Sunday, November 22, 2009
Moving East...
According to this recent article at UrbanTurf, a DC real estate blog, buyers are now looking to Eckington among others as they get priced out of Columbia Heights, Adams Morgan and the Dupont Circle areas. However, as one of the comments notes, this article actually may be a little behind the curve as it appears that values in LeDroit Park and Bloomingdale are already marching upward. There are a bunch of great properties around here that are great family homes now and could use some sprucing up around the edges. I am sure others could use complete refurbishment inside. Anyway, if I had the income and was looking to stay in this area for the long term, this is probably one of the areas of the city I would look to invest in along with Congress Heights and Anacostia. Whether you're walking, biking, using public transit or driving, Eckington is easily one of the best situated neighborhoods in the city.
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You better end up in Congress Heights! lol
ReplyDeleteI'd a friend checking out Eckington about a decade ago for investment property, but opted not to follow through with his instincts (and my suggestions). He ended up buying a condo in Reston (yep, Reston) instead. He now regrets the move, and I chastise him accordingly.
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