Waterfront Tower is Big News in Southwest D.C.

“There’s good news on the housing front….one place business is booming is at Waterfront Tower in SW DC,” says a new video on Fox News 5.

Marc Duber of the Bernstein Companies, the developer of Waterfront Tower, was quoted on the Fox Channel 5 News as saying that these New Condominiums in Southwest DC have been selling at a record pace due in part to the Federal housing tax credit, as well as to the fact that so many new amenities and services have opened in the immediate area, including Safeway and the new Arena Stage theatre.

And it doesn’t hurt that the Waterfront Tower building is historic—designed by world-renowned architect I.M. Pei, and now redesigned with the perfect Southwest lifestyle in mind. “There’s a lot of exciting things going on,” said Duber.

With prices starting in the low $200s, and with an $8,000 tax credit, many buyers at Waterfront Tower have had their down payments covered by the credit. And remember, the tax credit isn't limited to just first time homebuyers—longtime homeowners can get a $6,500 tax credit as well. But you must act soon—the credit expires on FRIDAY, APRIL 30^TH, 2010.