Get me into Dupont and Logan Circle!

Buyers may be skittish but they still want to buy. So they are asking about areas with a good history of established values. My response: Logan Circle and Dupont. But when they see that prices have not budged that much they are shocked. Ok at the same time, the best areas of town to “get in” and own/invest while the market is down are areas that are still re/developing. Then they say—I don’t want that much risk and wait for development. But to keep square foot cost down you usually need to carry more risk and wait more. So….what if I found you a great little piece of equity in Logan at below the average cost/square ft. numbers? Would you look at it? I’m sure you would even be more interested in it if you knew it was one block from there to Whole Foods, Caribou Coffee, CVS, Logan Tavern etc. and 5 blocks to the metro.  (psst!  So here is the little secret: 1317 Rhode Island Ave NW at the historic Rockingham)