Foreclosures
Like This just in from LoCo Market Stats: Looks like we have another market shift on our hands… Back in December, I took a look at how much of our active real estate market in Loudoun County was made up of ‘distressed’ listings, meaning short sales and foreclosures. If you aren’t sure what the [...]
Continue reading about LoCo Market? Not Distressed, Anymore…
LikeThe 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, versus ‘normal’, or [...]
LikeLooking to combat the high number of overgrown lawns in the county that have ‘sprung up’ with the high number of foreclosed homes, the Board of Supervisors approved an ordinance on September 8th that will give the county more authority to cut tall grass. It applies to homes on lots smaller than a half acre, [...]
Continue reading about Loudoun Supervisors approve permanent ‘tall grass’ ordinance
LikeOn May 20th I wrote that Fairfax County was considering a program, dubbed “Silver Lining”, to purchase foreclosed properties and convert them into affordable housing for teachers, firefighters, and police officers who otherwise would not be able to qualify financially for homes in the county. Using county loans, the buyers could purchase the properties directly from [...]
Continue reading about Fairfax County Approves Program to Buy Foreclosed Homes
LikeI bring statistics to my posts here at LoCoMusings on a fairly regular basis, but today I want to bring you my personal experience. We’ve heard about the housing crisis in the media, at a fever pitch, for the last year. (Anyone who watched the Ice Age movies? “Doom on you! Doom on you!”). Really, [...]
Continue reading about The Market is Changing…for the better.
