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Loudoun County VA Seller Concession Report September 2011

By
Mortgage and Lending with Fairway Independent Mortgage

Loudoun County VA Seller Concession Report September 2011

 

Here is what buyers have received in seller paid concessions/subsidy in September 2011 Loudoun County VA sold homes:

  • $0 was 48%.  So, 48% of the sales got no seller concessions or subsidy.
  • Between $4,000-$10,000 was 37%
  • Over $10,000 was 5%

Seller are still providing closing costs in Loudoun County as the median income and housig prices are some of the highest in the country.  Inventory is still low which makes it challenging to get some of the great deals when they come on the market.  Inventory should start creeping up a little bit, but it's still low in the most desireable Loudoun County VA neighborhoods.

Last month's seller concession report

 

September 2011 Loudoun County Seller Concession Report provided by MRIS on October 15, 2011 and deemed reliable, but not guaranteed.

Orignially posted at http://loudounrealestateguy.com/loudoun-county-va-seller-concession-report-september-2011/


Justin Dibbs
eXp Realty
Direct: 571-449-6565
justin@justindibbs.com

exp

Posted by

Justin Dibbs local Ashburn Virginia Realtor

"Imagine me as your real estate consultant. What I do for you is invest my time consulting - discovdering what's really important to you is really important to me. Negotiating - I treat your money like it's mine. When it's time to save you or make you money I am like a Pit Bull. Organizing the details of your transaction - I make sure every "i" is dotted and every "t" is crossed to prevent costly mistakes. "

I'm a high energy, knowledgeable,take charge person who prefers to communicate by email and text. I use the latest technology to not only to stay in touch with you but to market homes for sale and to negotiate. Still not sure I'm the right local professional for you? Check out my AshburnRealEstateGuy blog or head on over to my GetGreatHomes.com website to learn how I have helped others just like you sell or buy a home in the local area.

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The areas I service in Virginia are Ashburn, Sterling and Leesburg. If you live outside these area's let's talk. If you have found my information helpful and you like what you see, chances are if I cannot help you, I know another REALTOR® who can. 

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Patricia Beck
RE/MAX Properties, Inc., ABR, GRI, SRES - Colorado Springs, CO
Colorado Springs Realty

Interesting statistics!  Sellers are still paying closing costs here but I am seeing less of it as the market gets better.

Nov 03, 2011 03:43 AM
Justin Dibbs
Fairway Independent Mortgage - Ashburn, VA
Mortgage Advisor

I think the 0 percentage would be even bigger if our prices weren't so high here.  

Nov 03, 2011 04:07 AM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Justin - This is by far one of my favorite types of market reports, it really shows buyers and even sellers what's going on with concessions in your market place.

Nov 19, 2011 11:08 AM