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Real Estate
Reply to "DC Housing Prices drop beginning "
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[quote=Anonymous][quote=Anonymous]There is very little inventory. Anything that's a SFH under $1m and inside the Beltway is under contract within days. I know multiple sets of DINKs and high income singles who are looking and just can't find anything decent. Even the crap is selling fast. Or, if the SFH is nice, there's six offers. Condos are a different story. I know multiple people trying to selling their condos in DC and are seeing no interest. These same people wanted to take their equity and roll it into a SFH (for which there is no inventory!) The system has come to a screeching halt. Bad for condo owners, bad for agents, bad for people who want to upgrade. Great for SFH owners who want to sell and then are willing to downsize or leave DC completely. [/quote] Yeah I feel for condo owners trying to sell. Especially with all the social distancing stuff. It’s gonna be a hard sell to live in a place where you have to share an entrance door with everyone. [/quote]
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