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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Begging and pleading: please stop the "I bought my condo and made a million bucks" posts.  The person who posted it is either dimwitted or a troll.  [/quote]

I didn't make a million. Never said I did. But did I buy for 380K in 2008 and sell in one day on market in 2012 for 420K? Yes, yes I did. Speedy that offends you. [/quote]

NP here. Your rate of appreciation was less than 3% a year. That's middling to normal. However, the appreciation rate for rowhouses and SFHs in much of DC and close-in burbs (desirable parts, that is) has been astronomical over the past few years. So not sure why you keep bragging about your lackluster condo sale? [/quote]

Wasn't lackluster to me. It helped with my down payment significantly. I'm very much enjoying reading your bitter words from my 3-story SFH.[/quote]

Sorry to disappoint but I'm hardly bitter - I bought my first home in DC for $750k and sold it for 3.5%/year appreciation 5 years later. Didn't pay any condo fees in the interim either because it was a rowhouse. I could have gotten higher rate of appreciation in a different neighborhood but I wanted to live where I wanted to live even if it meant just normal appreciation. Now live in a much more expensive SFH that is our forever home. I was only pointing out that your crowing is weird considering that your rate of return was really not that impressive. I had a better return than you but mine isn't remarkable either.  I knew that going in tho - some of my friends chose to buy in Petworth, Brookland, etc because they wanted a steeper upside on their investment. They made a much higher rate of return when they sold than I did. I had a bit more financial cushion tho and knew I didn't have to rely on massive appreciation to buy the next house so I chose to live in a fully-gentrified area that I loved and felt safe in. That was a luxury that I paid for in terms of foregoing greater returns (tho on the flip side, it would have weathered another real estate dip better than other areas). [/quote]

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