Round Hill
LikeLast week, I wrote about several builders that were faltering in Loudoun County, including the news that Equity Homes had ceased business operations. I drove to Round Hill yesterday and noticed something interesting on the signs at the Highlands at Round Hill; where the Equity logo and information had been was blacked out, but the [...]
Continue reading about Equity Homes…what will happen to the lots?
LikeTime for a market absorption rate update for Ashburn, Leesburg, Hamilton, Purcellville, and Round Hill. Based on MRIS data from this morning, here are the current absorption rates for the towns and home types: (Market absorption is the number of months it would take for the current inventory of homes to sell at the rate [...]
Continue reading about Loudoun County Market Update for April 21, 2008
LikeUpdate at the bottom… I’ve noticed a few items in the news recently regarding builders in Loudoun County, obviously feeling the effects of the slowdown. Wanted to share…please comment with anything you have noticed with regards to builders here and their reaction to the market climate! First, KB Home announced that they are pulling out [...]
Continue reading about Builders Faltering, Pulling Back in Loudoun County
LikeTook a quick peek to see what has been happening with listings and contracts around Loudoun County; based on today’s numbers, here is how it looks: Ashburn: Single Family Homes: 268 active, 43 under contract = 6.23 month absorption Townhomes: 228 active, 82 under contract = 2.78 month absorption All Listings: 563 active, 136 under contract [...]
Continue reading about Loudoun County Market Update, for March
LikeYesterday’s research on Ashburn townhomes and the high number of homes under contract got me poking deeper into the statistics. (It was a snow day, according to the school systems around here! I just enjoyed a day working from home! <smile>) Here is what I found: For Ashburn: Townhomes, 210 active on the market, 75 [...]
Continue reading about Update: Homes Under Contract in Loudoun County
