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Real Estate
Reply to "Housing prices dropping"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I believe so too in DC proper. Take this house as an example. Sold in 2018 for $1,085,000 listed in April for $1,045,000 now at $990,000. https://www.zillow.com/homedetails/3742-9th-St-NW-Washington-DC-20010/474907_zpid/[/quote] I’m not a crime fear-monger but in 2018 Petworth was on the rise/improving and it took a reverse turn over the past few years. Pair that factor with high interest rates and people with $1 million + to spend and hybrid work arrangements are far less interested in neighborhoods like this.[/quote] This. Plus it's normal for prices to drop a bit over the summer for areas with primary homes for families. Families want to close and move in before school starts.[/quote]
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