Ashburn is located in Loudoun Courty Virginia. It is an up and coming area with many new developments with a high percentage of highly educated residents. Ashburn is within comuting distance of Washington DC and suburbs. Quality properties are in high demand in Loudoun County. It is not unusual to have more than five offers on any one home. Appraisals tend to keep sale prices down. Sellers are beginning to demand contracts that require cash if the appraised value comes in below the sale price. Agents are having a difficult time winning an offer for their clients.
We need more properties on the market in Ashburn and all of Loudoun County.