Wednesday, June 27, 2018

Urban Turf post: "From Bloomingdale to Trinidad, the difference 20 years makes in DC neighborhood home prices"

Click on the link to read the entire Urban Turf article:

The transformation of many local DC housing markets from affordable communities to pricey destinations has been apparent to anyone paying attention in recent years. Now, a new study illustrates the dramatic rise in housing prices in neighborhoods across the country since the year 2000. 
Trulia analysis examines median home prices over time within various metropolitan areas to rank each neighborhood in each metro from most to least expensive, with the most expensive having a rank of "1". Overall, neighborhoods that rose the most in the rankings were near gentrifying "city centers" or were former industrial centers experiencing a lot of recent residential development.

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