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No Surprises Here, Prices Up, Inventory Down…

Spring in Ashburn

Dramatic graphs, huh? Doesn't take a rocket scientist to see what the trends are for single family homes in Leesburg... Inventory is still contracting, while median price has risen from a low of  around $607,000 in April to the current $640,943.  I'm watching to see what happens after November 30 and the first time homebuyer tax credit ends; … [Read more...]

Still Going Down, Down, Down…

Spring in Ashburn

Pretty easy to see from that graph that single family home inventory is still dropping like a rock in Ashburn right now. Homes absorbed is still outpacing homes listed...a grand total of 14 single family homes came on market last week in all of Ashburn. Still feel like a buyers' market? I hear agents in my office asking around now, "Hey, I … [Read more...]

LoCo Photo: Franklin Park Performing Arts Center

Franklin Park Arts Center

Snapped this pic of the Franklin Park Performing and Visual Arts Center when I was picking my son up from football practice on the fields there.  If you aren't familiar with it, this community center was built on the site of an old dairy barn and is now home to theater productions, music, and exhibitions. My daughters performed there last … [Read more...]

LoCo Homes Market Now Stable?

Spring in Ashburn

Here's the bird's eye view of the Loudoun County real estate market this week...Looks like things are pretty stable; with the first time homebuyer tax credit driving demand right now, inventory remains low, and days on market are dropping. Prices remain stable as appraisals are conservative (multiple offers are not causing prices to trend up … [Read more...]

This just in from the builders in LoCo….

Martin's Chase in Ashburn

A few things I've received from builders in and around LoCo in the last week or two...if you are interested in any of these communities, just call or email me... Lennar has sold out of their first set of lots available at the newly reopened Martin's Chase community in Ashburn, but they are offering a sneak peek of the next section, with new … [Read more...]

LoCo Photo: Loudoun Country Day School's New Campus

Loudoun Country Day School

I knew that Loudoun Country Day School was slated to open their new campus this fall, but when I drove by it recently on my way to Brambleton, I was blown away!  They have a 68 acre plot of land, and the first phase of construction includes a building to house pre-kindergarten through 5th grade, another for the middle school (6th to 8th), and … [Read more...]