On the Move: Families are moving away from the DC region. It’s especially true in Loudoun Co.

in-article-vertical-video float right padding-left px width px fundamental media only screen and max-width px in-article-vertical-video float none padding-left px in-article-vertical-video connatix video caption width px key tnvbNcaMHUrl margin-bottom px padding px px background D text-align center font-weight bold color fff border-radius px connatix video caption margin-bottom px margin-top font-size px color font-weight text-align left display none This page contains a video which is being blocked by your ad blocker In order to view the video you must disable your ad blocker new Image src https capi connatix com tr si token be c -c - acb-af - a ccca cid c ffed c- - c -b f- c d a cnx cmd push function cnx playerId bc b - b- e d-b b - e mediaId a cc - f- - ae-cf e e f bc render b caea df b bff e eb function renderError playerApi if renderError playerApi typeof playerApi getSize function var size playerApi getSize var captionElements document querySelectorAll connatix video caption var captionElementsArray captionElements captionElementsArray forEach el if el size el style width size width px el style display block Families are moving away from the DC region It s especially true in Loudoun Co Families are increasingly moving away from the D C region a trend that s especially true in one of the wealthiest Virginia suburbs Loudoun County is the only D C area suburb that didn t add to its - age group population according to a WTOP analysis of census content from It lost people in that age bracket from to and also experienced a decline from to Remote work flexibility opportunity and cost of living could be contributing to that trend two experts reported Younger adults are starting to begin families later than previous generations and if you get to the point where a two-bedroom condo doesn t cut it anymore you really need a three bedroom We don t build that several three-bedroom houses or apartments Terry Clower director at George Mason University s Center for Regional Analysis commented If two young professionals are searching for a house they can afford Clower disclosed they re increasingly considering places such as Charlotte Nashville Atlanta or Dallas Land is cheaper out further and of curriculum it s a supply and demand issue Clower declared We haven t been building numerous houses in the core The effect Clower mentioned is a persistent challenge in retaining young family households across the D C region In the development of Loudoun County Clower described it as one of the wealthiest counties in the area The cost of housing is higher he declared and while more modest housing has been built there isn t enough to meet the demand Instead of considering the closest immediate suburbs families are looking to buy homes in Frederick Maryland Jefferson County West Virginia and Stafford and Spotsylvania counties in Virginia Peter Leonard-Morgan president of the Dulles Area Association of Realtors reported Loudoun County hasn t been attracting younger people because there s a bit of a predicament of affordability From August to August prices went up closed sales increased by and pending sales rose he mentioned The balance is not there Leonard-Morgan mentioned It s becoming very formidable for folks who are certainly getting on the income ladder on the work ladder to buy anything in Loudoun County Chosen families have been moving to Winchester Leonard-Morgan declared because there have been a lot of new homes getting built Others have been leaving Loudoun County because the opportunity presents itself If kids have left home for college or work families have started downsizing I see that dynamic of a lot of folks moving out of Northern Virginia Leonard-Morgan noted They re either retiring or they re empty nesters and they can buy an amazing property over in Delaware where the prices are a lot less and there s a lot of construction going on of very nice homes Inflation and cost of living are motivating factors to move away too I do know people who have either thought or moved much further afield to places maybe the Carolinas for example where you can have a great lifestyle for less money Leonard-Morgan mentioned That is a concern Source