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loudou: Demand For Distressed Properties Outpaces Supply For First Time - 10/08/08 12:21 PM
The foreclosure/bank-owned and short-sale portion of the Loudoun County real estate market has been steadily improving over the last 6 months. But last month brought some of the best news we've had in a long time - demand outpaced supply!
For the first time since the market turned, there have been more distressed properties sell than new ones come on the market in a one month period. August had 326 distressed properties sell versus 306 new ones come on the market.
Here's a graph showing new listings (supply) versus solds (buyer demand) for 2008 (click to enlarge):
 
Notice that in January, the … (0 comments)

loudou: Court Ruling On Purcellville High School, "Loudoun 5" Now "Tuscarora" - 09/12/08 01:56 PM
The Virginia Supreme Court ruled today that the Loudoun County Planning Commission must review its plans for a new high school to be located just outside the town of Purcellville. Here's an excerpt from the article on Loudoun Extra:
"The town has fought the county for years on the issue, objecting that the location of the high school differs from what was contemplated in a growth plan adopted in 1995, and that the planned school would bring unwanted traffic and infrastructure problems to an area that has already experienced fast-paced growth.
The nuanced court ruling asserts that the location of the planned school is … (0 comments)

loudou: Demand For Distressed Properties Outpaces Supply For First Time - 09/04/08 03:56 PM
The foreclosure/bank-owned and short-sale portion of the Loudoun County real estate market has been steadily improving over the last 6 months. But last month brought some of the best news we've had in a long time - demand outpaced supply!
For the first time since the market turned, there have been more distressed properties sell than new ones come on the market in a one month period. August had 326 distressed properties sell versus 306 new ones come on the market.
Here's a graph showing new listings (supply) versus solds (buyer demand) for 2008 (click to enlarge):
 
Notice that in January, the … (0 comments)

 

Danilo Bogdanovic-Real Estate Consultant -Loudoun and Fairfax County

Ashburn, VA

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Market Advantage Real Estate

Address: 107 Kale Ave, Sterling, VA, 20164

Office Phone: (703) 582-6900

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