tag:blogger.com,1999:blog-8835710.post1847379010098362095..comments2024-02-14T06:26:09.116-05:00Comments on Frozen Tropics: Local Briefing: Quara Ethiopian Fusion, a Bite or Drink at Whole Foods, Architecture MonthUnknownnoreply@blogger.comBlogger15125tag:blogger.com,1999:blog-8835710.post-58684568773036355812017-03-20T23:45:11.618-04:002017-03-20T23:45:11.618-04:00That guy who always talks about chain restaurants ...That guy who always talks about chain restaurants here is right about one thing. High end upscale dining improves neighborhood value. The presence on H won't save Trinidad until safe decent options open on Florida, coming soon perhaps, and on either Mt Olivet, doubtful, or Bladensburg, not as long as Starburst plaza or Kathy H exist. Fast growing neighborhoods are always flanked by 2 sides of growth and at least one higher end thoroughfare. The campus and Florida are a good start but you'll need another. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8835710.post-42859098586423057632017-03-20T16:47:49.096-04:002017-03-20T16:47:49.096-04:00Now that demand is leveling off we certainly will ...Now that demand is leveling off we certainly will start to see the value of homes in the Trinidad neighborhood dropping off.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8835710.post-65153677814765501692017-03-20T13:44:52.176-04:002017-03-20T13:44:52.176-04:00If you paid too much for your home, especially in ...If you paid too much for your home, especially in Trinidad, where most people did, prepare to be underwater, or in some cases for those who finally surfaced to be under water again. Paying $650,000 for a beat up rowhouse with no parking in an unsafe neighborhood wasn't a good idea to begin with. With this administration there certainly won't be as much compassion as there were for the forclosures in 2010.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8835710.post-20890458948891838192017-03-20T10:04:29.993-04:002017-03-20T10:04:29.993-04:00Agree w/ Edwina. I bought at the peak in 2005. Th...Agree w/ Edwina. I bought at the peak in 2005. The market crashed and in 2010 my house was worth almost 40% less. I didn't care because I had no plans to move and I wasn't in the flipping business. Real estate is supposed to be long-term. If you're trying to flip or planning to move in a short time you should expect to get burned in this market.<br /><br />Being around in the last real estate market crash, one thing that seems different this time around is the rapid emergence of new H street businesses. As long as H street and the surrounding areas continue to revitalize, the demand for housing in the Trinidad area will continue to grow. The demand will keep growing until it levels off and it seems to be doing just that. Trinidadnoreply@blogger.comtag:blogger.com,1999:blog-8835710.post-46861805455282543252017-03-20T08:57:48.452-04:002017-03-20T08:57:48.452-04:00Do you have any actual evidence to back up what yo...Do you have any actual evidence to back up what your saying? I've already shown above that what you are saying about home prices is just false. <br /><br />The bureau of labor statistics seems to think a lot of people are hiring and that the unemployment rate is decreasing:<br />https://www.bls.gov/news.release/metro.t01.htm<br /><br />Here is an idea, instead of just sitting there guessing what's going on in the world around you why don't you use the internet connection you obviously have to look up some facts.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8835710.post-45078529940859867512017-03-20T08:29:13.031-04:002017-03-20T08:29:13.031-04:00Believe me, the bubble is going to burst when the ...Believe me, the bubble is going to burst when the jobs dry up in this town. I mean, who's hiring lately? People are already starting to lower home prices when selling.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8835710.post-34269448241503132017-03-20T07:16:29.590-04:002017-03-20T07:16:29.590-04:00What re you guys talking about?
https://www.truli...What re you guys talking about?<br /><br />https://www.trulia.com/real_estate/Trinidad-Washington/1900/market-trends/<br /><br />The real estate market for our neighbor hood is doing just fine. A few incidents isn't going to change the greater trend.<br /><br />To the anons trying to say otherwise you are just going to have to get over it. A couple of comments on this blog isn't going to change anything. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8835710.post-28119077311270370512017-03-19T23:09:25.585-04:002017-03-19T23:09:25.585-04:00the city is slowly getting better. It takes time. ...the city is slowly getting better. It takes time. If you bought your house in the next 8 years, hold on to it. Market might slow but will not collapse. Slowly, the ratchet will disappear. Go Trinidad! Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8835710.post-24749250771126136452017-03-19T11:28:16.314-04:002017-03-19T11:28:16.314-04:00Sorta wondering why it is the Mayor's fault th...Sorta wondering why it is the Mayor's fault that crime is up... She certainly has supported the police. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8835710.post-33103223470737163712017-03-19T09:03:02.330-04:002017-03-19T09:03:02.330-04:00^ Theres no bubble in sight at the moment. Just lo...^ Theres no bubble in sight at the moment. Just look at the statistics...Job growth (we will wait and see the Trump gov effect), Population growth, negative supply, record demand, low interest rates, etc. All of these factors would need to adjust.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8835710.post-4507012049792851192017-03-19T07:11:52.422-04:002017-03-19T07:11:52.422-04:008:16: The people who just bought houses are unlike...8:16: The people who just bought houses are unlikely to be selling in the next few years unless they're flipping. Folks who plan to actually live in their homes can and will ride out burst bubbles as we all do. Feel bad for the people who were planning to sell soon and will probably have to wait a couple years for this to pass.Edwina Francishttps://www.blogger.com/profile/17004006698738544592noreply@blogger.comtag:blogger.com,1999:blog-8835710.post-15057938638976393782017-03-18T20:16:54.543-04:002017-03-18T20:16:54.543-04:00Crime is only certain to get worse as the economy ...Crime is only certain to get worse as the economy of the area begins to slow as home prices are certain to drop. I'm glad I was able to sell my home this yeah in Trinidad for twice what I paid ($750,000) when the market collapsed in 2008 ($350,000). Im now safely out of the real estate market bubble that is about to burst. Feel bad for the ducks that bought this year or last. The flood is coming and you'll soon be underwater. I mean though realistically who would think a 2000 sq ft house with no land and no parking is worth 3/4 of a cool mil.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8835710.post-19669936648871629492017-03-18T13:43:51.874-04:002017-03-18T13:43:51.874-04:00There has been a solid uptick in crime this year a...There has been a solid uptick in crime this year and that's following last year. I blame the mayorAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8835710.post-37362807860081708642017-03-18T10:56:03.375-04:002017-03-18T10:56:03.375-04:00Is that you Trump?Is that you Trump?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8835710.post-33040002084532965532017-03-17T15:51:43.027-04:002017-03-17T15:51:43.027-04:00When you take those tours make sure off the street...When you take those tours make sure off the streets by sundown. The neighborhood is pretty *scary* after dark.Anonymousnoreply@blogger.com