How did Virginia fare in the housing bubble?
Scott P. Rogers
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Virginia fared better than most states pre-bubble with a 80% to 120% increase in housing prices between 2000 and 2006.
Virginia homes lost value between 2006 and 2010 (0% - 20%) but not as much value as some states such as California, Florida, Nevada and Arizona.
Virginia is one among a handful of states that experienced a net gain in housing prices between 2000 and 2010.
Virginia's housing market continues to fare well, and hopefully we will see a further increase in the market both in Virginia as well as Harrisonburg and Rockingham County.
Virginia fared better than most states pre-bubble with a 80% to 120% increase in housing prices between 2000 and 2006.
Virginia homes lost value between 2006 and 2010 (0% - 20%) but not as much value as some states such as California, Florida, Nevada and Arizona.
Virginia is one among a handful of states that experienced a net gain in housing prices between 2000 and 2010.
Virginia's housing market continues to fare well, and hopefully we will see a further increase in the market both in Virginia as well as Harrisonburg and Rockingham County.
