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    Real estate across the DMV sees major shifts with key developments

    By Shennekia Grimshaw,

    7 hours ago

    https://img.particlenews.com/image.php?url=0dmBcy_0vLoWo2R00

    WASHINGTON ( DC News Now ) — The real estate landscape in the DMV region is rapidly evolving, with significant projects reshaping both commercial and residential markets. Real estate expert Brian Coester , CEO of Real Estate Connection, highlighted key developments impacting the area.

    Amazon’s aggressive expansion in Northern Virginia has had a major influence on both commercial and residential sectors, driving up property demand and prices. Meanwhile, the FBI’s relocation to Greenbelt is expected to boost the economy in Prince George’s County, enhancing the local housing market and attracting new businesses, according to Coester.

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    Montgomery County remains a beacon of stability in the region, with strong real estate performance driven by its well-established infrastructure, schools, and proximity to D.C.

    In a bid to attract residents, Cumberland is offering $20,000 incentives, positioning itself as an appealing option for homebuyers looking for affordability in a quieter setting.

    These large-scale projects are increasing overall housing demand across the DMV, with real estate experts expecting continued growth in both suburban and urban markets.

    Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

    For the latest news, weather, sports, and streaming video, head to DC News Now | Washington, DC.

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