Reply to Will Montgomery County ever recover?

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[quote=Anonymous]Back to OP's original question. The same principles that apply to developing vs. developed economies apply here. More mature housing markets, while still holding their value and appreciating over the years, will nevertheless appreciate more slowly than less mature housing markets that are experiencing a boom for whatever reason.

In the case of Falls Church, and particularly the areas bordering on Mclean (i.e., Pimmit Hills and the like), I think it has long been overlooked in terms of its proximity to Tysons and ease of access to the Dulles corridor, both of which have an abundant number of employers. I've been driving through these neighborhoods more recently and am astounded by the level of development. The single story ramblers are being torn down and replaced with brand new modern craftsmen homes everywhere you look. Of course, the schools have some catching up to do, but it's not like they're 4's on the GS ratings. Solid 7's across the board depending on exactly where you're looking. I would think it will only get better as more money and tax dollars flood in.

As with everything in life, you have to find the balance that works for your family. If that's trading a 9 or 10 public school in well-established MOCO for a 7 public school with a brand new house that's $200k cheaper, well, that's a decision we all have to make to live in the pricy DC suburbs.[/quote]

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