Comments on DC Home and Condo Prices: S&P/Case-Shiller: February 2009 report

It's possible that it's price point sensitive.

2009-05-19T13:27:00.000-04:00

It's possible that it's price point sensitive.

You know, it's really strange. I don't know if it...

2009-05-19T13:09:00.000-04:00

You know, it's really strange. I don't know if it's run-down foreclosures, soft-spots in the further reaches of Capitol Hill, or what, but I rarely see any decent house on the market for more than a month or so.

The row house across the street just sold for 20% more than it was purchased two years ago, and talking to several couples who've either just bought, or are hoping to buy on the Hill, there are still biding wars going on.

Maybe that's just in the $400-600k range. I'm open to the possibility I'm blinkered by wishful thinking, but it sure doesn't seem that way.

Uh, ibc, are you sure about that? Maybe you're lo...

2009-05-05T12:42:00.000-04:00

Uh, ibc, are you sure about that? Maybe you're looking in a different part of the Hill, but these stats for zip code 20003 seem to show the opposite:

http://www.redfin.com/zipcode/20003

Who cares about Case-Shiller's "DC area market"? ...

2009-04-30T11:09:00.000-04:00

Who cares about Case-Shiller's "DC area market"? I thought this blog was supposed to be about DC Home and Condo Prices. :)

Meanwhile Capitol Hill is like an impervious zone--haven't seen any price drops, and everything with a roof sells in a month. Crazy.

Masseyset: I hear you.

2009-04-30T10:09:00.000-04:00

Masseyset:

I hear you.

"Unfortunately"? Dropping prices are not unfortuna...

2009-04-30T09:39:00.000-04:00

"Unfortunately"? Dropping prices are not unfortunate if you are a renter looking to buy.