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[quote=Anonymous]My timing wasn’t as good as my friends that bought in my current neighborhood 5 years prior to me, but my SFH in Clarendon has appreciated $550k since we bought it in 2009. We have a house in NW that appreciated $400k since we bought that in 2004. So we have seen over $1 million in appreciation in a little over a decade. My mom and dad thought we were crazy and overpaid...and now admit they were smart purchases. I’d be careful of areas that are straddling and not yet gentrified. It’s a gamble. It could end up a fortune, but lots of times the neighborhood never takes off and it’s not safe. I’d check out anywhere where Amazon will have a big impact. Microsoft just announced they are setting up in Rosslyn. Things are only going to get pricier around here.[/quote]
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