The latest census data shows massive growth in Northern Virginia over the past decade. Northern Virginia is a magnet for growth and is very competitive with Maryland and the District due to its heavily pro business environment.
Fairfax County grew by about 12% over the last decade. Slower growth was expected in this Million plus resident county as was it was well on its way to becoming an urban center at the start of the last decade. Loudon exploded adding 143,000 residents. That reminds me of the bumper stickers in the late 1980s "Don't Fairfax Loudon." It sounds like Loudon and Prince William are getting "Fairfaxed" whether they like it or not. There is just no where else to go as the region continues to attract more residents, now at 2.4 million (4x the District of Columbia's population) due to the available jobs (Volkswagon, Gov't contractors such as Northrup Grumman, etc) and opportunities such as selling or renting real estate to these newcomers.
The population has increased in every jurisdiction. Prince William and Loudon are poised for still more rapid growth. If you are seriously thinking of buying, you should take action. Prices and interest rates are the key factors in a monthly mortgage. Both are likely to increase in the next year.
Reference Article on Northern VA Growth: http://www.washingtonpost.com/wp-dyn/content/article/2011/02/03/AR2011020304604.html
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