Loudoun County Home Sale Statistics For November/ December
December 17th, 2008 Categories: Market Statistics
Below is a chart of Loudoun’s home sale stats for the month of November.
The good news…
- The inventory is continuing to decrease.
- The amount of new listings coming available half of what they where in April.
- Pending sales remain high.
I truly feel that the local Loudoun market is showing signs of stability. We simply need the overall market and economy to redeem itself so that prices can begin to increase.
DC Real Estate: Top 5 Markets To Rebound
all information is deemed reliable but should be verified for accuracy.
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Lansdowne, River Creek, and Potomac Station Home Sales Stats
December 10th, 2008 Categories: Lansdowne On The Potomac, Market Statistics
The housing inventory in Loudoun County has dropped drastically.
The sales stats are low but much of this is due to the time it takes for many of the short sales, which are indicated as pending sales, to be processed.
The Perfect Storm For Loudoun Buyers
Ashburn Village, Farm, & Belmont Home Sale Stats
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Ashburn Village, Farm, & Belmont Home Sale Stats
December 3rd, 2008 Categories: Market Statistics
The housing inventory in Ashburn is dropping as we get in to holiday seasons.
If you follow my monthly stats for these neighborhoods you will notice that home sales in Belmont Country Club are relatively low. It is important to understand that there are not as many short sales and foreclosures in Belmont compared to other neighborhoods in Ashburn. There are some, just not as many, which keeps home sales low.
Ashburn Village, Ashburn Farm, And Belmont Coutnry Club Home Sales (Last Months Report)
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Dulles Is Set For Growth; Future Economic Outlook
December 1st, 2008 Categories: Market Statistics, opinion
Local economist, Dr. Stephen Fuller of George Mason University, recently shared his latest local forecast for economic growth, job creation, and population increase for the Dulles area.
Dr. Fuller shares very insightful information concerning the Dulles area which includes parts of Fairfax and Loudoun county. Below are a few insights that he forecasts for the area in the next years…
- Though there is currently a high commercial vacancy rate in the Dulles area, it will turn around in 2011 and 2012 as more companies who are looking to ramp up quickly move in to the area.
- The region will require 24,000 new housing units to support its growing economy. He warned that the enormous growth potential in this area could be lost without substantial investment in infrastructure such as roads and housing.
- Fuller calculates that the gross area (local) product increased from 10 billion dollars eight years ago to 35 billion. He forecasts that it could grow to 45 billion in 2015 along with a 12.7% job increase and 15.9% increase in population.
Each of these notes are positive indicators for our local area and reminders that it is important to have a longer term perspective when it comes to the economy and local real estate market. If you would like to read the full article outlining more of Dr. Fuller’s economic forecast you can read it here (taken from TheObserverNews.com).
Dulles VA… Location, Location, Location
Relocating To The Dulles Area?
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Cascades And Countryside Home Sales Stats
November 19th, 2008 Categories: Cascades - Lowes Island, Countryside, Market Statistics
Home sales in Countryside continue stronger than Cascades/ Lowes Islands. Part of this can be explained by the level of foreclosures available in Countryside.
Ashburn and Leesburg’s Best New Townhome Deals
Calling All First Time Buyers And Investors
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