Reply to your predictions for "hot" neighborhoods in DC next year?

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Reply to "your predictions for "hot" neighborhoods in DC next year?"

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[quote=Anonymous][quote=Anonymous]I suspect the Cathedral Commons poster was tongue-in-cheek, but there is some substance to the belief that the expensive NWNW neighborhoods -- Georgetown, Foxhall, Palisades, Spring Valley, Kent, Wesley Heights -- stand to appreciate considerably in the coming five to ten years. Once Hardy MS becomes an attractive middle school, parents of two teenage kids will find themselves $40,000 richer each year. That's the equivalent of an 800k mortgage right now and would really relax the budget constraints of prospective buyers.

For a point estimate, I would believe a forecast of 250k appreciation in that time frame were Hardy and Wilson to become comparable to MoCo schools. The gains would b mostly in the later years of that window. [/quote]

It's probably 10 years away for Hardy to become a really attractive middle school.  And Deal won't stand still during that period.  It likely will be the top middle school in DC for those who value that.  That's why some school neighborhoods are going a little nuts right now because they are being down-shifted from Deal to Hardy.[/quote]

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