Community Corner
That's A Lot of Bricks! New Home Demand to Surge in Fairfax County
George Mason University report states Fairfax County needs mass production of housing units over the next two decades.
Unlike most of the country, Washington DC has flourished with job growth during turbulent economic times.
According to a WTOP Radio report, the DC area will have an influx of over 800,000 jobs spanning the next 20 years. This is not only a huge win for the district, but for Northern Virginia, which will gain half of these new jobs, including 134,000 for Fairfax County.
While the addition of new jobs in Fairfax County is good news for members of the community, the scarcity of housing isn't.
Fairfax County, compared to other Northern Virginia counties, has the greatest need for more housing.
The George Mason University Center for Regional Analysis reports that Fairfax County has to build 85,000 new housing units, an average of 81 new homes per week over a 20-year period.
Analyst believe single-family homes in Fairfax County ranging from $400,000 to $600,000 will be a hot commodity among working professionals.
Read more of the WTOP Radio here.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
