Unfortunately, it's you NoVa people that move the goalposts. Of course it's relevant that housing appreciation of Bethesda and Arlington have been comparable since the 1980s. It basically shows that the argument that Bethesda was somehow nicer than Arlington in the 80s or 90s is nonsense -- they've always both had the same level of desirability driven by the fact that they relatively nice, inside-the-beltway suburbs. Silver Spring has never been comparable to Bethesda or Arlington, so that's a total red herring that demonstrates the dishonesty of the NoVa boosters in this thread. |
| I bought a SFH in 2007 and looked at both Bethesda and north Arlington. Comparable properties were in each area were priced the same. I have no idea where people are getting the idea that north Arlington was ever cheap — it wasn’t. |
Really? Let’s compare 1,700 sq ft SFHs in North Arlington and Silver Spring. Both boring, boxy, brick colonials. Silver Spring Home - Selling for $698,000. Sold in 2005 for $489,000 https://www.redfin.com/MD/Silver-Spring/2401-Hayden-Dr-20902/home/10990843 North Arlington Home - Contingent in 4 days for $949,000. Sold in 2003 for $399,000. https://www.redfin.com/VA/Arlington/224-N-Greenbrier-St-22203/home/11243432 Silver Spring and Arlington both have a lot of these 1940s boxy colonials and I promise you they were selling for comparable prices in the early 2000s. The example I used from Silver Spring isn’t even in the nicest part of Silver Spring like Woodside. It’s in Forest Glen / Wheaton. |
Prices increased by about 50% from 2003 to 2005. I guess you didn't live through that housing bubble. |
lol so you spend your time concern trolling here about it? |
+1. North Arlington has always been uglier than Bethesda, which seems to be throwing people off. They assume that because it has always looked uglier than Bethesda, it should have been cheaper 20 years ago. But the simple truth is that both areas have always been desirable and always will be desirable. If North Arlington got to be much cheaper than Bethesda, or vice versa, the market would self-correct because people would start flocking to the cheaper place. This isn't complicated. |
Just as an example, this North Arlington home sold for $1.5 million in 2004. Again, that area was simply never cheap: https://www.zillow.com/homedetails/2307-N-Randolph-St-Arlington-VA-22207/64670918_zpid/ |
I am wondering the same as well. Who cares, just choose a place to live, and let other people choose their own. |
There are assertions on here that all of Arlington was more expensive and not comparable to Silver Spring 20 years ago which is just not true. Arlington south of Route 50 was as expensive as housing in Silver Spring, especially near downtown Silver Spring and Forest Glen, 20 years ago. Since then South Arlington has become much more expensive than Silver Spring. Just look at the area around Snider’s Grocery as an example of why that is. That whole area was much nicer 10-20 years ago. RIP Woodside Diner. |
There aren’t even interior photos of that place. For all we know it could be dilapidated inside. The Silver Spring and Arlington houses PP posted are almost exactly the same size, style, age, and have the same types of upgrades. Also, the goalposts keep moving. Now it is “North Arlington” against all of Bethesda. All of Arlington, as a whole, was not seen as desirable as Bethesda 20 years ago. If you think that, you never visited Columbia Pike a bunch of other parts of South Arlington. Compare Columbia Pike’s evolution over the past 20 years to Georgia Avenue’s evolution over the past 20 years. There is not even a comparison in terms of economic development and quality of life improvement. |
The goalposts are not moving, except by you. For some bizarre reason, you keep wanting to compare South Arlington with Bethesda. North Arlington and Bethesda have always been comparable in terms of real estate prices. I have no clue if South Arlington was comparable to Silver Spring 20 years ago, but the simple fact is that South Arlington benefited greatly from Amazon. If you need someone to acknowledge that Silver Spring hasn't kept up with South Arlington in terms of real estate appreciation, that's the reason. Silver Spring is a very nice place to live, but it doesn't have Amazon. |
Old Town is a shiny new development? It probably has the most character and charm together with Gtown than anything else in DC metro. |
It is a thing because of inflation alone. And people voting where they want to live (supply demand). But inflation part of it is hard to ignore. |
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I remember coming to Bethesda to stay at a chain hotel I had points in in early 2000s, but ultimately it was rather underwhelming and I went to DC a lot. DC was very vibrant back then, lots of young people. Clarendon was similar to Bethesda back then IMHO. It started to get some spillover of young people from DC that was getting more expensive. But there wasn't much there back then and residential architecture was rather ugly. Of course, it's now mostly rebuilt.
I'd say both Bethesda and Arlington developed in equal strides. They both now have attractive retail/dining main street areas, condos, THs and SFHs. Arlington is just a longer strip because of Clarendon joining Ballston. And because it still attracts a lot of young people it has more youthful energy while Bethesda trends older, family people, and has more stuffy type of environment. Silver Spring was not on my radar to visit and still isn't. I have family near there and the only reason we'd go there a few times a year, but I never had an urge to stop off and linger in its downtown area. |
| Montgomery County has turned into a dump. Back in the 70's it was the richest county in US. Now its number 26. What's that tell you. All the wealth has left. They saw what was happening and got out at the right time. |