General information on the real estate market as well as specific information to real estate agents, buyers and sellers in Loudoun County, Virginia.
RECENT BLOG POSTS
The Loudoun County housing market overall was mixed for the month of March. Overall, Loudoun County did see an increase in the number of homes sold since last month, which is definitely a positive. The market is still trying to recover from the credit crisis which definitely affected housing sale...
Gary M. Clemens, Loudoun's Clerk of the Circuit Court, announced that his office is working with the clerks of circuit court from the City of Alexandria, Arlington County, Fairfax County and Prince William County on establishing uniform guidelines related to the refund of the Northern Virginia Tr...
The Board of Supervisors adopted a new tax rate for Loudoun County on April 1st. The new real estate tax rate is $1.14 for every $100 of a home's assessed value. This is the highest rate for Loudoun County since 1981. The rate in 2008 was 96 cents. Even with the higher tax rate, the Board of Sup...
Okay, I am new to Active Rain. I joined two days ago. I was glad to find the Newbie Group so I can learn everything. I am already addicted to getting points. I have always been competitive by nature in everything, my passion for real estate, soccer, Virginia Tech Hokie football, you name it. Now,...
I was reading an article on RISMedia about how to stay positive amidst all of the negative real estate reports. Dr. Maya Bailey, Ph.D., stated some good points.1. Avoid toxic people. We all have them. They have a negative attitude on just about everything.2. Avoid the media. They report negative ...
Some good news from Martin Crutsinger, an AP Economics Writer, who reported this afternoon that sales of existing homes in February nationwide increased after six months of decline. Most experts and economists said it is too early to tell if the decline in the housing market is coming to an end.
There is an agent that recently had a home listed For Sale and For Rent with a For Sale sign in the yard. I have clients that rented the home and the agent put an "Under Contract" sign on the existing "For Sale" sign. When I asked the agent what happened thinking that they had accepted an offer f...
There were actually some positive signs in the real estate market at the national level lately. New mortgage applications jumped up in the beginning of March for the first time in more than a month according to the Mortgage Bankers Assocation. Also, the pending home sale index didn't decline in F...
According to the Metropolitan Regional Information Systems, Inc., the statistics for February resale homes in Loudoun County were dismal. In the 20147 zip code of Ashburn, there was only 1 sale for the month of February for homes listed for $700,000 or more. There were 46 homes on the market in ...