Here is a quick snap shot of what happened in August of 2021 compared to August of 2020. Prices were up around 9% and average days on market was 13. The most shocking statistic is the Months of Supply – is was under 1 month of supply. A balanced ...
Continue ReadingThe housing market is going strong and will continue to do so in 2021 and beyond. None of us predicted the surge in sales the second-half of 2020. Many of us agents thought our businesses were going to take a huge hit and plenty of sellers would put their moving ...
Continue ReadingHere is a quick little snapshot of the housing market in 3rd Quarter for Loudoun County. No surprise that home prices are up 8% from this time last year and that the average days on market is 19 days. Mortgage rates remained at historically low levels throughout the 3rd quarter ...
Continue ReadingAre Homes Selling Right Now? Lots of people are asking me what is happening with real estate because of the pandemic. Well, in short, homes are still selling. Do we have even less inventory than normal? Yes. However, buyers that really need somewhere to live, are still out there looking ...
Continue ReadingIt has been awhile since I heard anything regarding the proposed Regal condominium development (Sterling Meadows), so I reached out to Andy Brown with Stanford Properties, LC. Andy was happy to share these updates: The Loudoun County Planning Commission approved their application back in December and now they are waiting to ...
Continue ReadingCountrySide continues to be a highly desired community with a thriving real estate market. CountrySide is one of the more affordable communities in Loudoun County and features great amenities with low HOA fees and is located near the major roadways such as Route 7 and Route 28. It also just ...
Continue ReadingToday I spoke with Andy Brown with Stanford Properties, LC, one of the developers for the Countryside Regal project. Here are a few clarifications or elaborations on what we know so far. – The project would only include the Regal Movie Theater and the parking lots, which is 11.5 acres ...
Continue ReadingLast night I attended an information session regarding the potential condo community (Sterling Meadows) that will be replacing the current movie theater in the Countryside shopping center. The room was full of concerned residents from the Calverts Glen and Countryside communities. As of Sept. 4, 2019, no action has been ...
Continue ReadingIt is no surprise that we have lower inventory in the winter and especially during the holiday months. But was the lack of inventory due the rumors about Amazon coming to Loudoun County or even Northern VA? Perhaps. I do expect to see the market pick up again in the ...
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