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Reply to "What is stopping NoVA from reaching SV level prices?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Because it's in Virginia, not California. A lot of people around the county have negative preconceptions about the state, and it doesn't help when there keep being major news stories about Charlottesville, Northam, etc.[/quote] Nobody gives a sh!t about that. If that were the case then Maryland would be able to keep up and blow past NOVA, but they can't. For instance: MoCO median home price 449k up 0.6% in the last year. Projected to go down 1.3% in the next year. Fairfax County median home price 523k, up 1.7% in the last year and projected to be UP (not down like MoCo) 0.3% Even loudoun county (lots of tech workers) blows MoCo out of the water in home value and way our paces fairfax county in appreciation rate in the last year and projected appreciation rate in the next year. That va county in the hinterlands will have more value than homes closer in because there are high paying tech jobs all along the Dulles corridor and more being built every day. Maryland not so much even though according to you there are "negative preconceptions " . [/quote] This is a NoVA vs. SV thread. Maryland isn't at all relevant here. But there are plenty of other VA vs. MD threads out there for you.[/quote]
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