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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If you choose to buy a home in Bowie (or many other parts of PG County for that matter), I think you need to do it with your eyes open to the fact that it likely will not appreciate anywhere near as fast as homes in other parts of the DC area.  This may not be a problem if you only pay $200K for a home there, but if you buy a new build luxury home, its unlikely to appreciate quickly, or it may lose value.  The Washington Post ran a series of articles about this about a year ago http://www.washingtonpost.com/sf/investigative/2015/01/24/the-american-dream-shatters-in-prince-georges-county/.  
[/quote]

So you are using 18 month old information about the housing market to advise people?  January 2015?  In real estate, that can be an eternity for trends.

How about looking at some info, also from the Washington Post, from 2016?
[url]https://www.washingtonpost.com/news/where-we-live/wp/2016/04/11/where-home-prices-in-the-d-c-region-are-likely-headed-in-the-coming-months/[/url]
[quote=Washington Post April 11, 2016]
The median price of homes sold in the D.C. region last month slipped to $399,000, a $1,000 dip from March 2015. The median price has not risen year-over-year in the past six months.

M[b]edian prices were slightly higher[/b] in Loudoun County ($440,000 last month from $420,000 in March 2015), Prince William County ($325,000 from $311,062) and [b]Prince George’s County ($234,900 from $224,900).
[/b]
[b]Median prices slid[/b] in Alexandria ($459,500 last month from $494,900 in March 2015), Arlington County ($542,000 from $570,000) and [b]Montgomery County ($385,000 from $397,450).[/b]

Median prices were essentially flat in the District ($505,511 last month from $500,000 in March 2015), Fairfax County ($460,000 from $461,000), Howard County ($373,000 from $365,162), Anne Arundel County ($300,000 from $299,450) and Frederick County, Md., ($260,000 from $260,500).
[/quote]

So, by your argument, you should buy in PG County because median home prices rose $10K or 0.4% over the 12 months from March 2015 to March 2016.  And you should not buy in Montgomery County because home prices dropped $12K or 0.3% over that same 12 month period.

Then in July of 2016 was this report:
[url]https://www.washingtonpost.com/news/where-we-live/wp/2016/07/13/median-price-of-a-home-in-d-c-region-soars-to-record-high/[/url]
[quote]Most but not all jurisdictions saw price increases.

[b]The largest median-price gains came in Maryland’s Prince George’s[/b], Anne Arundel and Frederick counties and Virginia’s Arlington, Prince William and Fairfax counties. [b]Prince George’s County’s median price rose to $260,000 last month from $240,000 in June 2015. [/b]Frederick County’s median price jumped to $295,000 from $275,000. Arlington County’s median price rose to $623,500 from $597,450. Anne Arundel County’s median price climbed to $337,000 from $322,000. Prince William County’s median price went to $347,000 from $334,700. Fairfax County’s median price increased to $515,000 from $495,900. Falls Church’s median price spiked to $737,500 from $568,500, but that was based on only 26 sales.

[b]Montgomery County,[/b] the District and Loudoun County [b]had more modest increases. Montgomery County’s median price grew to $435,000 from $425,000.[/b] The District’s median price went to $560,000 from $550,000. Loudoun County’s median price moved to $445,000 from $441,750.[/quote]

Again, PG County home values increased more than Montgomery County home prices.

If you extrapolate from March 2015-June 2015, PG County prices increased from $224,900 to $260,000; an increase of 15.6%.  Over the same period, Montgomery County prices rose from $397,450 to $435, a 9.4% increase.  PG County prices have been rising more than other areas of our region for a while now.

[b]Your claims of poor house value are really out-of-date[/b].[/quote]

I think this is a big stretch.  The article I quoted looked at historical appreciation over time. You are quoting figures that show appreciation over a 12 month period.  A short period of appreciation is no guarantee of appreciation in long term.  Anyone buying a house needs to be thinking about gains in the long term, not the short term.   [/quote]

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