Reply to Will Montgomery County ever recover?

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Reply to "Will Montgomery County ever recover?"

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[quote=Anonymous][quote=Anonymous]Just looking at the appreciation forecasts for Arlington and Fairfax and feeling very depressed. If you had told me 15 years ago that houses would be selling for over 1M in Falls Church I would have never believed it. Our decision to move to Montgomery County over Falls Church or Arlington has probably cost us 600K-800K in lost opportunity equity. We were really on the fence at the time but thought that there was more room for appreciation in Montgomery County.

Is there any chance that things will flip around or will Montgomery County be stagnant or dropping for another 10 years?[/quote]

Not likely. School situation seems to be going down and Amazon is there to stay. Those who are stuck in MoCo will stay for a while till kids will be done and they probably move to Fairfax. New people take a very careful look where to settle and they are not choosing MoCo that is for sure.
If you watch some areas of MoCo for a while you would see easily that more and more homes come up on the market  more then ever before. 
Why? Why so many more people would be putting homes for sale and why homes sit longer? Do you know why? [/quote]

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