News

Loudoun County housing data is out for February 2018 and the big thing we’re continuing to see this month is the low inventory. The spring buyer traffic is picking up, but low inventory is generating a lot of challenges for buyers while sellers are definitely enjoying an advantage in the…

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The More You Know: The Mortgage Process

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Wondering how to get a mortgage for that beautiful home that just went on the market? It might be easier than you expected, but it does take time so starting before you find the perfect home is the best way to get that home loan and get that perfect home….

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The Loudoun County housing market is starting out strong for 2018 with a spike in new listings and new pending (under contract) homes compared to last month’s data. This January there were 586 new homes on the market, a big jump from just 333 last month. This was also an…

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Mortgage Rates Jump To 4-Year High

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Still holding off your home search for warmer weather? It might be time to grab your coat instead and get your search started sooner. Mortgage rates have been steadily rising since the start of the year and here in late January, they hit a four year high. Following positive economic…

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Freddie Mac is reporting that for the first time since July we’re seeing interest rates climb above 4% on 30 year fixed rate mortgages as of January 18, 2018. This is a slight increase to 4.04% from last week when rates came in at 3.99%, just barely under the line….

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The latest report from December 2017 for the Loudoun County Housing Market shows a continued pattern of strong performances with homes selling for more money and well below the 5-yr average for Days On Market (DOM). Let’s take a look at what’s going on in the county now and if…

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The seller’s market continues to dominate Loudoun County housing market here as the latest numbers roll out for our November 2017 market update. I’ll take you through what’s happening in the county overall, with detached single family homes, and attached townhouses. Want more details? I’m here to help so ask…

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The Cost Of Waiting To Buy This Winter

The Cost of Waiting to Buy this Winter

If you’re thinking of waiting for the spring to look at buying your home then you could be putting yourself at risk at paying more for that dream home. Right now we’re in a low inventory situation, but there are still new homes hitting the market every week and the…

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Zillow has released its top predictions for 2018 and if you’ve been following along for most of 2017 then you shouldn’t be surprised. Zillow’s chief economist Svenja Gudell is expecting things to keep going strong next year just as we’ve been seeing recently here in Loudoun County. Gudell expects home…

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As we head in to the final weeks of 2017 the latest market update on Loudoun Country’s housing market continues to show strong performance with sellers holding a position of strength amid low inventory and options for buyers. A look through the October 2017 housing data reveals several new trends…

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