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Reply to "Prices dropping in MoCo???"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]A house on Porter St NW in another DCUM post dropped 1.3 million dollars. That is a crazy huge price drop!![/quote] Which one?[/quote] https://www.dcurbanmom.com/jforum/posts/list/1284956.page[/quote] This is Macomb...but flips for crazy amounts of money aren't really representative of the overall market. If you look at home sales in that area for the last 2 years, there are only two sales over $5MM (the price at which this one started) and only 2 sales between $4MM - $5MM. Yet, there are a total of like 50 home sales during that time period. [/quote]
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