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Loudoun "Cleaning Up" Sterling Park, Investment Opportunities Abundant

By
Real Estate Agent with Market Advantage Real Estate

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Last year, Sterling Park was the center of an illegal immigration debate and crackdown. This year, Sterling Park is the center of a Loudoun County "clean up" campaign. According to the Washington Post, Loudoun County leaders are focusing on cleaning-up Sterling Park by cracking down on things such as unkempt lawns, crowded homes and truck-jammed curbs they say have eroded the quality of life in Sterling Park.

Here are some excerpts from the Washington Post article:

"This spring, officials held meetings in the Sterling area. They will use residents' testimony to help create a community improvement program. On Tuesday, officials will consider regulations that would ban the parking of cars in yards and allow volunteers to mow untended lawns. Many residents also have called for stepped-up zoning enforcement to crack down on overcrowded homes, an ongoing issue that supervisors are likely to take up again this fall.

'The county got so caught up because of the tremendous growth that we've had for the last nearly 17 years,' said board Chairman Scott K. York (I). 'What happened through that period of time is there wasn't necessarily that focus on Sterling and other eastern communities.'"

This presents an excellent opportunity for home buyers and real estate investors because,

  1. Prices in Sterling Park are about half of what they were at the peak of the market and are showing signs of stabilizing
  2. Buyer demand in Sterling Park has doubled this year over last year with buyers and investors scooping up foreclosures/bank-owned properties to rehab/renovate
  3. The campaign by Loudoun County to "clean up" the area will help the area become more appealing to buyers, which speaks to demand and helps with long term price appreciation.

Sterling Park presents buyers and investors with the opportunity to "buy at the bottom" in an area that is being "cleaned up" by Loudoun County - a winning long-term investment formula.

For more information about the Loudoun County real estate market, check out http://LoudounScene.com and http://LoudounForeclosures.com.