Instead of disrupting industries and putting brick-and-mortar stores out of business, Amazon is dashing the hopes of home buyers in Northern Virginia
The “Amazon effect” is still buffeting Northern Virginia. But instead of disrupting industries and putting brick-and-mortar stores out of business, the retail behemoth is dashing the hopes of home buyers.
Just one metric – price – might be enough to prove the point. The average selling price in March was 4.3% higher than the average selling price in February, which in turn was 1.1% higher than the average in January.
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