It’s time to share my Three Cents Worth (3CW) on Curbed DC , at the intersection of neighborhood and real estate in the nation’s capitol. And I’m simply here to take measurements.
…No. But please read on. It’s been a while since I’ve placed a chart of Curbed DC, and even longer since I was politically correct (but hey, I’m really trying). With the RNC underway and DNC up next, I thought I’d try to find some sort of correlation to the DC Metro housing market that coincides with the party of the president voted into office and their slogan/theme. Obviously the elections aren’t all about housing, but housing is very important in terms of its economic impact and “Wealth Effect” influence” on the US economy. Doh! I looked at MRIS’ awesome online resources and thought that new listing history might tell the story – I clearly went overboard so please indulge me. My thinking was new listings reflect people placing listings on the market in reaction to their view or opportunity with the world around them. Job transfer, lost job, trading up, cashing out, etc….
[click to read column]