At Turner Construction's market forecast breakfast last week (featuring Steve Fuller, UrbanPace prez Lynn Hackney, and First Potomac's Nick Smith), the strength of the condo market was a hot topic. Lynn says mortgage payments on a $350k condo are as much as $500 less than rent on a Class-A apartment in the area. On the panel, Nick further emphasized First Potomac's focus on developing and owning near Metro, because, quite simply, "that's where young workers want to be."
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