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Real Estate
Reply to "The seven paths to DC-area home ownership"
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[quote=Anonymous]We are a combination of #1 and #7 - bought a large but unrenovated house in 2011 for $450K, with a $100K down payment and a slightly higher interest rate for a fixed rate loan with no verification of employment. I should also add that we live in a close-in but unfashionable Pimmit Hills because we were priced out of Arlington AND unwilling to go further out than West Falls Church. Our house appreciated considerably over the last three years - you really can't buy anything livable larger than 900 sqft in Pimmit Hills any more for $450K any longer. We are renovating gradually and pat ourselves on the back daily. PH isn't for everyone, and it sure wasn't any better 3 years ago. It's all uphill from here. [/quote]
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