"I think we will see some big numbers transact again starting around January," says Michael Rankin, reflecting the anticipated luxury market surge in D.C. as new administration figures move in.
"We were calling all our clients and saying, 'Hey, do you want to sell your $9 million house?'" Maxwell Rabin recalls the flurry of high-priced sales during Trump's first term.
Brokers expect continued luxury demand, with agents under NDAs unable to disclose specific high-profile buyers browsing post-election, but indicating a pattern of multimillion dollar transactions.
"It's a more palatial atmosphere in Kalorama compared to Georgetown," noted Washington hostess Sally Quinn, underscoring the desirable neighborhoods for the wealthy.
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