Party On..

The housing market in the United States is composed of thousands of individual markets, each having its own characteristics and each (usually) marching to a different drummer. So, as the snow melts and housing activity slows, we can see these differences and there will be different paths for different markets
There will be a few selected metropolitan areas where the economy is so good and housing so under-built that the boom will continue, albeit at a slower pace. The Washington-Baltimore metropolitan area is such a market. Already a full beneficiary of the boom, Washington will continue to grow as Federal spending continues to increase.