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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 'home'
10 Ways to Avoid Problems and Save Money This Winter
The leaves and temperatures are falling, which means it’s time to get your home ready for winter. By taking a little time and energy to do these 10 simple things, you will avoid many potential headaches and save money this winter. 1) Get your ...
What I Learned at REBarCampDC and What It Means To You
This past Tuesday, I attended REBarCampDC - an informal “un-conference” focused on how to incorporate the latest social media and technology tools into your real estate business model. The event brought together some of the best and brig...
Home Seller Tips, Part Three - Pricing (and Reality)
This is part three of my three part mini-series on how to sell your home for the most amount of money in today’s market. (If you missed them, click here for part one and click here for part two). This part deals with the number one most importa...
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...
Freddie Mac SmartBuy, Closing Cost Assistance Program Expires This Month
Since July, Freddie Mac has been offering to pay home buyers up to 3.5 percent for closing cost assistance and a 2 year home warranty through their HomeSteps SmartBuy program. This is a huge incentive that has come in handy for those with not a lot ...
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...
Home Seller Tips, Part Two - Marketing
This is part two in a three part mini-series for home sellers on how to sell your home for the most amount possible in the shortest amount of time. The first part dealt with “The Three C’s” (click here if you missed it). Part two de...
Home Seller Tips, Part One - “The Three C’s”
This is the first in a three part mini-series for home sellers on how to sell your home for the most amount possible in the shortest amount of time. The first part deals with the “Three C’s” - Cleanliness, Clutter and Cohesiveness. ...
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...
Ashburn Single Family Home Median Price Up $20K
The median price of single family homes in Ashburn (20147 and 20148 zip codes) has gone up almost $20K since April. This is mainly due to less inventory on the market and more buyers purchasing properties - supply vs demand. We’re currently see...
Sterling Single Family Home Median Price Up $70K
The median price of single family homes in Sterling (20164, 20165, 20166 zip codes) has gone up an astonishing $70K since April. Talk about a roller coaster of a ride for median prices in Sterling - they have been in a free fall since the market turn...
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...
Good News For Home Buyers Using FHA Financing!
Good news for home buyers using FHA financing! The Federal Housing Administration (FHA) has no plans to implement the Home Valuation Code of Conduct (HVCC), which has been the cause of a wide array of problems for home buyers, sellers and lenders. ...
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...
What Do Major League Baseball Players and Real Estate Have in Common?
What happened to this once-great major league baseball first round draft pick’s potential profits is very similar to what happened/is happening to some sellers who followed the wrong advice… Matt Harrington (born February 1, 1982) is a pi...
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...
The Sins of a Seller (from a Buyer’s Perspective)
As a seller, you have to remember that your target audience is home buyers. Therefore, you have to make the property as appealing as possible to the greatest amount of buyers in your area in order to have the best chance of selling and for the highes...
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...
Loudoun Community Spotlight: Hawks View Glen in Leesburg
Hawks View Glen is a community of 36 town homes built in 2005 by K Hovnanian Homes. Hawks View Glen is located near the intersection of East Market St (Route 7 business) and the Route 15 bypass in southeast Leesburg, Virginia. View Larger Map The typ...
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...
Can Low Commission Hurt Your Chances of Selling Your Home?
Steve, a home seller in Williamsburg, VA posted the following question on Trulia, “Can low commission hurt my sale?” It’s obviously a hot topic because there have been 506 responses (and counting) since June 4. Here’s my answe...
“On The Streets” of the Loudoun County Housing Market
You read the news and see the statistics. You hear what you’re neighbors and friends are saying. But what is really happening “on the streets” of the Loudoun County housing market? Here you go… Buyers looking to get a great de...
South Riding, 20152 Housing Market Update
Here’s a look at what’s going on with the South Riding/20152 zip code housing market… South Riding/20152 Zip Code Median Price The median price for single family and town homes in South Riding/20152 zip code is showing a slight upti...
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...
