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Reply to "Market is changing in favor of buyers in N. Virginia"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I've been looking closely at the Moco market and it seems the market has frozen in the last few weeks. It sent from hot to frozen in really a matter of 3 weeks. I don't see how this could be a Moco trend, so i'm betting you will start seeing this in Nova now/soon. [/quote] I don’t think so. Nova suburbs are hot right now and I think it’ll continue to outpace Montgomery and DC. I’m watching the market closely as we are selling our house soon and I’ve been watching trends since last August. Vienna is $$ right now and even areas like Waynewood and fort hunt.[/quote] You might be right but I think the Moco trend is in response to macro changes, not anything specific that happened in moco in the last few weeks, so I would predict Nova to soften even if not to the same extent as MD. Interest rates are expected to keep climbing. [/quote]
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