…does the real estate market kinda suck for buyers right now?
We’ve been seriously looking since late December, and the cupboard is pretty bare right now in the $350k-500k market, based on all the real estate signs in the area that we’ve seen. There’s some inventory out there, but the good pieces are going in less than 5 days, and there aren’t even many of those. Since the first of the year, we’ve seen three properties worth buying, two in Petworth and one over the Atlas District, and it’s been absolutely hectic. The place we liked in the Atlas District went for $30k over list, and ended up being an all-cash offer that we just couldn’t compete with.
So, are we the only ones having trouble finding a house for $300-450k with central air north of the Anacostia?