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That’s Right I Said it, It’s a Seller’s Market!
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Around this time last year, Heather wrote a post about the low inventory levels to start the spring market. Well, 380 days later and we are in a smaller boat! Over the last 30 days (as of this afternoon), only 644 new resale listings (non-new construction) have come on the market. Amazingly, 51% (337) of those…
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Five Guys Coming to Leesburg
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The Elias clan is big fans of Five Guys, so we are ecstatic to learn a Leesburg location is under construction in the Battlefield Shopping Center on Edwards Ferry Road. I spoke with the corporate office, and was told they are expecting to open in mid to late April. I was also informed a Sterling location…
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Leesburg’s Potomac Station, Another Sizzling Neighborhood
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Continuing our look at the spring market, here is an update for the past three months in Potomac Station. One interesting note, every home sold since December 11, 2012 has been a standard sale. During this time period last year, six of the fifteen total sales were either foreclosures or short sales. Townhome sales in…
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What’s Up Doc?
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Lest you think all I do is write this blog, drink coffee and margaritas, and coach softball, here’s a little update of what I’ve been doing: We put this listing in Purcellville under contract last month, now I’m working to find it’s soon to be former owner a new home in Broadlands. Anyone there with…
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LoCo Photo: Do You Want Fries with That?
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Five Guys Burgers and Fries is officially open in Leesburg, just across from Costco & Target on Fort Evans Road. We’ll be making our first pit stop there in the very near future. Get outside and enjoy the spring weather this weekend, looks like a great night for First Friday! Cheers, Mike
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Who Knew Elysium was in Lucketts?
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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.…
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Hello LoCo… the “Goodbye Tax” is Back (Updated)
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Last Saturday, the Virginia General Assembly passed a new transportation bill (HB 2313) to help fund the states road systems. Part of the package is a 250% increase in the Grantor’s tax, the tax all Virginians pay when they sell a home or business property. About 4 years ago Heather wrote about the reduction of the Grantor’s…
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Lansdowne Market Update
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Lansdowne has become one of the premier neighborhoods in LoCo, offering everything from condos to $1,000,000+ single family homes. Let’s take a look at 2012, a year that had a nearly 20% increase in sales over to 2011. There are a few distinct segments to the Lansdowne market, first we’ll review the town center area.…
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LoCo News Wrap-up for February 15th
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Here are this week’s news, notes, and nuggets: Perfection on the line: The Woodgrove High School girls basketball team finished the regular season at 20-3, and a perfect 18-0 in the Dulles district. Tonight, they square off in a rematch of last year’s district final with Loudoun County at Tuscarora HS. The game tips at 6:00,…
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Michael and Heather Elias are full time real estate professionals and licensed REALTORS at Century 21 Redwood Realty. They sincerely hope you enjoy reading this blog, and would love the opportunity to work with you.
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