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New Kind of Real Estate Market

A NEW KIND OF REAL ESTATE MARKET
 
 
Historically this area has seen rapid growth and escalating prices as families looked to move further away from Northern Virginia in search of more value for their money and better quality of life.
 
Those days are over and will probably not return for a very long time!
 
WHY?
 
  • Gas prices will likely remain high.
  • Home prices are not low enough to make the extra fuel/time costs attractive.
  • Traffic congestion will likely only get worse.
  • There are unlikely to be any mass transit alternatives available from this area any time soon.
 
SO WE NEED TO CREATE OUR OWN HEALTHY REAL ESTATE MARKET!
 
  • No more overbuilding!
 
  • Any new construction that gets approved should reflect future demographic/housing trends.
 
  • New construction needs to be developed with a view to the larger community, not just that subdivision.
 
  • Education (at all levels) must be a top priority.
 
  • We need to attract employers who will employ highly skilled/highly paid individuals.
 
  • We need to be a destination in our own right, not simply an “outer suburb”.
 
  • We need to look to other regional centers of growth and opportunity and foster mutual cooperation with those centers. (Culpeper – Charlottesville, for example)
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