Tag Archive: Loudoun housing market

Dealing With Rising Mortgage Rates

How To Approach Rising Mortgage Rates as a Buyer In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important. Even though you ...

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Considering New Construction?

What You Need To Know if You’re Thinking About Building a Home If you’re ready to move up, you may be trying to decide whether you want to buy a home that’s already on the market or build a new one. And since the supply of homes available for sale today is low, ...

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Developments in Cascades

Update: Public Hearing for this community is being held on May 11, 2022 at 6 PM Loudoun County Government Center, First Floor, Board Room 1 Harrison Street, SE., Leesburg, VA 20177 *Update 4/2/2022 – I just wanted to clarify that these ‘condo’ style homes will be considered townhomes with fee ...

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Market Update for Loudoun

The Dulles Area Association of REALTORS® released their February market report and here are the highlights. The Median Sales Price was $628, 306,  up 7% from this time last year.  This is on top of the 16% increase we had in February of 2021.  Just to put it in perspective, ...

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Top Agent

When I got my real estate license almost eight years ago, I didn’t dare dream that my business would grow like it has.  I got into real estate after leaving a career in IT because I wanted control over my schedule, my income and my core values. Ask anyone that ...

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What is Causing the Demand?

Over the last two years we have seen the demand for homes continue to increase.  According the the Virginia REALTORS® Association, our inventory in Virginia has ranged from 25%-45% less inventory than previous years. But what is causing this demand? There are several reasons:  Babyboom According to the latest census, ...

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Loudoun Market Update

  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 ...

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Q2 Loudoun Market Report

Housing Market Conditions • There were 2,676 homes sold in Loudoun County during the second quarter, a 43% increase from last year. • Home prices are rising rapidly throughout the county. The second quarter median sales price was $635,000, which is 20% higher than a year ago, a gain of ...

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Low Inventory – It’s True!

As you know, the market has been moving at a crazy fast pace, with prices increasing. It is not just in the Sterling area, it is county and nationwide. The Dulles Area Association of REALTORS® just released a first quarter report and here is one slide that tells it all.  ...

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