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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How on Earth are people getting comfortable buying real estate in DC right now? I’m already a homeowner here and under different circumstances would be looking to upgrade my home but:

- the Potomac River is a biohazard and sure that won’t be the case forever but didn’t we learn something here?? this area is such a disaster - truly - it’s so mismanaged that things like this are likely to keep happening

- city may very well be under federal rule soon.  Whole country going down the tubes but this area is uniquely bad.  We’ve lost the Kennedy center.  Smithsonians probably next.  All those perks of living here will be gone by the time trump done with us

I could go on but hopefully you get it.  [b]Look…we are seeing it in prices.  So yes demand is down.  [/b]

I’d love to have lived here long term in another universe…how are those of you who are deciding to double down on DC justifying it to yourselves.

If you think the shit in the river or in the white house are good things, probably don’t care to hear from you.

[/quote]

Where are we seeing it in prices?  DC area, especially close-in high demand areas are doing very well.

The worst housing markets are in FL and TX primarily:

Top 10 metros* with the largest year-over-year drop in home values
Metro	Typical home value as of October 31, 2025	YoY % change in value
Austin, TX	$426,454	-6.10%
Tampa, FL	$356,298	-6.09%
Miami, FL	$470,828	-4.79%
Orlando, FL	$384,931	-4.55%
Dallas, TX	$362,053	-4.02%
Jacksonville, FL	$347,020	-3.40%
Phoenix, AZ	$444,548	-3.36%
San Antonio, TX	$276,411	-2.97%
Atlanta, GA	$378,785	-2.92%
Denver, CO	$566,597	-2.92%[/quote]

We met with an agent yesterday in DC. We want to downsize. The agent said the softest market is $1- $1.5m because those in that price range are most concerned about the economy. The $2M + market is going like gangbusters.[/quote]

OP: I guess I’ll need to ask my agent to show me some hard data because everything I see on my own looking – this is not true. I am only looking in NW DC and I see “price improvements“ constantly. I’m looking at houses in the $2.5 to 3.5 million range.

Many of the houses I’m looking at have been sitting for weeks or months. And then have to knock a couple hundred thousand off their asking price to get sold.

Again – I am looking in highly desirable close in Northwest neighborhoods[/quote]

PP here: the agent also said it's still a buyer's market so if you have an ok house, it's not going to sell. For 2.5 - 3.5 people are expecting a house that's been renovated, etc. [/quote]

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