All about life and real estate in Loudoun County, Virginia
I knew that the first time homebuyer tax credit (that expired April 30th) was having a significant affect on our real estate market in Loudoun County, but it's even more evident now by what has happened to inventory levels across the county since it ended. In the two weeks directly after, inventory basically doubled. Thankfully, that seems … [Read more...]
The last time I looked at inventory levels in LoCo was on May 4th, right after the first time homebuyer tax credit ended, and found the HUGE jump in homes available for sale. Looking at what has happened since then, it appears to have leveled off a bit (and absorbed a tiny amount of the condo/townhome inventory). Anyone that tells you they … [Read more...]
If you are curious about how much your home (or a home you might want to buy) is worth, just fill out this form and I'll email you a report with clickable links to comparable homes that are for sale or recently sold. Don't worry, I won't spam you...I hate spam just as much as you. =) ~ Heather … [Read more...]
So if you want to take advantage of the first time homebuyer or move-up homebuyer tax credit by the contract deadline of April 30th? Looks like you are not alone...Here are the inventory numbers for all of Loudoun County. Keep in mind that the condo chart includes townhomes, too: Not a whole lot to pick from, all of a sudden, huh? I just … [Read more...]
Finally, sunshine and warm weather in Loudoun County...which leads to blooming forsythia bushes, short sleeved shirts, youth sports, and tons of buyers driving around visiting open houses. Want to know how much is there to pick from in homes for sale? Here's the latest on inventory numbers across Loudoun County: The top line is single family … [Read more...]
I don't typically post market data here on LoCoMusings now that I have LoCoMarketStats up and running. However, I wanted to give you some links to this week's market update posts so you can click on through if you are interested... At LoCoMarketStats... Western LoCo Looks Like This At AshburnMarketStats... Nothing Shocking, Stability is … [Read more...]
Single Family Homes [altos_stat_table st="VA" cid="1977137" zid="2874825" rt="sf" format="wide" endDate = "2009-11-27"/] Condos and Townhomes [altos_stat_table st="VA" cid="1977137" zid="2874825" rt="mf" format="wide" endDate = "2009-11-27"/] In Ashburn, for the week ending November 27th, it looks like the real estate market is still … [Read more...]
Most of the time, when I pull up the statistics for a town or zip code, I can look at different types of statistics and see how they are working in conjunction with each other, and it meshes with what I am seeing in the marketplace. I have to say, though, that when I look at the condo/townhome market statistics for Ashburn right now, I'm left … [Read more...]
Dramatic graphs, huh? Doesn't take a rocket scientist to see what the trends are for single family homes in Leesburg... Inventory is still contracting, while median price has risen from a low of around $607,000 in April to the current $640,943. I'm watching to see what happens after November 30 and the first time homebuyer tax credit ends; … [Read more...]
Pretty easy to see from that graph that single family home inventory is still dropping like a rock in Ashburn right now. Homes absorbed is still outpacing homes listed...a grand total of 14 single family homes came on market last week in all of Ashburn. Still feel like a buyers' market? I hear agents in my office asking around now, "Hey, I … [Read more...]
