I’ve been meaning to post this for three weeks now. According Builder Online and a report by Hanley Wood Market Intelligence, the Washington DC metro area is the 3rd healthiest housing market in the country. It is also one of few major markets to record an increase of new home sales this year.

According to the Builder Online article, and market researcher Dan Fulton, Northern Virginia doesn’t have enough housing. The researcher believes that eventhough prices fell in 2008 and 2009, they won’t be declining any further.

I think most of us experience stability and increases within the beltway and I have personally seen stability and price increases in some areas even beyond the beltway.

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