Montgomery County is part of the DC Metro area and is located to the north of the nation's capital. The resale housing market is very strong and continues to strengthen. There is a good amount of inventory and sales, while prices continue to increase. Beautiful brick and stone front homes are popular in the area and are a favorite among new home builders, who are planning new single-family developments in cities like Rockville and townhomes in more densely populated cities such as Silver Spring.
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Montgomery County is home to a plethora of highly desirable cities close to the DC Metro area. Because of this, Montgomery is consistently one of the most expensive counties in the region to buy a home. Many of the cities within the county are among the best in the state, and any can make a great home, depending on what you're looking for. If you want to live in more affordable area that has a great social scene but is still close enough to commute to DC, then Silver Spring is the place for you. It has more affordable townhomes and a beautiful downtown area. Chevy Chase is great if you need to commute to DC, want a beautiful home, and money isn't a concern. If you want a more rural feel, Damascus has been named one of the best small cities in America and is located toward the northern edge of the county.
The economy in Montgomery is strong enough to support the cost of living in the area. The top industries within the county are education, government and health. Its location just outside of Washington DC makes it a great place for government facilities. In fact, some of Montgomery County's largest employers are the US Departments of Health and Human Services, Defense, and Commerce, along with the Nuclear Regulatory Commission. The top employers in the private sector are Adventist Healthcare, Marriot International and Lockheed Martin.