Just like the lyrics in the Bob Dylan song the Northern Virginia Real Estate Market is changing. The market is seeing stabilization throughout the area. The price declines have slowed down and from March to April of this year the price decline was less than one percent in month over month. We have noticed that the supply in eastern Loudoun for single family homes are not meeting the demand for the year which is creating a bidding war for those sought after properties. It's still a great time to be a buyer and it's now more important than ever to jump off the fence to find that perfect home.
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