Turnover part 1

This was originally posted in 2009. I am revisiting some older posts and reposting them with commentary. This is just a test run.

Re-reading this I see that I did not understand some quirks of real estate, such as when you wind up transferring a property to yourself. This happened to me when I finally got my spouse on the deed. For some odd reason I had to transfer it to myself too.

Simply said, there is turn over. There was plenty of owner turnover, or it appeared so, in the wild years of early gentrification between 1999 and 2009.

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This was stolen off of the DC government’s DC Atlas website and what it shows are houses sold between Jan 1, 1999 and yesterday (Nov 17, 2009). More accurately it shows houses sold for more than $1 and below a billion. I had to throw that in when it showed every house with a red star and I discovered the database had some quirky dates of homes being bought by their longtime owners for 0.00, and had to find a way to exclude that misinformation.
Each red star represents a property sale, that’s it. However, one can make guesses that a majority of those sales resulted in some turn over.