As Amazon ponders possible locations for its new second headquarters, analysts are looking at costs in potential locations.
Half of the metro areas on Amazon’s “short list” for its new HQ2 have overvalued housing — including Northern Virginia, according to a new report by economists at CoreLogic.
“CoreLogic has reviewed home price trends in the cities that are being considered for the second headquarters for online retail giant Amazon,” chief economist Frank Nothaft says in a new report. “All the cities on the shortlist are experiencing home price increases.
“Some cities have even exceeded the national average of 6 percent.”
CoreLogic considers Northern Virginia, Washington, D.C. and Montgomery County, Md...Read More