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Homebuilder Confidence on the Rise
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As reported by the National Association of Home Builders, the Housing Market Index, a measure of builder confidence, rose to a reading of 40 in September — its highest mark since June 2006.
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Back to School Market Update
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As we send the children off for the new school year we thought it was time to take a look at the beginning of the fall market. As the chart below displays, median price for single family, condominiums, and townhomes in Loudoun are at a two year high. This represents a 14% increase in single family…
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Time for the Fair!
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This is the week! The annual Loudoun County Fair starts today and runs through Saturday the 28th. Gates are open at 4pm today; and tonight is the Miss Loudoun Pageant. Every night beginning Monday, one of the 4H clubs is putting on a dinner. The carnival portion opens tomorrow at 6 pm, with plenty of…
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Tavistock Farms Market Report, June
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If you are a homeowner in Tavistock Farms in Leesburg, you may be receiving my mailed market updates directly at your home. If not, though, don’t fear…here’s the latest update on the real estate market within your neighborhood. The stats since March 1, 2012: Three single family homes have sold, average days on market 73,…
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LoCo Market Peek: What’s Going On?
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So it’s definitely selling and buying season in Loudoun County. Figured it might be helpful for you to take a look at some of the statistics and trend lines. Below are three clickable charts that show you how the single family home market is behaving in Sterling, Ashburn, and Leesburg. Overall, median price is up,…
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Now, how much house for $400k?
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It’s time for an update on available homes for sale in Loudoun in the $400,000 price point. The last time we took a peek at that segment of the market was in September. At the time, there were only townhomes available in Ashburn. In Sterling, there were several townhomes and a few older single family…
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Creighton Clubhouse Opens
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The new clubhouse at Creighton Farms is open for business! Last week, I had the good fortune to stop by for a sneak peek and tour of the facility. With the welcoming, wide front porch and stone facade, it truly delivers the feeling of a Loudoun County manor home, albeit on a grand scale. During…
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Here Come the Listings?
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If you’ve been reading the posts here for the last couple of months, you’ve heard me repeat over and over that we do not have a lot of available homes for sale on the market here in Loudoun. Given that we are now in the first week of March, we should be hearing the stampede…
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JR’s Festival Lakes Gone, New Homes Pop Up
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Anyone who has driven down Fort Evans Road toward Lansdowne in Leesburg recently has noticed the sudden deforestation where JR’s Festival Lakes used to be. K Hovnanian Homes just held their grand opening for the River Pointe community this month. New construction communities have been limited well to the north or south of town for…
About Our Blog
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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