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How Much Home for $400K, June 2014

Sterling-townhomes-946x338

It's not unusual for this segment of the market to be the most active, however 40% more listings than the next closest price range is kind of surprising. If you are searching for a home in the $400,000 ball park, you have 178 of the 1548 total homes currently on the market from which to choose. (As shown in the multiple listing service this … [Read more...]

Market Update: Leesburg, June 2014

King Street in Leesburg

It's the first week of summer and the end of the spring market. Let's take a look at how Leesburg's market fared during our busiest selling season... The chart above shows the total number homes sold by zip code in Leesburg. May marked the third straight month where volume has been down compared to 2013 with 33 fewer homes sold. There were … [Read more...]

LoCo Update: Midyear Luxury Report

front 5

We currently have a beautiful home for sale on Black Gold Place in Beacon Hill. The list price is $849,000 and as we have been updating our clients on the market activity one thing is clear, the pool of buyers seems to have shrunk! So far this year, 54 homes have sold between $800,000 and $999,000. Two key points: They spent between … [Read more...]

How Much Home For $300K in LoCo, May 2014

Candlewick_00-225x300

Last week when we wrote about homes in the $500,000 price range there were 1346 active listings. Here we are a week later and 45 more homes have hit the market. If you are searching in the $300,000 price point, you have 87 of the 1391 homes currently on the market from which to choose. (As shown in the multiple listing service this morning, … [Read more...]

How Much Home For $500K in LoCo, May 2014

Log cabin in Waterford

Since we last wrote about this, the number of homes for sale in Ashburn, Sterling, and Leesburg have doubled while the rest of LoCo has stayed constant. If you are searching in the $500,000 price point, you have 84 of the 1346 total homes currently on the market from which to choose. (As shown in the multiple listing service this morning, … [Read more...]

Are We Speaking the Same Language?

My flag

Ever heard the saying, "What doesn't kill you makes you stronger"? Well, sometimes the people you can't help teach you more than those you do. I recently had such an experience and wanted to share what I learned from it... We had a client moving to LoCo from out of the area and to say they were experiencing sticker shock would be an … [Read more...]

I’m Just a Bill, on Capital Hill…

Cameron Chase Home 2

This past weekend Governor McAuliffe signed a couple of bills into law concerning real estate.  Though the specific provisions of the bills he signed will not come into effect until July 1, 2014, here is a recap of three that may make a difference for you: HB 331 - Establishing First Time Homeowners Savings Plans First Time Homeowners … [Read more...]

Take a Tour of Leesburg This Weekend

Historic Leesburg

Here are all the open houses in Leesburg this weekend: … [Read more...]

Take a Tour of Sterling This Weekend

Sterling neighborhoods2

Here are all the open houses in Sterling this weekend: … [Read more...]

Take a Tour of Western LoCo This Weekend

Western Loudoun

Here are all the open houses in Western LoCo this weekend: … [Read more...]