[RP TownTalk] Condos

[JayRite at aol.com]

Thanks for the article Bruce, 
 
But I will tell you from first hand that although the condo market in the  DC 
Metro area has leveled from what it was 2 years ago, I wouldn't say  that 
they are declining. Developers are not able to sell the units for the ever  
soaring prices that they WERE going for. But sales are still happening  at a more 
affordable rate for buyers. I can tell you that at PNHoffman, we  are still 
selling units, and still planning future projects. And being one of  the largest 
and most successful condominium development firms in the DC Metro  Area, I can 
tell you that the market has certainly cooled, but far from being  
"collapsed" as stated in the Newsmax article. 
 
Jay Wright
Queensbury Rd.
 
Assistant Vice President of Construction
PN Hoffman Development/Construction
_www.pnhoffman.com_ (http://www.pnhoffman.com)  
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