More Proof that DC Real Estate is Dead
Found this ad on the front page of the post today.
Note it's next to a story about record low unemployment. (Center column, bottom of page...)
And it is a big fire sale. Just take a peek:
And, of course, refresh the page, and the home fire sale ad is replaced by a hard-up condo project. Who wouldn't want to live above a hotel overlooking some of the busiest, noisiest traffic in the DC area? (Not shown here, of course. Camera angle is KEY.) And only $400,000 or so for a measly 700 Sq feet! In an area where you can rent that for about $1,200 a month...