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Reply to "Does anyone super commute (work in NYC and live in DC)?"
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[quote=Anonymous][quote=Anonymous]A lot of people are saying just move to NYC. Don't discount the possibility of selling your house only to find that you can't move back into your own neighborhood should you want to. I have seen several postings in my neighborhood and on DCUM regretting selling because they decided to return and can't afford the neighborhood anymore or there is just no inventory even if they can afford it. So, if it comes to that, considering renting your house until you are sure you won't return.[/quote] The market outside of NY is much stronger, generally speaking. We live in a 1900 sqft 4 bed/2.5 bath house and houses like ours are selling for around $2.1M in our area. A house near us just sold for almost $3.4M and it was less than 2300 sqft. It might be a stretch for OP to buy but she will be in a much stronger financial position if she sells after 5-7 years and wants to move back to DC.[/quote]
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