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Wednesday, July 29, 2009

Wall Street Journal highlights Alexandria & Fairfax

In the Washington, D.C., area, government-related employment has held up and helped revive housing demand, says Jody Kahn, an analyst at John Burns Real Estate Consulting, a research firm. “Good locations in Alexandria and Fairfax [Va.] are seeing some emerging price stability and even small increases,” Ms. Kahn says, and Maryland’s Montgomery County “is showing price stability.” More remote suburbs will take longer to recover, she says.


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