$4.5 million in Burleith???

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:What is happening in Burleith??


Anything remotely affordable sells quickly.

This property is an overpriced white whale with an unreasonable seller.


Not so sure about that.

There are 8 homes for sale in Burleith, per Redfin. Days on market for each:

14 days
43 days
66 days
77+ days (actually longer because it was delisted)
78 days
93 days
93 days
225 days

There have been 6 homes sold in Burleith over the past three months. Half were on the market for 3+ months.




Which of these houses is affordable? The cheapest is 2.15mil and it is an odd house with no outside space. Every single one of this house has issues and all are very expensive. People who can afford that price point have options.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:What is happening in Burleith??


Anything remotely affordable sells quickly.

This property is an overpriced white whale with an unreasonable seller.


Not so sure about that.

There are 8 homes for sale in Burleith, per Redfin. Days on market for each:

14 days
43 days
66 days
77+ days (actually longer because it was delisted)
78 days
93 days
93 days
225 days

There have been 6 homes sold in Burleith over the past three months. Half were on the market for 3+ months.




Which of these houses is affordable? The cheapest is 2.15mil and it is an odd house with no outside space. Every single one of this house has issues and all are very expensive. People who can afford that price point have options.


What are the issues with each of these houses? Looks like Burleith is in trouble
Anonymous
Anonymous wrote:The fixures etc are really nice.

Let's talk rooftop:

How did they get that furniture up those spiral stairs?
Do you have to go up and shovel your furniture after the snow?
Tricky going down after a few cocktails.
Tricky going up carrying refreshments.

How do you get to the apartment?

No. The fixtures, bathrooms, etc are abut as cheaply done as possible. This is all big box junk
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:What is happening in Burleith??


Anything remotely affordable sells quickly.

This property is an overpriced white whale with an unreasonable seller.


Not so sure about that.

There are 8 homes for sale in Burleith, per Redfin. Days on market for each:

14 days
43 days
66 days
77+ days (actually longer because it was delisted)
78 days
93 days
93 days
225 days

There have been 6 homes sold in Burleith over the past three months. Half were on the market for 3+ months.




Which of these houses is affordable? The cheapest is 2.15mil and it is an odd house with no outside space. Every single one of this house has issues and all are very expensive. People who can afford that price point have options.


What are the issues with each of these houses? Looks like Burleith is in trouble


lol it’s not in trouble. It’s full of owners with either paid off homes or sub 3.5% interest rates. Anything below $2M sells quickly:

$1.6m - under contract in 4 days
https://redf.in/U7oKrv

$1.45m - under contract in 1 day
https://redf.in/EIsu8s

$1.23m - under contract in 2 days
https://redf.in/ThFjOy

$1.25m - under contract in 1 day
https://redf.in/GadPj6

$1.23m - under contract in 3 days
https://redf.in/FnMHSl

$2m - under contract in 9 days
https://redf.in/YZGPfp

The ugly developer spec flips always take forever to sell.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:What is happening in Burleith??


Anything remotely affordable sells quickly.

This property is an overpriced white whale with an unreasonable seller.


Not so sure about that.

There are 8 homes for sale in Burleith, per Redfin. Days on market for each:

14 days
43 days
66 days
77+ days (actually longer because it was delisted)
78 days
93 days
93 days
225 days

There have been 6 homes sold in Burleith over the past three months. Half were on the market for 3+ months.




Which of these houses is affordable? The cheapest is 2.15mil and it is an odd house with no outside space. Every single one of this house has issues and all are very expensive. People who can afford that price point have options.


What are the issues with each of these houses? Looks like Burleith is in trouble


lol it’s not in trouble. It’s full of owners with either paid off homes or sub 3.5% interest rates. Anything below $2M sells quickly:

$1.6m - under contract in 4 days
https://redf.in/U7oKrv

$1.45m - under contract in 1 day
https://redf.in/EIsu8s

$1.23m - under contract in 2 days
https://redf.in/ThFjOy

$1.25m - under contract in 1 day
https://redf.in/GadPj6

$1.23m - under contract in 3 days
https://redf.in/FnMHSl

$2m - under contract in 9 days
https://redf.in/YZGPfp

The ugly developer spec flips always take forever to sell.


Anything below $2 million will sell quickly in any desirable DC neighborhood. Burleith isn't the real estate utopia you think it is.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:What is happening in Burleith??


Anything remotely affordable sells quickly.

This property is an overpriced white whale with an unreasonable seller.


Not so sure about that.

There are 8 homes for sale in Burleith, per Redfin. Days on market for each:

14 days
43 days
66 days
77+ days (actually longer because it was delisted)
78 days
93 days
93 days
225 days

There have been 6 homes sold in Burleith over the past three months. Half were on the market for 3+ months.




Which of these houses is affordable? The cheapest is 2.15mil and it is an odd house with no outside space. Every single one of this house has issues and all are very expensive. People who can afford that price point have options.


What are the issues with each of these houses? Looks like Burleith is in trouble


lol it’s not in trouble. It’s full of owners with either paid off homes or sub 3.5% interest rates. Anything below $2M sells quickly:

$1.6m - under contract in 4 days
https://redf.in/U7oKrv

$1.45m - under contract in 1 day
https://redf.in/EIsu8s

$1.23m - under contract in 2 days
https://redf.in/ThFjOy

$1.25m - under contract in 1 day
https://redf.in/GadPj6

$1.23m - under contract in 3 days
https://redf.in/FnMHSl

$2m - under contract in 9 days
https://redf.in/YZGPfp

The ugly developer spec flips always take forever to sell.


Anything below $2 million will sell quickly in any desirable DC neighborhood. Burleith isn't the real estate utopia you think it is.


No one said it’s a “utopia” except for you. Your posts are full of hyperbolic energy. I provided recent listings that sold quickly to refute your weirdo post. If you lived in Burleith you’d know that most of the modern flips sell very slowly, usually 100+ days on market…. sometimes years!

Get bent.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:What is happening in Burleith??


Anything remotely affordable sells quickly.

This property is an overpriced white whale with an unreasonable seller.


Not so sure about that.

There are 8 homes for sale in Burleith, per Redfin. Days on market for each:

14 days
43 days
66 days
77+ days (actually longer because it was delisted)
78 days
93 days
93 days
225 days

There have been 6 homes sold in Burleith over the past three months. Half were on the market for 3+ months.




Which of these houses is affordable? The cheapest is 2.15mil and it is an odd house with no outside space. Every single one of this house has issues and all are very expensive. People who can afford that price point have options.


What are the issues with each of these houses? Looks like Burleith is in trouble


lol it’s not in trouble. It’s full of owners with either paid off homes or sub 3.5% interest rates. Anything below $2M sells quickly:

$1.6m - under contract in 4 days
https://redf.in/U7oKrv

$1.45m - under contract in 1 day
https://redf.in/EIsu8s

$1.23m - under contract in 2 days
https://redf.in/ThFjOy

$1.25m - under contract in 1 day
https://redf.in/GadPj6

$1.23m - under contract in 3 days
https://redf.in/FnMHSl

$2m - under contract in 9 days
https://redf.in/YZGPfp

The ugly developer spec flips always take forever to sell.


Anything below $2 million will sell quickly in any desirable DC neighborhood. Burleith isn't the real estate utopia you think it is.


I did not hear anybody say it was a utopia. You are dreaming.
Anonymous
Any other neighborhoods collapsing like this?
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