Showing posts with label Loudoun County Real Estate. Show all posts
Showing posts with label Loudoun County Real Estate. Show all posts

Thursday, December 18, 2008

Northern Virginia Real Estate - Homebuyers - Fed Lowers Rates Again.

Attention Home Buyers in the Northern Virginia Real Estate Market. It is a great time to Buy! Sure you hear that from Agents all the time. I will back up my words now. The Fed has cut rates once again. You can get a 30 year fixed rate Mortgage for 5.19%. The last time rates were this low was 37 years ago back in April, 1971. So if you are in the market to buy a home in Northern Virginia, be it Loudoun County Real Estate, Fairfax County Real Estate, Fauquier County Real Estate, or Prince William County Real Estate, contact the Northern Virginia Real Estate Group of Keller Williams Realty. From Contract To Close we are with you every step of the way.

Keller Williams Realty Realtor Of The Week - Mike Dean



Mike Dean




Michael Dean

circa 2008








The Journey: After traveling around the world and settling in northern Virginia about 17 years ago Michael finally bought a home. The home was
located in a quiet neighborhood with tree lined streets that exploded with popcorn blossoms in the spring time. He realized what the home buying experience was all about and soon learned the joy of home ownership. This was actually the beginning of Michael's real estate career although he didn't know it at the time. Fast forward a few years and Michael now works in the real estate industry as a consultant providing only the best services to his clients.

Services: Buying or selling a home is not as easy as you might think. Oh sure, you hear stories about what a great deal someone made or how fast the house down the street sold but let's face it the majority of people will only go through this process about twice in a life time. Every year new regulations, new forms, and new real estate laws are written to change the industry and protect the public. It's a good thing continuing education requirements keep the knowledge fresh and remind agents how important the public trust is to our business model.

Training: Michael brings an extensive background in technology, communications, and customer service to the real estate industry. He holds a Masters degree in Business Administration, a Bachelors degree in Computer Science and the following real estate related designations: Graduate, Realtor Institute (GRI), Senior Housing Specialists (SHS), Certified Distressed Property Expert (CDPE), and Certified Internet Professional (ePRO). Exceptional training, customer service, and the skilled professionals at Keller Williams Realty offer you the best possible combination for success.

Specialists: Working with real estate investors is a specialty for Michael. He is always looking for investment grade commercial property in emerging markets and the right business partners or angel investor group. The second area of expertise is active adult communities in the northern Virginia area. With over 15 communities to choose from he can find the right one to fit your lifestyle Mike Dean is a Keller Williams Realty Agent working out of the Leesburg, VA office in Loudoun County. Mike Dean knows the Loudoun County Real Estate Market.


Mike Dean is a Keller Williams Realty Agent working out of the Leesburg, VA office in Loudoun County. Mike Dean knows the Loudoun County Real Estate Market.


Thursday, December 11, 2008

Loudoun County Real Estate Sales Trends


Loudoun County Real Estate Sales Trends November, 2008

Note that the average Days On Market is down. The amount of Active Listings is lower compared to October 2008.



2008 Loudoun County Monthly Sales Statistics

Month
Residential Units Sold
Average Sales Price Median Price
Average Days on Market
Active Listings
New Listings This Month
New Pendings This Month
Average S/P as a Percentage of L/P
January 216 $431,811 $370,000 123 3234 943 379 90.97%
February 264 $426,442 $374,950 120 3321 878 420 90.14%
March 350 $408,114 $358,225 124 3427 1007 533 88.53%
April 423 $393,135 $350,000 112 3574 1083 668 90.92%
May 511 $398,041 $351,000 119 3486 978 648 91.57%
June 553 $418,038 $359,000 98 3343 864 631 91.80%
July 519 $400,134 $350,000 109 3109 785 581 92.00%
August 528 $367,149 $335,000 103 2903 681 584 92.15%
September 451 $362,360 $320,000 97 2793 664 486 92.22%
October 379
$374,141
$310,000
90
2691
704
422 93.26%
November 317 $355,235 $305,000
91 2505
513
394 91.59%
December
Metropolitan Regional Information Systems, Inc. :: Last Updated on 11/9/2008


Monday, December 8, 2008

Keller Williams Realty Featured Realtor Of The Week - Bill Thomas


THE BILL THOMAS TEAM:
Bill believes that one of the keys to success, both for himself and his clients, is a continually updated education. He takes many classes and seminars to increase his effectiveness and has earned one of the real estate industry?s most prestigious professional designations: GRI (Graduate Realtor Institute). Nationall recognized, these designations are earned through a rigorous course of study as well as demonstrated professional experience. In addition, both Bill and Trudy attend the National Association of Realtors Convention annually in order to receive the most up-to-date information and services available to the real estate industry. They are both Relocation Specialist and have been E-Certified indicating that they are qualified in Internet Assisted Marketing. Consistently outstanding in his field, Bill has received numerous awards in recognition of his exemplary performance on behalf of clients. He ranks in the Top 2% nationally.

They are prior members of the Circle of Excellence and the Million Dollar Club. Bill and Trudy have closed Millions of Dollars in real estate transactions over the years. Bill and Trudy have diverse backgrounds that are aimed at a single goal: your real estate success! Bill is a native of Loudoun County and has lived in the area all his life. He holds a BS degree in Business with a Real Estate Minor from Virginia Commonwealth University and made his first and only career choice. Trudy came to Loudoun County from Ohio in 1977. She holds a BS degree in Education from Ohio State University and taught first grade for 18 years, part of that time in the local area.

My Views On The Current Real Estate Market Conditions:

The cause of the country's dilemma has been discussed and the finger pointing continues. But, what is the proposed bailout going to do for us. Answer: it should begin to restore the buyer's confidence. Regardless our employment, or status in the food chain, we have become conscious of our decisions and purchases. Our economy is more fragile than we would want to believe.

When is going to get better? Answer: it will take time, maybe 18 months or longer, we will have to be patient. The Northern Virginia Real Estate market has been mostly insulated from the downturns over the past 4 decades. Starting in 2001 we had a very heated market!

During this period we saw house prices increase 96%! As a result, we are back to home sales with prices common to 2003. Most feel we are in the bottom of the correction cycle, and I agree. One indication is the available inventory of approximately 2000 homes. We sell approximately 500 homes per month. (This is a four month supply). Most experts say that's a healthy market. I have many buyers, who are waiting for "something to happen" that will cause them to get off the fence and purchase. Mortgage rates remain around 6%.

There are many great bargains for first time buyers, or investors. It's all about the buyer's confidence. Answer: if you have a secured job it's a great time to buy your first home, or an investment. Call your trusted Realtor for advice and council today. Don't miss this great opportunity! Bill is a native of Loudoun County. His real estate career started in 1973 in Leesburg. He became a broker in 1978, owned a real estate company, developed land, built homes, townhouses and apartments. Questions in this difficult market, call one who has survived the difficult times and still enjoys the business.

Bill knows the Loudoun County Real Estate Market and his office is located in Leesburg. Contact Bill Today for all of your Real Estate needs!

Saturday, November 22, 2008

Profile: Round Hill Virginia Real Estate - 20141

Round Hill Virginia, located in the foothills of the Blue Ridge Mountains was incorporated in 1900. The Town Of Round Hill is located in Western Loudoun County Virginia
The Town Of Round Hill gets its name from the 910 foot high hill located 2 miles from the center of town. To look at the gallery of Historic Round Hill Photos click on the link. Round Hill Virginia has many communities from which to call home.

The Villages Of Round Hill
Lake Point Village
West Lake Village
Greenwood Commons
Upper Lakes Village
Hillwood Estates
Fallswood
Stoneleigh
Round Hill West
Creekside At Round Hill
and many more.

Round Hill Elementary School is the only Loudoun County Public School currently that resides in the Town of Round Hill. Not all children that live in will go to Round Hill VirginiaRound Hill Elementary.

Residents of the town could also see their children go to Mountain View Elementary School located just 3 mile away in Purcellville Virginia. If you have children in middle school chances are they will go to either Blue Ridge Middle School or Harmony Intermediate School depending on their grade level. Finally if you have children that are of High School age, your children will go to Loudoun Valley High School located in Purcellville Virginia. A new High School for Western Loudoun County was just approved to be built. Woodgrove High School will also be located in Purcellville Virginia.

Below are community Links of Homes Currently For Sale in Round Hill Virginia


Round Hill Virginia Real Estate

Round Hill Virginia Real Estate 20141

Round Hill

Highlands

Highlands Of Round Hill

Stoneleigh

Darling Acres

Light Ridge Manor

Woodlands At Round Hill

Ridgeview Estates

The Orchards Of Round Hill

Hillwood Oaks

Lake Point

Lake Point Round Hill

Blue Ridge Summit

Harwood

Airmont

Brookdale Farms

Hamlets Of Blue Ridge

Lodge Land Farms

White Hall Farm

Mountain Valley

FitzPatrick

If you are considering Buying or Selling A Home in Round Hill Virginia. You want a real estate agent that knows the communities of Round Hill Virginia. You need a Round Hill Real Estate Agent.


Friday, November 7, 2008

Heidi Vargas - Keller Williams Realty Realtor Of The Week - 11-07-08


Hi, I'm Heidi Vargas a Resident of Northern VA for 12 years and Loudoun County/Leesburg for 8. I relocated after graduating from the University of South Florida. I'm an enthusiastic, passionate, and consistent Top Producer for the last 7 years AND was Rookie of the Year in my first!

My commitment is to provide a higher level of values, standards and services. I strive to deliver beyond my clients expectations, resulting in world-class service and referability.

Some quotes from clients:
"...She focuses on details, without losing site of the big picture. She's innovative but also realistic. She accurately reads the market, and knows the value of homes..."
"...Heidi was professional, honest, caring, and always available. She was determined to sell our previous home in a poor market, and extremely supportive with finding a home in the area that we craved on a budget that we could afford..."

Whether you are a first time buyer or an experienced investor, you will find useful information about how to choose the "right" property, making an offer, negotiating, financing, mortgage rates, moving, and everything involved in making an informed real estate decision in todays market.

My Thoughts On The Current Market:

Ever Wonder What To Do...Should I Listen to the Media?? Should I Listen to the Blogs?? Do I have Enough Money to Buy a Home in the Current Market Conditions?????

Get the Facts From The Experts!!! NOW IS A GREAT TIME TO BUY...and I know that you have probably think I'm saying that becuase this is my business.....well, it's partly true :)

HOWEVER, the Government has made it so that you CAN buy...with the new guidelines within FHA lending, VHDA, Mortgage Companies Incentives to close by the end of the year and MOST of all the $7,500 Tax Credit for 1st Time Home Buyers!

FOR INVESTORS...you can get the deal of your life on some properties!!

There are plenty of homes out there, you just have to take the plunge. You don't know what is going to happen next year with the lending guidelines, so if you are considering it...JUST DO IT!! So as I said in the begining...Get The Facts!

For more information and a FREE NO OBLIGATION CONSULTATION on Selling your current home or purchasing a Home....Please contact Heidi at Heidi Vargas and Associates

Heidi Vargas and her team know both the Loudoun County Real Estate Market and Fairfax County Real Estate Market

Call Us: 703 637 0610

Saturday, November 1, 2008

Shannon Casper - Keller Williams Realty Realtor Of The Week - 10-31-08


As a native of Northern Virginia, my family has lived in Fairfax County and Loudoun County. My husband and I were drawn to Western Loudoun County because of the natural beauty of the countryside. The Communities we have been blessed to live in have enriched the lives of our family. My husband and I have five children. I cannot think of anywhere else I would want to raise them. We have served our communities in PTA's, Scouting, Coaching and in various positions in our Church. My family is my greatest and most important gift. I feel extraordinary blessed to be a resident of Loudoun County.


My husband and I started our investment in real estate 15 years ago when we were young married couple finishing college. We started with the purchase of a small bungalow style home. We spent almost four years renovating our little home. We sold that small bungalow for twice what we paid! Since that time we have purchased other homes, land and invested in our own personally investment properties. Real Estate has historically been a fiscally sound investment. If I did not believe in investing in real estate I would not be a Professional Real Estate Agent today.


I began my career working for a large new home builder in Fairfax County. This was a great experience and has helped me understand new home construction from the buyer and builders perspective. I also spent many years working as a paralegal. Understanding contracts is a critical part of real estate. All of my experience has helped me become the Real Estate Professional I am today. I am a Top Producing Agent with Keller Williams Realty. I am a member of the National Association of Realtors and a member of Dulles Area Association of Realtors.
Current Market Conditions:
The current market conditions create some serious challenges for the real estate industry. If you purchased your home within the past four years you are among the many home owners who may owe more than their homes current value. The important thing to remember is that the real estate market will recover! If you do not need to sell your home, wait it out. Now would be a great time to make do some updates or remodeling. Doing this will help your home be more marketable when the market rebounds.

The silver lining to our current market conditions is that we now have affordable housing in the Washington Metropolitan Area! If you are a first time homeowner, investor, are currently renting, or are ready to move up, now is a great time to buy! Interest rates are great! Home prices are great! And there is ample inventory to find the home of your choice. If you are considering a move, call me and I would be happy to assist you with your next big move!

Shannon Casper
Bringing Families Home.
Email Shannon Casper

Saturday, October 18, 2008

New High School in Leesburg Virginia

New High School, Morven Park, Polo Grounds

On the northside of the Ida Lee property, Loudoun Public Schools recently announced the construction of Leesburg's third high school: Tuscarora High SchoolExeter subdivision and two other new schools; Smarts Mill Middle and Frances Hazel Reid Elementary.

Northwest of this site lies the historic mansion and grounds of Morven Park. Located within this complex is one of the largest equine (horse) medical facilities in the US.

This is a snipet of the Blog from the NOVA HOME GUY. If you would like to read more of his blog regarding the New High School, Ida Lee,or learn a little more about the civil war history of Leesburg, Virginia please visit his blog. The Nova Home Guy is a Keller Williams Realty Real Estate Agent in the Leesburg office located in Loudoun County
The NOVA HOME GUY is not only a renowed blogger in the Northern Virginia Region, he also knows the local real estate market. If you like reading his blog, you'll be even more impressed with him representing you with any of your Home Buying or Selling needs! Contact the NoVA Home Guy Today!

Friday, October 17, 2008

Stephen Adams - Keller Williams Realty Realtor Of The Week - 10/17/2008

Featured Realtor

Stephen Adams Keller Williams Realty

HB - Bank Of America

"Hi, I'm Stephen Adams, with Keller Williams Realty here in Leesburg.

When you become my client, you don't just get a Realtor and a Consultant - You have an Ambassador: Someone who's going to represent your best interests at all times. That's an awesome responsibility that I do not take lightly. Your trust in my abilities to provide you with the best possible customer service and exceeding your expectations and needs is why I do what I do best.

Being with Keller Williams myself simply ensures that you get a Professional Agent backed by a Culture that Values Continuing Education and Advances in Technology. This virtually guarantees a win- win solution to the ultimate goals for each one of my clients: to get the best possible price, in the shortest amount of time, with the least amount of inconvenience to you and your families in buying, selling, and investing in real estate.

My thoughts on the real estate market. As most of us realize by now, the Housing Market has undergone a marked "Shift" in prices throughout the Northern Virginia. Though some zip codes have a longer average Days on Market than others, the consensus clearly is in the favor of buyers. Even though the media will have you believe that the market is at a standstill, the number of homes sold over The last 4 months has shown a definite increase in sales. Prince William County sold 3

times as many homes in September of this year (2008) than last year!

Fauquier County saw a 36% increase in sales in September. Even Fairfax and Loudoun County sold over 50% more homes in September of this year than last year. True, many of those properties that sold were "Distressed Sales", such as Foreclosures, REO's (Real Estate

Owned) and Short Sales. As a matter of fact, in Loudoun County, 20% of the 476 properties that sold in September were such homes. But ultimately, this should tell you one thing - Buyers are still buying and Sellers are still selling.

Whether your moving from a condo to a townhouse, or a Single Family Home back to a condo (or even an apartment), let me help to guide you into your new phase of living.

Email Stephen Adams

Thursday, October 16, 2008

Loudoun County Sales Transactions Courtesy Of DAAR


2008 Loudoun County Monthly Sales Statistics

Month
Residential Units Sold
Average Sales Price Median Price
Average Days on Market
Active Listings
New Listings This Month
New Pendings This Month
Average S/P as a Percentage of L/P
January 216 $431,811 $370,000 123 3234 943 379 90.97%
February 264 $426,442 $374,950 120 3321 878 420 90.14%
March 350 $408,114 $358,225 124 3427 1007 533 88.53%
April 423 $393,135 $350,000 112 3574 1083 668 90.92%
May 511 $398,041 $351,000 119 3486 978 648 91.57%
June 553 $418,038 $359,000 98 3343 864 631 91.80%
July 519 $400,134 $350,000 109 3109 785 581 92.00%
August 528 $367,149 $335,000 103 2903 681 584 92.15%
September 451 $362,360 $320,000 97 2793 664 486 92.22%
October
November
December
Metropolitan Regional Information Systems, Inc. :: Last Updated on 08/11/2008

The Dulles Area Association Of Realtors Has Allowed Us To Post This Information. Thank You DAAR Our Readers Appreciate It!

Vicky Chrisner - Keller Williams Realty Realtor Of The Week - 10/11/2008

Featured Realtor
Vicky Chrisner


Vicky Chrisner
Short Sales. Foreclosures. REOs. Oh, My!

These buzz words abound within our real estate market today. Headlines about our economy, politics and global affairs keep you from sleeping at night. If those things are not directly impacting your daily life you, you know you're just waiting your turn. You find yourself wishing you were Warren Buffet or Donald Trump. And then, late at night, when you turn on the TV, hoping to find some mindless show that will help you drift off to sleep, you end up watching a "get rich quick" infomercial and THEN you can't sleep because you're wondering if you ARE missing your opportunity to become the world's next real estate billionaire.

So, what's the truth? Well it depends. It's true that some people take high risks and make a mint. Other people take high risks and lose, big. I recently received an email from a financial planning consultant that said his firm's recommendations in today's economy were to make no decisions based on fear, panic or greed. Good advice, I think, especially when it comes to real estate.

Real estate decisions should be based on the lifestyle you're trying to create for yourself and your family. If you're ready to settle down, buying a first home can be the best investment you'll ever make. If you're already stable in your family and financial life, and thinking of moving up, it's true that selling your current home can be daunting but you will also get an amazing deal on your next home, so it's all relative. Perhaps you're considering investing. To the true (well capitalized and long term) investor, I say "go for it". The rental market is strong right now, and properties can be purchased with positive cash flow from day one. But, with each of these tidbits of advice come warnings.

It's often said that real estate is a LOCAL business, but I feel it's a personal business. Buying or selling in any market condition can be a good decision or a bad one, and more important than timing the market, is understanding how these decisions will impact your life and your family today, tomorrow and for years to come. If you have an opportunity to buy a home for a rock bottom, absolutely fabulous, amazing deal if you can not afford the mortgage payments, then you should not buy. Even if the home you're considering is a terrible financial deal, but you can afford the mortgage payments and you will love every moment of every day of your life because of your new home, then it is well worth it.

Here at Keller Williams, our agents are trained to be a consultant to you, and help you understand the short term and long term risks and benefits of buying or selling, help you make financing choices, and to educate you on the local market place. We'll teach you all the terminology in today's market - like REOs, Short Sales and Foreclosures. If you're buying, we'll help you understand the risks and benefits of buying any of these types of properties so you can make the decision that's best for you. If you're selling, we'll help you understand if these sales are likely to impact your sale, and how; and help you evaluate the pros and cons of taking the "wait out the market" approach.

Let me, or one of my friends here at Keller Williams assist you in evaluating your options in the real estate world today.

Email Vicky Chrisner

Keller Williams Realtor Of The Week -10-03-2008

Featured Realtor
Jay Thomas
Jay Thomas Keller Williams Realty
I would like to take a moment to send a warm congratulations to a fellow Agent admitted from our office into the 2009 Leadership Loudoun class. Jay Thomas was selected out of a pool of applicants that went through an extensive research process that proved his worthiness to join the relatively small number of people that is designed, to quote, "a membership network of 389 community leaders representing business, government, non-profit, education, human services, and faith-based organizations. Members serve on over 500 commissions, committees and boards and have created and/or sponsored 58 community impact projects that leave a legacy of service for the community." I am privileged to not only know the integrity and value that he will bring to that organization (and to know this man personally), but to also be in our Keller Williams Realty office in Leesburg, VA is a testement to the quality of people that Keller Williams recruits. This is not to take away from the high level of service other brokerages provide whatsoever. However, it does show that, as Realtors and Consultants (who have rec'd tarnished reputations over the the last several years as a direct result of a few bad apples in the industry), many of us really do focus on solutions rather than problems, whether for our clients or the neighborhood. Kudos to you, Jay, for your hard work, customer service that people and families can count on, and a keen awareness of issues affecting all of us both now and in the future to make Loudoun Countya place that our friends and family members can enjoy and be proud of for many generations to come. Special Thanks to Stephen Adams also a Keller Williams Realtor for allowing me to use his article