Double Digit Growth - Loudoun County April 2017 Housing Market

By
Real Estate Agent with Samson Properties VA0225077251

Across the country, media is splattered with the flashing news of how tight inventory has caused anxiety and stress among home buyers. Loudoun county has seen a tremendous growth in both the volume and prices of the home during the spring 2017 market. Multiple contracts have been common factors for homes that are turn key condition. New construction home buyers in the Loudoun county area of Aldie and Ashburn face challenges to be able to negotiate any incentives on their home purchase. Aldie (20105) has seen the largest jump in both the sales price and the buyers demand in the area compared to Ashburn, Sterling or Leesburg market in Eastern Loudoun county. 

 

Will this madness of the real estate market continue? Is this a bubble that will bust and we all will reflect backing thinking I should have waited?

Yes, the prices are rising too fast but we do have strength in the DC metro area. The low-interest rate, strong employment opportunity and we are not nearly as expensive as Seattle, San Fransisco’s, LA or NY  marketplace. Northern Virginia housing market compared to our income is still very reasonable. Yes, there may be a cycle we may slow down but that may be due to a change in the political scene in the area or a temporary pull back from the house hunter. For now, the ride is very strong in the housing market in the Easter Loudoun county of the Northern Virginia area! 

 

 

Loudoun County Housing Market Report

 

Loudoun county real estate market report Ritu Desai Samson Properties top real estate agent

Posted by

 
                             
Associate Broker
MRP, ABR, ePRO

NVAR, Life Time Top Producer
NVAR,Multiple Million Dollar Sales Club Member
Samson Properties
Cell - 703-625-4949
Email - info@eNOVAHomes.com
Web: www.eNOVAHOMES.com
 
Residential real estate agent serving Northern Virginia in Fairfax & Loudoun county over a decade and almost $100+M in sales volume experience. 


 
close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Virginia Loudoun County Ashburn
Groups:
VIRGINIA
WHAT'S HOT IN VIRGINIA
Northern Virginia Real Estate
Samson Properties Active Rainers
Buyer Information - What Buyers Need to Know in Today's Market
Tags:
housing market in ashburn
2017 loudoun county housing market
real estate market in northern virginia area
aldie real estate market

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
2,781,913
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Can graduations on some big leaps for real estate mankind and womankind, of course! Love and light!

May 16, 2017 07:12 AM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
754,791

Ritu Desai

Virginia Realtor-Fairfax/Loudoun/PW-703-625-4949
Have a Question? Ask Me..
*
*
*
*
Spam prevention

Additional Information