Even the neighbors love us:
Even the neighbors love us:
Here’s Paramounts World-Class architect, on-site, live and off the cuff:
According to BuilderOnline.com, Washington D.C. made the top ten healthiest housing markets for 2009. Washington D.C. actually ranked number 6.
Here is what was written about the Washington DC housing market:
Washington D.C. showed signs last summer that it might be emerging from the downturn, then it turned south again. Even so, the area produces a ton of jobs—an estimated 35,000 in the last year—that fuel a vibrant housing market, the 11th largest in the country. Many of the jobs stem from contracts with the federal government. Washington D.C. remains a relatively unaffordable place to live, with a median home price of $332,700 in the third quarter of last year.
One prime reason the of the ranking is that the population in Washington DC area has grown around one percent each year for the past five years.
The home building patterns have changed as well. Many families moving to the area are demanding to be inside or immediately outside the capital beltway because the traffic is one in the nation’s worst. I live inside the beltway and I can get any where I need to go — from Washington D.C. and the Virginia and the Maryland suburbs in 20 to 30 minutes. And if I travel during off-rush house times, it may be 10 to 15 minutes.
We are even working with new home building clients that are moving down to inside the beltway from Gaithersburg, Md., Culpepper, Va., and Frederick, Md.
The BuilderOnline section is courtesy of: Hanley Wood Market Intelligence.
Anyone read the article in the Washington Post about Case Design Build?
I think they are wrong about the housing market in the DC area.
May I suggest an article idea?
We are home builders and architects and we have more business than we have had in two years.
There are many owners that realize that rates are low and construction costs are flat, and that real estate is a long term investment, not something that bounces daily like the stock market.
We are selectively pursuing many home building opportunities in this market place. This is a great time to be building as a builder because we are taking advantage of the cost of construction to maintain our profit margins and pass on the greatest value to clients since the late 1980’s and the early 1990’s (the last recession). This is a great time to build homes.
Washington DC real estate and home real estate in particular, is the best real estate on earth.
Tell me what you think?