Archive for Archive for January, 2010

Park Potomac Place-Luxury Highrise Garage Condo Living!

  Yesterday my wife and I previewed the condos at Park Potomac Place. Prices range from $682,900 to $1,121,900 with condo fees starting at $690.00 to $951.00 a month. Park Potomac Place has easy access to Montrose Road, I-270 and the area’s many main thoroughfares. It is also convenient to fine dining, anchored by a […]

Posted by: najirashid on Wednesday, January 27th, 2010

The Luxury Residential Market Could Feel the Strain if the Commercial Market Collapse in 2010

On 1/11/2010, DS News ran an article on the expected collapse of the commercial real estate market in 2010. Here are some excerpts: According to the Emerging Trends in Real Estate 2010 report, issued by the Urban Land Institute and PricewaterhouseCoopers, most investors will recognize massive losses in the commercial real estate market. Value declines […]

Posted by: najirashid on Thursday, January 14th, 2010

Questions You Need To Ask When You Buy A Condo!

Before you buy a condo you should get the answers to the following questions from the Condo Association. In the process, you’ll learn how responsive-and organized- its members are. You’ll also be alerted to potential problems with the property. 1. What percentage of units is owner-occupied? What percentage is tenant-occupied? Generally, the higher the percentage […]

Posted by: najirashid on Wednesday, January 6th, 2010