University Center Research Team Dr. Scott Dempwolf, Ph.D., EDA Center Director Zhi Li, Ph.D. student Matthew Earls, Ph.D. student Kerry Li Fang, Ph.D.

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University Center Research Team Dr. Scott Dempwolf, Ph.D., EDA Center Director Zhi Li, Ph.D. student Matthew Earls, Ph.D. student Kerry Li Fang, Ph.D. Student University of Maryland, College Park U.S. Economic Development Administration University Center Dr. Marie Howland, Ph.D. January 7, 2014 Real Estate Condition in Montgomery County, Maryland

Sources: CoStar Group, January 7, 2014 Economic Recession ( ~ )

Economic Recession ( ~ )

Economic Recession ( ~ )

Economic Recession ( ~ ) Source: Real Estate Business Intelligence $506,868 Nov. 2013