All about life and real estate in Loudoun County, Virginia
Well, we've had one day of warm weather, at least...did it get you thinking about the spring real estate market at all? Getting an itch to buy and/or sell? When we start seeing some warm days is when we start to see listings hitting the market in Loudoun...typically. Now is a great time to have a look at what the market is doing before things … [Read more...]
Spring is right around the corner, I promise! Just a reminder that the orange 'condo' line includes townhomes, too. Inventory feels low to me, still, and I'm expecting that it will begin to rise as we get into the full rush of the spring market. At this point, I'm only seeing 15-20 new listings per day in Loudoun, which means buyers still … [Read more...]
We've turned the corner into another year in Loudoun, and I'm a couple of weeks late with a 2010 wrapup post on the state of the market. So how did 2010 turn out, compared to 2009? Total Homes Sold 2010: 4936, which is down 8.8% from 2009 Median Sale Price 2010: $362,500, up 8.2% from 2009 Average Days on Market 2010: 50 , down 24.5% from … [Read more...]
I have almost the same conversation with every buyer client I work with..they ask me which neighborhoods are the safest, or most family friendly, etc, and I have to tell them...I can't answer that question. I know that seems counter-intuitive to the job that they have asked me to do, in helping them find the home that is the best fit for them. … [Read more...]
I posted last week on LoCo Musings and LoCo Market Stats analyzing how much of our active real estate market in Loudoun is currently made up of 'distressed' sales, meaning short sales or foreclosures. What I found is that it varies depending where in the county you are, and also what home type you are looking at. Here's the overall picture for … [Read more...]
I posted last week on LoCo Musings and LoCo Market Stats analyzing how much of our active real estate market in Loudoun is currently made up of 'distressed' sales, meaning short sales or foreclosures. What I found is that it varies depending where in the county you are, and also what home type you are looking at. Here's the overall picture for … [Read more...]
I recently posted on LoCo Musings and here to analyze how much of our active real estate market is currently made up of 'distressed' sales, meaning short sales or foreclosures. What I found is that it varies depending where in the county you are, and also what home type you are looking at. Here's the overall picture for the county: So, the … [Read more...]
I just wrote a post at LoCoMusings about how much short sales and foreclosures were affecting the real estate market in Loudoun County. Rather than rehash all of that here, you can jump over there to see how different parts of the county are affected compared to the market for the county as a whole (real estate is local, right?). Here's the … [Read more...]
The biggest question in Loudoun County real estate lately is "how are short sales and foreclosures affecting our market?". I crunched the numbers (directly from Metropolitan Regional Information Systems, our multiple listing service) this morning to see how much of our homes for sale qualify as distressed, meaning short sales or foreclosures, … [Read more...]
Part of my daily routine as a Realtor is looking at the multiple listing service to see how many new listings have come on market that day. During busier periods in the year, it's tough to keep up with all of the homes coming on (and going off) market on a day to day basis. Lately, though, it's been fairly easy to keep track: today, when I … [Read more...]
