Is there such a thing as too affordable? As Ward 8 condo values plummet, homeowners are getting trapped by the inability to sell or refinance their homes. Described as "an investor's dream" by Columbia Heights on the Rise, many condos sold in 2007 and 2008 had listing prices that were three or six times what they are now. Some of the challenges facing Ward 8 include a lack of retail, amenities, and transportation. [CHOTR]
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