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Sizzling Start to Summer Sales

frontporchhome-280x200

Summer is almost here and our market tends to take a one week breather as the school year ends. It's a good time to take a look at what has been going on over the last month and see how that compares to last year. Based on what my client's have experienced this spring, the numbers show what I expected. Let's take a look... Excluding new … [Read more...]

Who Knew Elysium was in Lucketts?

Village Green 1

Elysium is the ancient Greek concept of the afterlife reserved for the righteous and the heroic. Village Green at Elysian Heights, with it's views of Catoctin and Sugarloaf Mountains, does a great job of living up to its name.  Located just off of Route 15, north of Leesburg, 1300 acres of conservancy land protect the rural setting. … [Read more...]

Milestone for One Loudoun

Townhomes_Renderingweb

There has been so much happening at One Loudoun lately, I thought it was time to put it all together. New home construction is rocking, as sales passed the 100 mark recently. This Saturday, February 16th, NV Homes will hold their grand opening from 11 am to 5 pm.  As the only townhomes in One Loudoun to date, two of the three models are … [Read more...]

Does Refinancing Now Make Dollars & Sense?

Caribou Coffee

Sometimes the question isn't whether or not to sell your home, but rather should you refinance your mortgage to make life more affordable in your current situation. Our good friend Scott Fournier of Integrity Home Mortgage offers these suggestions based on some of the new laws that have been established recently: Conventional loans (not … [Read more...]

The Hamlet at Wulf Crest Farm

Wulf Crest Model

The Hamlet at Wulf Crest Farm is Steuart-Kret Select Homes' first foray into Loudoun real estate and they are making a splash.  I had never heard of the builder, the majority of their communities have been in Maryland, however after stopping by on Super Bowl Sunday and speaking with Tom West, the site sales manager, I'm impressed. Located … [Read more...]

2012 LoCo Market Recap

Leesburg Courthouse in Autumn Glory

2012 saw an improvement in every measurable area for home sales in Loudoun County. Let's take a look at the key statistics and see what they tell us. Median sales price for single family homes was up to $533,641, the highest value since 2007 checked in at $644,924. This represents a 2% increase over 2011's median sales price of $523,666 … [Read more...]

Buying A Home In A Golf Community

Creighton Farms and River Creek

If you're looking to purchase a home in a golf course community there are a few different items to consider compared to buying a typical single-family residence. In my former life as a PGA Professional (club pro not the guys on TV) I had a number of tricky situations with homeowners living around my course. Nine times out of ten, the issue … [Read more...]

LoCo’s Most Expensive Homes Sold in 2012

Beacon Home

Back by popular demand, here are the top 5 most expensive homes sold in LoCo during 2012. Compared to 2011's top seller at $4.5 million, this past year's winner was in another stratosphere! Money can't buy you love, but it can buy you fantastic properties in LoCo.   16775 Whirlaway Court, Leesburg: $2,000,000 Sold by Iris … [Read more...]

Tavistock Farms 2012 Market Wrapup

Tavistock Farms entrance

In the first of my neighborhood year in review posts, I am tackling 2012 home sales for Tavistock Farms. As a former resident, it always interests me to see how the market is faring. Overall, 27 homes sold in 2012 compared to 28 in 2011. Let's take a look at how that breaks down: For single family homes, 10 sold in 2012, one less than … [Read more...]

What to Expect When You Are Buying

front door

"A journey of a thousand miles begins with a single step." That's how the saying goes, right? Also how buying a home goes, although hopefully the experience doesn't feel like a thousand mile trek. If you are thinking about buying your first home, or if it's been a long time since you've been through the process, the first step can be the … [Read more...]