From the DC Examiner:
WASHINGTON – The housing market crash many feared would wreak havoc on the Washington area economy never materialized and the worst of the market ‘correction’ appears to be over, said real estate industry experts Thursday.
Are we out of the woods yet? There is such a glut of condos on the market, popping up all over Columbia Heights, Gallery Place, down Mass Ave, and around the new stadium. I’d like to buy a place, but I don’t want to pay $500k for something that could easily lose 10% in 2 years.