Get your jokes about anti-climaxes ready. The Dumbarton Street house where DSK and his wife lived while he was head of the IMF started out with an optimistic price tag of $5.2M. Today we heard that it had come down to $4.7M after about two and a half months of being officially on the market. The new price is still $700,000 more than they paid for it in 2007, but a half a million price drop after two months? Can you say motivated sellers?
· Listing: 2613 Dumbarton St [WFP/Homesdatabase]
· Dominique Strauss-Kahn Lists Georgetown Home, Sees Optimism In DC Housing Market [CDC]