I attended the 23rd annual economic conference By George Mason University and Cardinal Bank at the Tysons Corner Ritz Carlton today. Attendance was at an all time high and the presentation was excellent.
Lisa Sturtevant, PHD spoke in the early morning. She is the Vice President of Research for the National Housing Conference.
Her presentation involved many information charts on the housing market. Understanding the history of the DC Housing Market is crucial to understanding the long term direction of real estate.
The presentation can be found here.
It is well worth and reading. The general trend for the DC housing market is for the construction of less expensive housing preferably located closer to jobs and urban life.
If you would like to buy or sell a home, call me today. I would love to sit down with you and develop a strategy for your home sale/purchase.