Loudoun County Real Estate Market Picking Up!

By
Real Estate Agent with Pearson Smith Realty

The spring market is now upon us in Loudoun County!  It took a little longer than usual, but we've now hit active inventory levels above 1,300 - 1,340 to be exact.  Foreclosure represent about 3.3% (44) of the market and short sales 6.7% (90) - much lower than this time last year.

One thing my buyers are running into is multiple offers.  Buyers now know it is the time to buy!  Interest rates remain low and buyers realize that it is not the PRICE of the house that matters most, rather the COST.

Trulia recently reported that it is now more affordable to own versus rent in 98% of the country! 

Feel free to contact me today at 540.454.1551 or eric@e4realty.com to schedule a home buyer consultation and find out everything you need to know about the home buying process.  A lending specialist will join us as well so we can find out if now is the right time for you!

Posted by

Eric Pearson

Loudoun County Realtor
RE/MAX Gateway
Cell: 540.454.1551
Email: eric@e4realty.com
 
"The finest compliment I could ever receive is a referral from my clients, friends and associates"

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