DC market now

Anonymous
How on Earth are people getting comfortable buying real estate in DC right now? I’m already a homeowner here and under different circumstances would be looking to upgrade my home but:

- the Potomac River is a biohazard and sure that won’t be the case forever but didn’t we learn something here?? this area is such a disaster - truly - it’s so mismanaged that things like this are likely to keep happening

- city may very well be under federal rule soon. Whole country going down the tubes but this area is uniquely bad. We’ve lost the Kennedy center. Smithsonians probably next. All those perks of living here will be gone by the time trump done with us

I could go on but hopefully you get it. Look…we are seeing it in prices. So yes demand is down.

I’d love to have lived here long term in another universe…how are those of you who are deciding to double down on DC justifying it to yourselves.

If you think the shit in the river or in the white house are good things, probably don’t care to hear from you.

Anonymous
You need to relax
Anonymous
You definitely should move away if you feel like this.
Anonymous
Anonymous wrote:How on Earth are people getting comfortable buying real estate in DC right now? I’m already a homeowner here and under different circumstances would be looking to upgrade my home but:

- the Potomac River is a biohazard and sure that won’t be the case forever but didn’t we learn something here?? this area is such a disaster - truly - it’s so mismanaged that things like this are likely to keep happening

- city may very well be under federal rule soon. Whole country going down the tubes but this area is uniquely bad. We’ve lost the Kennedy center. Smithsonians probably next. All those perks of living here will be gone by the time trump done with us

I could go on but hopefully you get it. Look…we are seeing it in prices. So yes demand is down.

I’d love to have lived here long term in another universe…how are those of you who are deciding to double down on DC justifying it to yourselves.

If you think the shit in the river or in the white house are good things, probably don’t care to hear from you.



I'll give you a better answer than the ones above. People live here for the jobs. It's not like there's a ton to offer otherwise compared to many parts of the country. If the jobs are here, people will live here.
Anonymous
It is job related.

I have looked elsewhere for jobs and the salary is either way too low or it is a HCOL area, so why would I move to make the same salary and my house will cost double with a higher mortgage rate?
Anonymous
We would really like to move. But we've each had several jobs in our careers, and are finally in jobs that we actually like, and so we're willing to tolerate the downsides of living here because we know how hard it is to have jobs we like. We don't really care about the political situation, but we find the traffic, density, and competitiveness of this area to be exhausting.
Anonymous
Anonymous wrote:You definitely should move away if you feel like this.


OP: I make a few million a year living here. So I won’t be moving. This is abt putting more of my hard earned money in this place
Anonymous
Anonymous wrote:
Anonymous wrote:You definitely should move away if you feel like this.


OP: I make a few million a year living here. So I won’t be moving. This is abt putting more of my hard earned money in this place


Your two neurons are THIS CLOSE to putting it together, man, I'm rooting for you.

(you don't deserve your level of income)
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:You definitely should move away if you feel like this.


OP: I make a few million a year living here. So I won’t be moving. This is abt putting more of my hard earned money in this place


Your two neurons are THIS CLOSE to putting it together, man, I'm rooting for you.

(you don't deserve your level of income)
.

Dont be jealous.


Ok so you think things just can’t possibly get bad enough here that real estate isn’t worth much anymore…

And that’s the kind of simple thinking that I don’t care to hear
Anonymous
Anonymous wrote:How on Earth are people getting comfortable buying real estate in DC right now? I’m already a homeowner here and under different circumstances would be looking to upgrade my home but:

- the Potomac River is a biohazard and sure that won’t be the case forever but didn’t we learn something here?? this area is such a disaster - truly - it’s so mismanaged that things like this are likely to keep happening

- city may very well be under federal rule soon. Whole country going down the tubes but this area is uniquely bad. We’ve lost the Kennedy center. Smithsonians probably next. All those perks of living here will be gone by the time trump done with us

I could go on but hopefully you get it. Look…we are seeing it in prices. So yes demand is down.

I’d love to have lived here long term in another universe…how are those of you who are deciding to double down on DC justifying it to yourselves.

If you think the shit in the river or in the white house are good things, probably don’t care to hear from you.



Where are we seeing it in prices? DC area, especially close-in high demand areas are doing very well.

The worst housing markets are in FL and TX primarily:

Top 10 metros* with the largest year-over-year drop in home values
Metro Typical home value as of October 31, 2025 YoY % change in value
Austin, TX $426,454 -6.10%
Tampa, FL $356,298 -6.09%
Miami, FL $470,828 -4.79%
Orlando, FL $384,931 -4.55%
Dallas, TX $362,053 -4.02%
Jacksonville, FL $347,020 -3.40%
Phoenix, AZ $444,548 -3.36%
San Antonio, TX $276,411 -2.97%
Atlanta, GA $378,785 -2.92%
Denver, CO $566,597 -2.92%
Anonymous
DC area prices used to be about the same as LA, Seattle, Boston, etc. but those places have appreciate so much more than us. Our prices are more like mid-tier places like Raleigh now.
Anonymous
Anonymous wrote:
Anonymous wrote:How on Earth are people getting comfortable buying real estate in DC right now? I’m already a homeowner here and under different circumstances would be looking to upgrade my home but:

- the Potomac River is a biohazard and sure that won’t be the case forever but didn’t we learn something here?? this area is such a disaster - truly - it’s so mismanaged that things like this are likely to keep happening

- city may very well be under federal rule soon. Whole country going down the tubes but this area is uniquely bad. We’ve lost the Kennedy center. Smithsonians probably next. All those perks of living here will be gone by the time trump done with us

I could go on but hopefully you get it. Look…we are seeing it in prices. So yes demand is down.

I’d love to have lived here long term in another universe…how are those of you who are deciding to double down on DC justifying it to yourselves.

If you think the shit in the river or in the white house are good things, probably don’t care to hear from you.



Where are we seeing it in prices? DC area, especially close-in high demand areas are doing very well.

The worst housing markets are in FL and TX primarily:

Top 10 metros* with the largest year-over-year drop in home values
Metro Typical home value as of October 31, 2025 YoY % change in value
Austin, TX $426,454 -6.10%
Tampa, FL $356,298 -6.09%
Miami, FL $470,828 -4.79%
Orlando, FL $384,931 -4.55%
Dallas, TX $362,053 -4.02%
Jacksonville, FL $347,020 -3.40%
Phoenix, AZ $444,548 -3.36%
San Antonio, TX $276,411 -2.97%
Atlanta, GA $378,785 -2.92%
Denver, CO $566,597 -2.92%


Prices in those places nearly doubled in the last 10 years. We are up like 40%. Some peoples prices have even gone down.
Anonymous
Anonymous wrote:
Anonymous wrote:How on Earth are people getting comfortable buying real estate in DC right now? I’m already a homeowner here and under different circumstances would be looking to upgrade my home but:

- the Potomac River is a biohazard and sure that won’t be the case forever but didn’t we learn something here?? this area is such a disaster - truly - it’s so mismanaged that things like this are likely to keep happening

- city may very well be under federal rule soon. Whole country going down the tubes but this area is uniquely bad. We’ve lost the Kennedy center. Smithsonians probably next. All those perks of living here will be gone by the time trump done with us

I could go on but hopefully you get it. Look…we are seeing it in prices. So yes demand is down.

I’d love to have lived here long term in another universe…how are those of you who are deciding to double down on DC justifying it to yourselves.

If you think the shit in the river or in the white house are good things, probably don’t care to hear from you.



Where are we seeing it in prices? DC area, especially close-in high demand areas are doing very well.

The worst housing markets are in FL and TX primarily:

Top 10 metros* with the largest year-over-year drop in home values
Metro Typical home value as of October 31, 2025 YoY % change in value
Austin, TX $426,454 -6.10%
Tampa, FL $356,298 -6.09%
Miami, FL $470,828 -4.79%
Orlando, FL $384,931 -4.55%
Dallas, TX $362,053 -4.02%
Jacksonville, FL $347,020 -3.40%
Phoenix, AZ $444,548 -3.36%
San Antonio, TX $276,411 -2.97%
Atlanta, GA $378,785 -2.92%
Denver, CO $566,597 -2.92%


We met with an agent yesterday in DC. We want to downsize. The agent said the softest market is $1- $1.5m because those in that price range are most concerned about the economy. The $2M + market is going like gangbusters.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:How on Earth are people getting comfortable buying real estate in DC right now? I’m already a homeowner here and under different circumstances would be looking to upgrade my home but:

- the Potomac River is a biohazard and sure that won’t be the case forever but didn’t we learn something here?? this area is such a disaster - truly - it’s so mismanaged that things like this are likely to keep happening

- city may very well be under federal rule soon. Whole country going down the tubes but this area is uniquely bad. We’ve lost the Kennedy center. Smithsonians probably next. All those perks of living here will be gone by the time trump done with us

I could go on but hopefully you get it. Look…we are seeing it in prices. So yes demand is down.

I’d love to have lived here long term in another universe…how are those of you who are deciding to double down on DC justifying it to yourselves.

If you think the shit in the river or in the white house are good things, probably don’t care to hear from you.



Where are we seeing it in prices? DC area, especially close-in high demand areas are doing very well.

The worst housing markets are in FL and TX primarily:

Top 10 metros* with the largest year-over-year drop in home values
Metro Typical home value as of October 31, 2025 YoY % change in value
Austin, TX $426,454 -6.10%
Tampa, FL $356,298 -6.09%
Miami, FL $470,828 -4.79%
Orlando, FL $384,931 -4.55%
Dallas, TX $362,053 -4.02%
Jacksonville, FL $347,020 -3.40%
Phoenix, AZ $444,548 -3.36%
San Antonio, TX $276,411 -2.97%
Atlanta, GA $378,785 -2.92%
Denver, CO $566,597 -2.92%


We met with an agent yesterday in DC. We want to downsize. The agent said the softest market is $1- $1.5m because those in that price range are most concerned about the economy. The $2M + market is going like gangbusters.



OP: I guess I’ll need to ask my agent to show me some hard data because everything I see on my own looking – this is not true. I am only looking in NW DC and I see “price improvements“ constantly. I’m looking at houses in the $2.5 to 3.5 million range.


Many of the houses I’m looking at have been sitting for weeks or months. And then have to knock a couple hundred thousand off their asking price to get sold.

Again – I am looking in highly desirable close in Northwest neighborhoods
Anonymous
OP, you make millions per year and you're worried? Why don't you just move to a different office of your law firm if you think DC is forever changed?
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