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SHORT SALES ARE NOT THE PROBLEM THEY ONCE WERE. Sign of the times??

By
Real Estate Agent with Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate 303829;0225082372

Are Short Sales Waning??  One thing is for sure.  In Loudoun County, Short Sales
are NOT as ubiquitous as they once were.

Is it almost over?  Time will tell but the below is encouraging.

 

 

                    
City     List Price         DOM
                              
Bluemont $185,000     123
Sterling $295,000     6
Sterling $326,500     9
Lovettsville $337,500     46
Leesburg $350,000     17
Sterling $380,000     185
Lovettsville $399,000     58
Sterling $425,000     63
Ashburn $440,000     134
Ashburn $575,000     149
Bluemont $577,359     46
Sterling $585,000     85
Leesburg $674,900     229
Chantilly $685,000     98
Leesburg $725,000     94
Lovettsville $741,300     144
Leesburg $799,900     4
Waterford $842,000     12
Leesburg $999,900     44
Purcellville $1,250,000     657
         

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WHEN EXPERIENCE COUNTS, home buyers will enjoy our many years of serving home buyers in Northern Virginia.
For over 25 years, we've provided home buyers in Loudoun County with . . .

* Comprehensive home searches,
* Personal tours of homes for sale,  
* Competitive Market Analysis (CMA) for homes under consideration,
* Experienced financial analysis to help you understand different home loan opportunities,
* Personally manage home inspections, termite inspections, settlement meetings,

 

search listings here    Loudoun County Map    Lenn 

 


HOMEFINDERS.COM HELPS HOME BUYERS.

 

 

 

CLICK HERE  to begin your home search.  Come back as often as you wish.  Contact Lenn for help, 800-711-7988.  No registration required.  OR, request daily updates of new listings in your area of choice and price range with Property Wizard.

 

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For a tour of homes in your location of choice in Loudoun County, contact Homefinders.com.  We'll arrange a wonderful tour and you can get to know the county, shopping, recreation, the real estate market and the hardest working Buyer's Agents in the area. 

 

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Comments(4)

Bobbie Smith
Stroudsburg, PA
570-242-1891

Lenn, Short sales seem to be closing more often, and in shorter times, in our area as well and there are fewer of them now. All good signs. Here's to a great 2014.

Mar 22, 2014 09:45 PM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Bobbie.  This report is for Loudoun County, a rather upscale population.  I'm going to check other counties this a.m.

Thanks.

 

Mar 22, 2014 09:55 PM
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

My very last short sale is scheduled to close in April. There aren't many left and with the expiration of the Mortgage Debt Forgiveness Act it is no longer in the home owners best interest to pursue a short sale. They will now be required to pay income taxes on the portion forgiven.

Mar 23, 2014 12:43 AM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Evelyn.  I surely wish Congress would do something for the american home owner.

Mar 23, 2014 02:43 AM