Archive for September, 2008
Which Presidential Canidate Do You Really Support In Loudoun County ???
September 29th, 2008 categories: Loudoun County, opinion
There is no doubt that Presidential candidates view our area as a crucial area for winning the debate. Last week Democratic candidate Joe Biden spoke at Claude Moore Park in Sterling. In the beginning of September Republican candidate John McCain and Sarah Palin campaigned in Fairfax County.
Since this is a real estate blog with daily readers I will resist sharing my personal views concerning the candidates. Nevertheless, since there is a lot of confusion as to who to vote for with the press only pushing their bias I found a site that will help.
Take this short test that will tell you which candidate you agree with the most…..
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What “AS IS” Means
September 24th, 2008 categories: Buyers, Short Sales & Foreclosures
With the increase in banks owned properties it is becoming very common to see properties that are being sold in “as is” condition.
For the most part “as-is” condition means that the property is being sold exactly as it is when you see it. It is a safe assumption to believe that the bank has never actually seen the property they are selling and that they are selling it making no representations to it’s conditions.
As a buyer, it is important that you do your homework. You can still do a home inspection on these properties and always should make your purchase contingent on having it done. Understand that your inspection is for informational purposes only but if you find something that you are not willing to pay to have fixed that you have a way out.
If you are doing a home inspection, make sure that the water to the property is turned on in advance. You cannot do a thorough inspection of the homes systems without running water. Especially if the home has been sitting vacant for any time period. If you are using FHA financing, the appraiser will not appraise the property if the water is turned off.
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Another Ashburn Sunset
September 22nd, 2008 categories: Ashburn Village
It is always a good idea to have your camera with you. Here is another shot of the Ashburn Village Lake.
Photo protected under creative common license. Do not copy or use without permission.
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Redskin’s Taylor Scores Big For Loudoun’s Kids
September 19th, 2008 categories: Real Estate News
The Jason Taylor Foundation made a huge impact on 50 Loudoun County middle school students this past week with a $300 back-to-school shopping spree at Old Navy In Leesburg.
The event included a DJ, dinner, and ”celebrity shoppers” helping the kids to make their selections. The celebrities included players from the Washington Redskins, Washington Wizzards,
Top photo taken from the Jason Taylor Foundation Website.
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No More Visual Litter ???
September 18th, 2008 categories: Local Issues, Loudoun County
Loudoun County is getting board….
The board of supervisors is working with the department of transportation that would allow zoning inspectors to remove signs on roads and prosecute repeat offenders. Seriously???
You are telling me that people have nothing better to do than to drive around removing temporary signs calling it “visual litter?” I can understand that there are times, especially during an election, when there are hundreds of the same signs on filling the road ways. However, an OPEN HOUSE sign that is there for 3 hours 1 day a week or a church sign that is placed outside of a building that is rented on a weekly basis and charging these people fines. This is ridiculous.
Here is an article concerning it in the Leesburg Today….
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Loudoun Housing Inventory Continues To Decline
September 17th, 2008 categories: Market Statistics
On Wednesday’s I typically post local Housing Stats for Loudoun County. Since main stream media loves to play up bad news I think it is important to highlight that our local housing market is showing some great signs of strength and balance.
A few things to notice…..
- Though there are less homes on the market every month home sales have stayed steady.
- The amount of new listings coming on the market decreases every month. Less supply is good.
- As I have always said, the average sales price is a very difficult stat to gauge since it is based completely on what type of homes are selling.
Other Hot Articles…
Dulles VA… Location, Location, Location
Lansdowne, Potomac Station, Potomac Crossing Home Sale Stats
All stats are deemed reliable but should be verified for reliability.
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Ashburn Village Lake Photo
September 15th, 2008 categories: Ashburn Village
I was able to grab a beautiful photo on the way home the other night of lake in Ashburn Village beside the Sports Pavilion. I thought I would share it with you.
Photo protected under creative common license. Do not copy or use without permission.
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Rates Drop Again…
September 12th, 2008 categories: Real Estate News
On September 11th, Freddie Mac reported that their 30 year fixed rate mortgage averaged 5.93% for the week end, down from last week when it averaged 6.35%.
Last year at this time, the 30-year FRM averaged 6.31%.The 15-year FRM this week averaged 5.54% down from last week when it averaged 5.90%. A year ago at this time, the 15-year FRM averaged 5.97%.
For more info go to: http://www.freddiemac.com/news/mediaroom/
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Dulles VA… Location, Location, Location
September 11th, 2008 categories: Ashburn, Loudoun County
I was reading through a few notes made concerning the Washington Dulles Area that I found very interesting. I thought I would share a few with you….
“The Greater Washington region has a diverse private-sector economy, with strong technology, international business and tourism sectors. The region is also an association capital. It is by several measures the largest high-tech market in the country; it is also an ideal location for firms looking to gain global business exposure and access to federal policy makers.” — The Greater Washington Initiative
” Buried under the Washington Dulles Airport Toll Road are the vital electronic pathways that carry more than half of all traffic on the Internet. The region is home to more telecom and satellite companies than any other place on earth.” — TIME Magazine
“In addition, the Washington Dulles International Airport region is within an 8- hour drive of 50% of the U.S. population making it also a prime point for product distribution.
Aren’t you glad you live here?
Search For Homes In The Dulles Area
Relocating To The Dulles Area?
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Lansdowne, Potomac Station, Potomac Crossing Home Sale Stats
September 10th, 2008 categories: Market Statistics
I am amazed at the decrease in inventory available on the market. Take a look at these popular comunities in Leesburg; Lansdowne on the Potomac, Potomac Station, and Potomac Crossing.
Other Popular Articles:
Ashburn 20148: Brambleton and Broadlands Home Sales Stats
Ashburn Village, Farm, and Belmont Country Club Home Stats
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