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Reply to "Why aren't DC homes selling???"
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[quote=Anonymous]$800K range has got to be the worst price point to try to sell in DC. At $800K you're looking at bad schools and probably not close to a metro stop. For higher income people you can stretch and get good schools and much lower crime for just a few hundred thousand extra. For lower income people if you're going to deal with bad schools and low walkability anyway, you can pay half as much EOTR or in PG county. I can't think of a single neighborhood in DC proper where houses cost $800K and I'd be willing to spend $800K to live there. [/quote]
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