Tightening housing stock continues to drive people out of Greater Washington

From The Washington Business Journal (Subscription required): Laura Pacheco’s search for a new home in Northern Virginia began with high hopes and a $650,000 budget. It ended in frustration and a blueprint to build anew in a small Maryland community more than an hour’s drive away from the District. Pacheco, who now lives in Springfield with

Balancing Amazon HQ Incentives and Benefits

From NBC Washington (link to full story and video): While cities across the U.S. clamor to land Amazon’s second headquarters, one group says it doesn’t want the retail giant moving into Northern Virginia. The Metro DC Chapter of the Democratic Socialists of America has launched the site NOVA Says No To Amazon and says local leaders are being

The Washington region’s population is growing. But a key component is still in decline.

From The Washington Business Journal (Subscription required): Greater Washington’s population may be growing, but it continues to see a net loss of a key demographic — people who already live here. While the region added 65,910 residents in 2017, it came entirely from births and international immigration, according to data from the U.S. Census Bureau and

Schar School Stat: Existing Home Sales

This piece ran in the Washington Business Journal in the March 23, 2018 edition. The graphic was prepared by the Washington Business Journal using data supplied by the Institute. Between February 2017 and February 2018, the number of existing home sales in the Washington region decreased 0.3 percent (14 sales). This is the third consecutive year-over-year decrease,

The Washington Region’s Economy Slowed in 2017

From The Washington Post via The Standard-Examiner: The Washington area’s job market appears to be pumping its brakes, newly released employment numbers suggest, as last year’s federal budget uncertainty, two brief government shutdowns and turmoil within some agencies made life difficult for federal contractors. The region added 43,800 jobs during the one-year period that ended in