Real Estate Agents on Crack again

There is a house at 1611 New Jersey Avenue for sale for, get this, $798,000. Crack, crack, PCP with an LSD chaser Crack is what the Realtors are smoking. And they must be giving it to their buyers. Yeah, it has 3 bedrooms and 2 baths, and I’m quite sure they are big and everything, but $800K? I know this place has no parking. For $800 grand you should have parking and your own personal crack ho. For less you can get a 5 bedroom 4 bath at 34 Quincy for less than $500K, or at $500K 69 Florida Ave. With the extra $300K you could buy an extra condo or for a tad more 1647 New Jersey Ave (a 2 bedroom 1 bath) for $310K.
Please stop the maddness, just say no to the real estate crack.
2 anon comments are 2 too many

2 thoughts on “Real Estate Agents on Crack again”

  1. Good point. The real estate madness will end only when buyers say “Are you for real?” about the outrageous prices. Because the fact is, the value of real estate is whatever someone is willing to pay for it. But despite the high educational levels of many DC residents, they are really just plain old suckers.
    Also, the asking price for a home/building is just that – an asking price. It’s meant to be haggled over.
    It’s not meant to be a price tag a la Crate and Barrel.
    BTW, I’m a white guy and I read your site often. The same madness has been going on in Mount Pleasant for a while. And it’s a lousy neighborhood in my opinion.

  2. I think the realtors and the buyers are not only on crack, but on crack, meth, ecstasy, speed, DXM, GHB, and PCP at the same time. $800K to live on NJ Ave in DC!! HA HA ! What a joke!
    I could buy the most beautiful penthouse condominium in downtown Montreal, two call girls, and an ounce of coke for half the price!!

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