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Well, we’ve had one day of warm weather, at least…did it get you thinking about the spring real estate market at all? Getting an itch to buy and/or sell? When we start seeing some warm days is when we start to see listings hitting the market in Loudoun…typically. Now is a great time to have…
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If you are looking for a new construction home, without the new construction/ new build waiting, Lennar may have something interesting for you. Over at the Martin’s Chase community in Ashburn, right up the road from Brambleton town center, they have an Amherst model ready for purchase this month! Priced at $510,990, the home is…
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I posted last week on LoCo Musings and LoCo Market Stats analyzing how much of our active real estate market in Loudoun is currently made up of ‘distressed’ sales, meaning short sales or foreclosures. What I found is that it varies depending where in the county you are, and also what home type you are…
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The 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…
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The last time I took a look at median price per square foot in Loudoun County was back in March. Since then, it’s gone from a one year low of $157 a square foot to the current level of $160 a square foot. That movement would account for a price swing of $6,000 on a…
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I was concerned that we were going to see another dip in home prices in Loudoun County following the end of the first time homebuyer tax credit, because the buyer demand that came right before the deadline caused prices to rise pretty much across the board in April. The chart above shows median pricing for…
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Remember when I mentioned that M/I Homes had opened a storefront location in Leesburg, wondering what other projects they had on tap besides the new townhomes in Kincaid Forest? They are now working on a new community called Station View at the corner of Croson Lane and Old Ryan Road in Ashburn, just off the…
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I was driving through downtown Leesburg this week, and noticed that M/I Homes now has a storefront at the corner of King and Market Street (does anyone remember what was in that space before? I can’t remember). I have to say I was surprised, wondering if they have a new community near downtown that they…
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Interested in getting a more in depth look at the market? Click on any of the pins below to get a quick glimpse of the real estate market for that area, and enter your name and email address to get a detailed report sent to you. Knowledge is power, right? Let me know if you…