River Creek, Lansdowne, and Potomac Station Home Sale Stats
January 14th, 2009 Categories: Lansdowne On The Potomac, Market Statistics
Last week I covered the sales stats for Ashburn neighborhoods. This week, I am covering three of the most popular Leesburg neighborhoods… River Creek, Lansdowne On The Potomac, and Potomac Station.
You will notice that River Creek has the least amount of sales and homes under contract. This is very similar to what we saw with Belmont Country Club. Both of these neighborhoods sell more upscale homes which tend to have fewer foreclosures and short sales at this time… hence the fewer sales.
Ashburn Village, Ashburn Farm, And Belmont Country Club Home Sale Stats
Brambleton And Broadlands (20148) Home Sales Stats
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Brambleton And Broadlands (20148) Home Sales Stats
January 8th, 2009 Categories: Brambleton, Broadlands, Market Statistics
As I mentioned yesterday… Ashburn is selling.
Shhh…Don’t tell Broadlands I called them Ashburn. lol. There are not as many sales in southern Ashburn but there are also not as many foreclosures and short sales so the numbers are a little deceiving.
Be sure to check out…
Ashburn Village, Ashburn Farm, And Belmont Country Club Home Sale Stats
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Ashburn Village, Ashburn Farm, And Belmont Country Club Home Sale Stats
January 7th, 2009 Categories: Ashburn Village, Belmont Country Club, Market Statistics
Are homes selling in Loudoun?
They are in Ashburn. Mainly between the prices of 200k-500k. The luxury home market is a little slower but still moving. These stats are staggering. The dilemma is the lack of good inventory since many of these sales are foreclosures or short sales. Nine of the ten pending contracts in Ashburn Farm are associated with banks. There are less in Ashburn Village and Belmont Country Club.
If you are considering selling some time this year… Now is the time. I would be happy to discuss this with you and how it could save you thousands. I believe you will thank me later!
Brambleton And Broadlands (20148) Home Sales Stats
These stats do not include condos. All stats are redeemed reliable but should be verified for accuracy.
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How Much Do Interest Rates Affect Your Payment?
January 6th, 2009 Categories: Market Statistics, opinion
I decided to do a little research on the affect that interest rates can have on one’s monthly mortgage payment. I found it very interesting so I created a chart to share with you.
Currently interest rates are at lows that we have not seen in a few years. What is more interesting this time is that prices are also at a low simotaniously (this doesn’t happen often).
I highlighted the TWO payments in RED to show you that a 10% decrease in home values is knocked out by a 1 percentage increase in interest rate on a 30 year fixed loan! This works out to be the same on other prices.
Draw your own conclusion… but for those who have waited for the right time to purchase…. it could be now.
Dulles VA… Location, Location, Location
Relocating To The Dulles Area?
Numbers should be verified for accuracy.
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Why You Can Be Happy You Live In The DC Area
December 19th, 2008 Categories: Market Statistics, Real Estate News
During the great depression job growth was at an all time low.
Though the past couple of years have been more difficult than many of us can remember, I propose that things aren’t too bad in this area (the DC metro area). Job growth in the overall economy was down 0.8% compared to last year. However, the DC area had job growth that was up 1.2% over the previous year!
This would help confirm why this area is considered by FORBES as one of the top 5 real estate markets to rebound the quickest.
Click here to read the article.
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