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Real Estate
Reply to "If you bought 2005-2007 and got hit, tell me your story, location and age"
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[quote=Anonymous][quote=Anonymous]That’s so surprising to me. We bought a row house in DC for 420k in late 2006. We have done some work on it—probably 150k in upgrades—and it’s worth 900 to one million now. Of course, we haven’t actually tried to sell it! I thought most of the DC area was similar. [/quote] DC proper looks different from even the rest of the inner beltway areas (which in turn look different from outside the beltway). And then detached, attached and condos all have very different paths too. Rowhomes and the few detached homes in the inner core of DC collapsed in price in the 60s, 70s, and 80s. But since about the mid 1990s, they've only gone up - you barely see the 2008 crash in the data. [/quote]
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