This is latest Washington DC Housing Market Economic report which was presented in September 2017 by key economists, Dr. Lawrence Yun & Dr. Terry Clower, and head of areawide Northern Virginia Transportation Chairman Martin Nohe.
Because of low unemployment, prosperity, continual job growth and all the night life and activities to do in DC, Forbes has labeled Washington DC as the Coolest city in the USA. This coupled by the highest average income of any city in the US are some of the main reasons why the Greater DC area real estate market has continued to progress despite government cutbacks that highly impact the area.
To see year over year real estate sales click here to see the Historical Sales figures for Northern Virginia. The local economy boom, coupled with low interest rates, have improved sales dramatically, hence a very good time to list your property with me!