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Home Value Forecast: A New Frontrunner for Amazon’s HQ2?

Analysis of Housing Market, Educated Workforce Shows New Favorite for Second HQ

January 31, 2018, WALTHAM, Mass. — This month’s Pro Teck Valuation Services Home Value Forecast analyzes housing data and other important factors to determine who the frontrunner community may be on Amazon’s shortlist for HQ2.

Looking at all 20 finalists on the list of finalists recently announced by Amazon, this month’s HVF has determined that the new frontrunner may actually be Northern Virginia — potentially in the  Fairfax, VA, area, the home of Amazon Web Services HQ2

Pro Teck’s analysis shows this community may be well-positioned to receive the 50,000 new jobs expected with HQ2. Not only does the area have a promising housing market and well-educated workforce, but it is also in close proximity to the Washington, D.C., home of Amazon founder and CEO Jeff Bezos

“Today, assuming a geographic preference for the D.C. metro, we now believe Bezos will settle HQ2 in the Fairfax, VA, area,” said Tom O’Grady, CEO of Pro Teck Valuation Services. “It already has been chosen as Amazon Web Services HQ2 — might as well make it HQ2.2.”

Click here to read the entire forecast, including data on housing availability in the D.C. area, as well as a closer look at the region’s educated workforce population.

About Home Value Forecast

Home Value Forecast (HVF) is brought to you by Pro Teck Valuation Services. HVF provides insight into the current and future state of the U.S. housing market and delivers 14 market snapshot graphs from the top 30 CBSAs.

Reporters interested in national, regional or metro level housing data tailored to meet story needs, please email your inquiry to mediarequest@protk.com.

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Media Contact: Thomas Hoff, Pro Teck Valuation Services
781-314-1669 or tom.hoff@protk.com