Curbed Washington DC recently posted an update on the impact Amazon HQ2 is having on the real estate market.
"From June 2018 to June 2019, the median asking price for a single-family home in ZIP code 22202, home to Amazon’s planned Northern Virginia headquarters, skyrocketed a whopping 99.9 percent—essentially doubling over that period—according to a new report from listings service Bright MLS. Last month, that price was $1,599,000, reflecting a premium in the area immediately around the “HQ2” site—dubbed “National Landing” by developers and officials." Read the full article here.
The impact on the housing market has been profound from the first moment Amazon made the announcement to open HQ2. If you are considering downsizing, the trends on home prices are great news for you! If you're considering purchasing a home, you will need to move quickly. Either way, you'll need an expert to help guide you through the process to ensure you get the best outcome possible. So what are you waiting for? Click here to get the conversation started - I'm looking forward to helping you find your place in the world!