Activity in Georgetown residential real estate for last week:
3 new active listings at $379,000, $589,000, and $1,395,000
2 properties under contract with list prices of $828,000, $1,299,000
6 settled properties at $239,000, $489,000, $719,900, $1,160,000, $2,295,000, and $4,950,000
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Activity in general in DC (buyers making offers and sellers listing properties) seems to have picked up in the last few weeks. Part of it I think is related to the homebuyer credit deadline of 4/30, but I think a bigger part is market driven - interest rates, some easing of credit and confidence in our local market.
ReplyDeleteWell I have to be honest and point out that the upswing in the market crushed my hopes that I would one day be able to get a Georgetown home for about 80K in great condition. Oh well, time to fall back on my other plan, winning the lottery!
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