Reply to Market is changing in favor of buyers in N. Virginia

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I heard NoVa is going fast at above list, but DC and MD are going below asking and taking a little longer to sell. So if you want a bargain, go to DC/MD. [/quote]

Maryland is in a population decline as is Montgomery county so it makes sense demand would be lower.

Depending on what they do with their budget gap may be the nail in the coffin.  They are already one of the highest taxed states, if they raise taxes again expect home prices to not move in a positive direction.

https://www.thesentinel.com/communities/montgomery-county-s-population-decline-raises-concerns-for-future/article_c8589c09-2b14-4d3c-9a8e-7f740d95a447.html
[/quote]

Arlington is in serious decline now also. Companies are no longer locating there (they’re going to Florida and Texas instead) and they just raised property and car taxes. Amazon will never build that shiny new building that was promised either. The continuing decline of commercial real estate revenue means that many more tax hikes are ahead especially with Arlington having a serious spending problem. [/quote]

Why does Arlington get sooo much free advertising on here?

It is TINY.  It is part of DC Virginia took back pre civil war.

Trump may very well make Arlington part of DC again.  Crushing property value.

Sure, if Arlington stays part of Virginia it is most valuable close in suburb to dc.

If it becomes part of dc again Arlington owners are out 33% immediately.[/quote]
According to Google AI the price per square foot in Arlington is identical to DC.[/quote]

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