<title>By: Dolph</title>
		<link>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65159</link>
		<dc:creator>Dolph</dc:creator>
		<pubDate>Sun, 18 May 2008 02:43:41 +0000</pubDate>
		<guid>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65159</guid>
		<description>It closed for several reasons.  Business has been slow for almost a year.  Now why it has been slow is another story.</description>
		<content:encoded><![CDATA[<p>It closed for several reasons.  Business has been slow for almost a year.  Now why it has been slow is another story.</p>
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		<title>By: ddpdrinker</title>
		<link>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65155</link>
		<dc:creator>ddpdrinker</dc:creator>
		<pubDate>Sun, 18 May 2008 02:05:16 +0000</pubDate>
		<guid>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65155</guid>
		<description>The Restaurant in Old Town  ---  O'Meara's?    Did not close for lack of business.</description>
		<content:encoded><![CDATA[<p>The Restaurant in Old Town  &#8212;  O&#8217;Meara&#8217;s?    Did not close for lack of business.</p>
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	</item>
	<item>
		<title>By: ddpdrinker</title>
		<link>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65152</link>
		<dc:creator>ddpdrinker</dc:creator>
		<pubDate>Sun, 18 May 2008 01:28:24 +0000</pubDate>
		<guid>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65152</guid>
		<description>Dolph , Lafayette:  I've not been on computer today - I am in Ocean City cruising the hot-rod.  Beautiful weather here.

The purchaser bought a similar home to the one they walked away from at almost half the price.  

Anonymous:  It IS happening in today's market ... still.  Prices are lower and more people can qualify, even with a lower score.   Believe me, it IS happening.</description>
		<content:encoded><![CDATA[<p>Dolph , Lafayette:  I&#8217;ve not been on computer today - I am in Ocean City cruising the hot-rod.  Beautiful weather here.</p>
<p>The purchaser bought a similar home to the one they walked away from at almost half the price.  </p>
<p>Anonymous:  It IS happening in today&#8217;s market &#8230; still.  Prices are lower and more people can qualify, even with a lower score.   Believe me, it IS happening.</p>
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	</item>
	<item>
		<title>By: Dolph</title>
		<link>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65150</link>
		<dc:creator>Dolph</dc:creator>
		<pubDate>Sun, 18 May 2008 01:06:24 +0000</pubDate>
		<guid>http://www.bvbl.net/index.php/2008/05/16/residential-real-estate-sales-jump-130-in-april/#comment-65150</guid>
		<description>Vigilant1,

No restaurant has made it in that spot on Williamson and Sudley Rd.  It sort of has the bad restaurant curse like the old Presbyterian Church restaurant. 

The old town restaurant has many issues, some reported and some unreported.  Their business had also really slowed down.  Probably the other issues could have been resolved if the customer base were where it was 2 years ago.

Other restaurants in the area are hurting.   However, you are right that the problem is national in scope.  However, I do believe our area has been hit particularly hard.</description>
		<content:encoded><![CDATA[<p>Vigilant1,</p>
<p>No restaurant has made it in that spot on Williamson and Sudley Rd.  It sort of has the bad restaurant curse like the old Presbyterian Church restaurant. </p>
<p>The old town restaurant has many issues, some reported and some unreported.  Their business had also really slowed down.  Probably the other issues could have been resolved if the customer base were where it was 2 years ago.</p>
<p>Other restaurants in the area are hurting.   However, you are right that the problem is national in scope.  However, I do believe our area has been hit particularly hard.</p>
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