The fact that Washington DC is the capital of the US and the fact that 1 out of every 10 government jobs is located in this area is the main reason Washington DC and the the surrounding areas including Loudoun County will remain much stronger than any other area of the country during this historic period of economic turmoil.
With the anticipated increases in government spending already proposed by the Obama administration, government hiring will keep us from feeling most of the effects of a national recession. As the government builds up over the next 4 years of democratic control, we will be the chief benefactors of that expansion. And real estate prices will be one area that will see appreciation in the near future.
Just today the FBI announced their largest hiring push since the 9/11 tragedy. They are looking to hire 850 agents and an additional 2100 support staff. And where do you think the majority of those new hires will be located? The J Edgar Hoover building, headquarters for the FBI, is in DC as well as one of the largest field offices in the country.
These types of hiring announcements will continue to bolster our local economy. And don't be surprised if an entire new goverment agency is created to handle the new position of Washington DC as the financial center of the country if not the world. The Treasury and the Federal Reserve have already made investments of over $2Trillion in the past 3 months.