Loudoun County Home Sale Statistics

Categories: Market Statistics, Real Estate News Posted on February 19th, 2009

Here are this months current home sale stats in Loudoun County.

These stats are very interesting but hide the current blitz in taking place in Loudoun to find a home. There is such a lack of solid inventory available in Loudoun that buyers are getting very anxious. How anxious??? Anxious enough to wait on short sales… Look closely at the pending home sales in November (394). In December 389 of them closed (almost 100%). BUT- With 397 pending sales in December only 284 of them have closed within January. That is only around 70% of them closing meaning that settlements are being delayed…. SHORT SALES.

When it’s the only option…. you bight the bullet.

Who Should Not Consider A Short Sale

Loudoun County School Reviews & Highlights

This entry was posted on Thursday, February 19th, 2009 at 6:09 AM and is filed under Market Statistics, Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.