Reply to Prices dropping in MoCo???

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Reply to "Prices dropping in MoCo???"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]https://www.brightmls.com/article/greater-dc-area-weekly-housing-market-update

Seems like prices are dropping …[/quote]

Look at the guidance …not a good picture. And MoCo prices up .1% over last year, but annual inflation at 2.7%.[/quote]

Still not nearly as bad as Arlington, Fairfax or Alexandria. List prices in Arlington are down 30%!!! YOY.[/quote]

People are still having bidding wars over houses in my neighborhood in Ffx co. Some people just live in more desirable areas than others. [/quote]
so back in 1992 DH and I, newly married, were deciding which side of the Potomac to live on, I worked in MoCo, he in Reston.
We chose MoCo even though it was more expensive because schools were so much better then. ( Not necessarily the case anymore.)

30+ years later, I can see the better real estate investment would have been NoVa.  While their home prices about tripled in those years, ours just doubled.
DH likes to remind me of this, lol. But I tell him, fine, because of job locations he would have then had to deal with sick kids at school....whatever, it is what it is.

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