Wall Street Journal: Northern Virginia Home Prices Near Bottom
The Wall Street Journal's Developments blog took a look at real estate in the DC metropolitan region this weekend and highlighted a few notable trends. The first is that certain markets in Northern Virginia may be nearing the bottom of their precipitous three-year decline. Article author Thomas Lawler, a 22-year veteran of Fannie Mae, points to dramatically increased sales in Prince William County as evidence: PWC saw the number of home sales double in January 2009 versus January 2008. More of Lawler's findings after the jump.