tag:blogger.com,1999:blog-13164186.post114348184275424849..comments2024-01-27T19:26:32.604-05:00Comments on Bubble Meter: Houses Sitting in Washington, DC AreaDavidhttp://www.blogger.com/profile/11169148764438565562noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-13164186.post-1143569772085555062006-03-28T13:16:00.000-05:002006-03-28T13:16:00.000-05:00I am moving to DC in the next year, and have alrea...I am moving to DC in the next year, and have already made some provisions, but in the search, these are the types of things that I found.<BR/><BR/>Try this search on Wapo - <BR/>http://www.apartments.com/partner/Results.aspx?page=results&stype=zip&zip=20016&partner=wpost&prvpg=5&Rent_Minimum=0&Rent_Maximum=99999&twobdrm=0&threebdrm=0<BR/><BR/>Got 2 BRs from 2500 - 3500 and no currently available 3brs (takes a call). The web pages list $2100 - 2600 for 2BR prices, but when calling, I can only get the 2500 number.<BR/><BR/>Now do this search for sales.<BR/>Condos (just to limit search) in Cleveland park 2+ BR.<BR/><BR/>Out of 68 returned listings, 14 existing (and mostly brand-new) were above $550k (the approx. $3k/month mark, if assume $400/month fees). The condo fees may be more. There were another 14<BR/>above this price coming on line (so who knows whether they will stay at this price).<BR/><BR/>The low was $320k for 2/1 940 sq.ft on cathedral ave. ($1500 + fees). There are 11 listings at or under $400k ($2000 + fees).<BR/><BR/>At $549, the highest already existing listing below $550, there is 1700 sq. ft 3/2. There was only one 3 BR for rent in this zip recently (for $2200?!! on craigslist), but it was much smaller.<BR/><BR/>Listings on craigslist and and washington paper in this area are fairly rare.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1143561775425063802006-03-28T11:02:00.000-05:002006-03-28T11:02:00.000-05:00noah,I beg to differ. Show me your numbers.Davidnoah,<BR/><BR/>I beg to differ. Show me your numbers.<BR/><BR/>DavidDavidhttps://www.blogger.com/profile/11169148764438565562noreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1143558932583072972006-03-28T10:15:00.000-05:002006-03-28T10:15:00.000-05:00so way out in the burbs and in some "transitional"...so way out in the burbs and in some "transitional" neighborhoods, prices have gone higher than rent. But look at 20016 or some other neighborhoods, and see the difference in price of condos and rent. Doesn't seem to be much of one. <BR/><BR/>I actually do wish there were the same differential in the good neighborhoods, but as it is, can't afford to rent or buy :-)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1143493629430942152006-03-27T16:07:00.000-05:002006-03-27T16:07:00.000-05:00I think that was like the Washington Post article ...I think that was like the Washington Post article today or yesterday. The thing is, that article said that houses are still moving in Montgomery County. I don't know as I am not familiar with the data, but based purely on my anecdotal evidence of seeing a lot of houses with for sale signs for a long time, I don't believe it.<BR/><BR/>A Redskins FanAnonymousnoreply@blogger.com