Maryland and Virginia Real Estate Markets Show Promise
Last week, I started looking into the Washington, DC Metropolitan Statistical Area (MSA), which consists of the District of Columbia, Northern Virginia and parts of Maryland. Given the growth in the federal budget over the last few years, I wasn’t surprised to see that the DC MSA was “the most educated and affluent metropolitan area in the United States,” according to Wikipedia.
The District of Columbia itself has made great strides in recent years, including greatly reducing the rate of violent crime. You may recall that it was known as America’s murder capital during the crack-filled 1990s. However, the city’s unemployment rate is actually fairly high, at 11.1%……..Click Here to Read More at www.BiggerPockets.com