What trends am I watching for in residential real estate? Actually, it is what’s going on in commercial real estate.
Here in DC we have the third densest office building district in the country.
The District of Columbia depends upon these buildings for tax dollars but so many office employees want to telework.
I am watching for what happens after some of these office buildings start defaulting on their loans.
We could be looking at another condo boom as downtown DC diversifies from only office to more residential, and retail uses around the White House. I think it will be very cool.
Matt Cheney
Washington Fine Properties
M: 202-465-0707