Reply to Recall Brianne Nadeau Officially Launches

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This is concerning

[twitter]https://twitter.com/saveward1/status/1760760374922543475[/twitter][/quote]

This is a sh*tty analysis as it compares a very short timeframe of YTD 2024 (roughly one month) during the slowest time of the year and doesn't include the sample size of number of homes sold which is small depending on the area. It also doesn't trend the percent over time so you don't know what the baseline usual rate is for homes to drop prices, especially in January. U St amounts to 11 homes or less sold in total in 2024 thus far as of today per Redfin (and possibly less than that depending in the timeframe covered in this analysis). Of course the percents are magnified when the sample size is low.

[b]Is there a trend of falling prices due to crime or is it more related to very high mortgage rates or is it related to people moving to burbs because of work from home scenarios that didn't exist before the pandemic and are now permanent?[/b] Important questions to ask, but this poorly constructed analysis doesn't answer them.[/quote]

The article notes numbers are up from same time frame last year, and that AU Park and Chevy Chase DC do not appear to have lowered prices. So, that sheds light on your theories 2 and 3. Will be interesting to see what spring market looks like. If similar, could really start to snowball.

I hope the ship can be righted in DC. Will take change of leadership and embracing of core missions of government, imo. [/quote]

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