Mark Wellborn takes a look at Columbia Heights….“The arrival of the shopping and retail sector really resulted in a boom in the condo market,” area broker Tony Hain told UrbanTurf. “However, basically all of the condos have converted to apartments because of what has been going on in the market.”
Hain noted that there was a run-up in prices in 2005 and 2006 because people were willing to pay a premium to live close to the new shopping center. By the time that DCUSA opened in 2008, the market had softened a little bit…click here for full story.
