It’s official: Northern Virginia has felt the Amazon effect. A year ago, Amazon (AMZN) announced its plans to build a pair of new headquarters as part of its so-called “HQ2” project: One in New York City, and another in Virginia. In Virginia, home prices remain seriously elevated, while in New York prices have fallen since Amazon backed out of its plans for a large campus there. Read More...
One year after Amazon’s HQ2 announcement, here’s what happened to house prices in Northern Virginia
It’s official: Northern Virginia has felt the Amazon effect. A year ago, Amazon (AMZN) announced its plans to build a pair of new headquarters as part of its so-called “HQ2” project: One in New York City, and another in Virginia. In Virginia, home prices remain seriously elevated, while in New York prices have fallen since Amazon backed out of its plans for a large campus there.
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