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Your source for what's going on in the Loudoun County real estate scene including statistics, data, resources and more.
Recent Posts Tagged With 'buyer'
Home Buyer Demand, Sales Up Across Loudoun and Fairfax County
Home buyer demand/sales in Loudoun County were up 11 percent in the 3rd quarter of 2009 over the 3rd quarter 2008. And it’s up 53 percent over 2007. (Buyer demand is defined by the number of homes that go under contract during a set time perio...
How The First-Time Home Buyer Federal Tax Credit Works
Bob and Sally show us how the first-time home buyer federal tax credit works (click here if you can’t see the video below)… Hat tip to NRVLiving.com and NVAR.com Related Articles Time’s a Tickin’ On the First-Time Home Buyer ...
Time’s a Tickin’ on the First-Time Home Buyer Federal Tax Credit
If you would like to take advantage of the first-time home buyer Federal tax credit, you’ll need to act soon because time is running out. The tax credit expires December 1, 2009, which means that you have to settle on your new home no later th...
Because Now is Much Better Than Later
An increasing number of blog readers, sellers and buyers have been contacting me for real estate help and advice. I’m glad to help whenever I can, but many contact me after the problem has already occurred. Contacting me after the fact is often...
Leesburg Single Family Home Median Price up $35K
The median price of single family homes in Leesburg (20175 and 20176 zip codes) has gone up $35K since April. With inventory down 33 percent since 9/08 and buyer demand up, median prices have gone up. You can feel the effect of this in the housing ma...
If My Iraq War Veteran Home Buyers Just Got a 3.875% Interest Rate, Why Can’t You?
My Iraq War Veteran first-time home buyers (that’s them in the photo) and I thought we were hearing things when the lender said, “You qualify for a VA loan at an interest rate of 3.875 percent.” But we heard correctly! Qualified Vet...
How to Buy a New Home and Still Have Representation
If you’re thinking about buying a new home from a builder, check out this question posted by new home buyers on Trulia: My husband and I put an offer on a new house without representation from a Realtor. We have signed a builder’s contrac...
When Does the $8000 First Time Home Buyer Credit Expire?
You’ve probably heard about the $8000 first time home buyer credit (click here if you haven’t or would like more information about it). But do you know exactly how long you have before it expires? IMPORTANT: This is how long you have unt...
Loudoun Increases Cost of New Homes for Builders and Buyers
While neighboring counties and their officials are trying to help developers, builders and consumers weather the recession, Loudoun County is doing the opposite. In doing the opposite, Loudoun is taking money right out of the pockets of buyers, selle...
Home Buyers: Are You Worth $17.50?
Here’s a question for Loudoun and Fairfax County home buyers: “Are you worth $17.50?” “Duh!” Of course you are! So why would I ask such an obvious question? Because you may be shocked to hear who doesn’t think you...
Why Buyer Agents Should Attend Home Inspections
From what I’ve seen and heard within the real estate community, some Buyer Agents attend their Buyer client’s home inspections while some do not. Personally, I believe that a Buyer’s Agent should attend every one of their Buyer clie...
Buyers Lose Offers, Pay More Thanks to New HVCC Appraisal Rules
The new Home Valuation Code of Conduct (HVCC) rules that went into effect May 1, 2009 were supposed to protect consumers purchasing and refinancing homes by eliminating fraud and inflated appraisals. But the new appraisal rules are having a completel...
Understanding Closing and Settlement Costs
If you are buying or selling a house and are curious as to what closing and settlement costs are for, check out this short video entitled, “Understanding Closing and Settlement Costs” (click here if you can’t see the video)… ...
What’s Up With the $8K Homebuyer Tax Credit Being “Monetized”?
On May13, HUD Secretary Shaun Donovan said that the Federal Housing Administration (FHA) is going to permit its lenders to allow first time home buyers to use the $8000 tax credit as a down payment (aka “monetize” the tax credit). The nex...
