Rise in DC population outpaces other regions

In an article by Carol Morello, in the Washington Post, it is noted that our DC region has lost fewer jobs, and has had a greater surge in population than other metropolitan regions of the US. "It's got to be people moving here for jobs," said John McClain, deputy director of the Center for Regional Analysis at George Mason University. "We are the healthiest economy of the whole country, in terms of how we have fared during the recession, relative to jobs." DC has an increase of 5% over the previous decade.

These are good signs for our real estate market, and should be percolating into Georgetown real estate as it progresses.

To read the entire article: http://www.washingtonpost.com/wp-dyn/content/article/2010/03/23/AR2010032301808.html?referrer=emailarticle

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