Did anyone catch the news tonight? Lester Holt confirmed that this is in fact the worst time for buyers since the financial crisis of 2008. It’s simple supply and demand. More people want to buy than people want to sell. Lack of new construction doesn’t help either. This isn’t just in DC. All over the country “starter homes” are skyrocketing in price thanks to multiple offers. They profiled a small home in California that had increased in value by $200k in just two years. Sounds all too familiar. For all of you stuck in the rental cycle, here are some options:
$1350 / 1br – 400ft2 – Charming basement apartment – great location! (Chevy Chase, DC)
$1550 / 500ft2 – Efficiency with balcony in a fabulous location (DUPONT)
$1650 / 1br – Bloomingdale – Renovated English Basement (2nd & R St. NW)
$1695 Lovely Very Large Studio Steps From Eastern Market! (649 C St SE)
$1800 / 1br – 550ft2 – English Basement w/ Large 300 sq. ft Walk-out Patio – Great Location! (U Street)
$1850 / 1br – Sunny 1BR apt near Barracks Row and Eastern Market (Capitol Hill)
$1995 / 1br – 650ft2 – Sunny Corner Top Floor 1br Apt – unfurnished – $1,995/mo (Kalorama / Adams Morgan/ Dupont)
$2150 / 1br – 620ft2 – NEW – 1 bedrm apt in AdMo, $2150/month, utilities included (16th and Kalorama)
$2545 / 2br – Gorgeous boutique 2BR/2BA in heart of Adams Morgan (Adams Morgan)
$2600 / 2br – Beautiful two-level, 2ba 1 ba in Mt. Pleasant w/ garage parking (Mt. Pleasant)
$2650 / 2br – 831ft2 – Bright 2 bedroom apartment with outdoor space! (16th & U St NW)
