Schar School Stat: Existing Home Sales in May 2018

This content ran in the Washington Business Journal in the June 15, 2018 edition.  Between May 2017 and May 2018, the number of existing home sales in the Washington region increased 1.1 percent, marking the second consecutive year-over-year increase. Of the 24 jurisdictions, 13 had gains. Percentage growth was led by Fredericksburg City, VA (+27.6%), Fairfax City,

Herndon’s high hopes: How the Virginia town is prepping for Metro

From The Washington Business Journal (subscription required): Barbara Glakas can tell you about the days when Herndon was home to a thriving industry of family dairy farms. From the McNair family’s land to Frying Pan Farm Park, acres upon acres of dairy farms blanketed the 4.2-square-mile town and the surrounding area. And local farmers tending those

Change in the Washington Region’s Labor Force: April 2017 – April 2018

In the Washington region overall, both the number of employed and unemployed residents in 2018 have changed at rates that were consistent with their 2016 and 2017 trends. However, the sub-state trends have shifted. Suburban Maryland had more unemployed residents and fewer employed residents compared to April 2017. By contrast, Northern Virginia and the District had fewer unemployed residents and more employed residents compared to last April. Altogether, this suggests that the population and workforce living in Suburban Maryland are responding to different factors than residents in the rest of the region.

Will Amazon Save the Swamp?

From Attom Data Solution, Housing Report, May 2018, Vol. 12 Issue 5 By Joel Cone The nation’s capital is eagerly awaiting the selection of a candidate that could dramatically shift its fortunes in 2019 and beyond. Many in the region are hoping that one of three candidates located in the District of Columbia and its surrounding counties will