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Real Estate
Reply to "Any other sellers' houses sitting on the market?"
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[quote=Anonymous]Our close friends recently moved to coastal California , in a very large metropolitan area. It is a very beautiful part of the country. When we expressed our shock that they would consider moving somewhere so expensive, they shocked us back by showing us numerous homes they were looking at that were equally, or only slightly more expensive than similar housing here in DC. In fact, I personally preferred the style of some of the housing stock there to what is similarly-priced here. My point is that DC prices have reached an equilibrium with those of other highly-desirable, very expensive areas of the country, When that happens, people like our friends decide that if they are going to pay so much to live in any case, then they will decide to live in areas that are inherently more appealing for one reason or another.[/quote]
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