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Reply to "Are sellers cutting prices in your area?"
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[quote=Anonymous]UrbanTurf has a chart with the DC neighborhoods that had the most homes to feature price drops in June and July. It's not really surprising that neighborhoods that only recently have become desirable (Trinidad, Bloomingdale, Petworth) are the ones with the most price drops. In this market, people are not going to pay a premium to live in a neighborhood with crime/school/location issues. https://dc.urbanturf.com/articles/blog/where_are_home_sellers_in_dc_dropping_prices/23729[/quote]
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