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RealShare EXCLUSIVE: Optimism Outweighs Fears for DC Market Players

WASHINGTON, DC-From dirty bombs to hiking interest rates, the fears are out there. But the overall tone of yesterday's RealShare Washington, DC was ultimately cautious optimism.

By Barbra Murray | Updated on March 04, 2005

(Next up on the national road show: RealShare Philadelphia, March 9 at the Marriott Philadelphia Downtown.)

WASHINGTON, DC-At the close of yesterday’s RealShare Washington, DC, the roughly 500 local industry attendees walked away with a thorough assessment of the state and future of the local market. Sponsored by Real Estate Media Inc.–the New York City-based publisher of GlobeSt.com and Real Estate Forum–this local stop on the national traveling RealShare road show touched on a variety of critical issues, for Washington, DC, Northern Virginia and Suburban Maryland. But all basically reached the same conclusion: the Metropolitan Washington, DC region is hot and there’s no tangible end in sight.

The day kicked off with opening remarks by Real Estate Media editor-in-chief Michael G. Desiato, followed by the Town Hall Meeting. Advantis/GVA president and CEO Petch Gibbons moderated the panel that included: Opus East LLC president and COO Jim Lee; Douglas Development president Doug Jemal; Monument Realty principal Jeff Neal; and Transwestern Commercial Services senior managing director Clifford Mendelson.

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