Danilo Bogdanovic-Real Estate Consultant -Loudoun and Fairfax County

Last year, Sterling Park was the center of an illegal immigration debate and crackdown. This year, Sterling Park is the center of a Loudoun County "clean up" campaign. According to the Washington Post, Loudoun County leaders are focusing on cleaning-up Sterling Park by cracking down on things such as unkempt lawns, crowded homes and truck-jammed curbs they say have eroded the quality of life in Sterling Park.

Here are some excerpts from the Washington Post article:

"This spring, officials held meetings in the Sterling area. They will use residents' testimony to help create a community improvement program. On Tuesday, officials will consider regulations that would ban the parking of cars in yards and allow volunteers to mow untended lawns. Many residents also have called for stepped-up zoning enforcement to crack down on overcrowded homes, an ongoing issue that supervisors are likely to take up again this fall.

'The county got so caught up because of the tremendous growth that we've had for the last nearly 17 years,' said board Chairman Scott K. York (I). 'What happened through that period of time is there wasn't necessarily that focus on Sterling and other eastern communities.'"

This presents an excellent opportunity for home buyers and real estate investors because,

1. Prices in Sterling Park are about half of what they were at the peak of the market and are showing signs of stabilizing
2. Buyer demand in Sterling Park has doubled this year over last year with buyers and investors scooping up foreclosures/bank-owned properties to rehab/renovate
3. The campaign by Loudoun County to "clean up" the area will help the area become more appealing to buyers, which speaks to demand and helps with long term price appreciation.

Sterling Park presents buyers and investors with the opportunity to "buy at the bottom" in an area that is being "cleaned up" by Loudoun County - a winning long-term investment formula.

For more information about the Loudoun County real estate market, check out http://LoudounScene.com and http://LoudounForeclosures.com.

We've already determined the winners of the real estate market match-ups in Sterling and Ashburn, but we have yet to find out who the winner is in Leesburg. On one side of Leesburg, we have 20175. On the other, we have 20176. Just like we did in Sterling and Ashburn, we'll be taking a look at inventory/supply and buyer demand.

And they're off...

20175 zip code:

• The number of new listings that came on the market in 2008 (1/1-6/9) was 393 versus 441 during the same period 2007. That's a decrease of 11 percent.
• The number of homes that sold in 2008 (1/1-6/9) was 156 versus 224 during the same period in 2007. That's a decrease of 30 percent.

20176 zip code:

• The number of new listings that came on the market in 2008 (1/1-6/9) was 777 versus 851 during the same period 2007. That's a decrease of 9 percent.
• The number of homes that sold in 2008 (1/1-6/9) was 384 versus 365 during the same period in 2007. That's an increase of 5 percent.

Though the 20175 zip code had a decrease of 11 percent in inventory, buyer demand was down a whopping 30 percent.

On the other hand, the 20176 zip code saw a decrease of 9 percent in inventory while buyer demand was up 5 percent.

So who gets to hold the checkered flag?

Although 20175 had the greatest decrease in inventory, 20176 had a huge advantage when it came to buyer demand. Therefore, 20176 is the official winner of the June '08 Leesburg real estate market match-up.

Related Posts:

20148 Beats 20147 In Ashburn Real Estate Market Conditions Bout

Loudoun County Real Estate Inventory Down, Buyer Demand Up

Loudoun County Buyer Demand Up 19 Percent In May

For more information about the Loudoun County real estate market, check out http://LoudounScene.com and http://LoudounForeclosures.com.

The real estate market conditions in South Riding and the 20152 zip code in Loudoun County are definitely showing signs of improvement. In fact, the statistics show some of the most improvement so far this year out of all the zip codes in Eastern Loudoun County.

Here are the statistics for South Riding and the 20152 zip code:

• The number of new listings that came on the market in 2008 (1/1-6/9) was 325 versus 430 during the same period 2007. That's a decrease of 24 percent.
• The number of homes that sold in 2008 (1/1-6/9) was the same (235) as during the same period in 2007.

As you can see, buyer demand has remained consistent while inventory has dropped significantly. This is a great sign for the South Riding and 20152 zip code real estate market.

Related Posts

20148 Beats 20147 In Ashburn Real Estate Market Conditions Bout

Leesburg Real Estate Market Match-Up: 20175 vs 20176

Loudoun County Real Estate Inventory Down, Buyer Demand Up

Loudoun County Buyer Demand Up 19 Percent In May

For more information about the Loudoun County real estate market, check out http://LoudounScene.com and http://LoudounForeclosures.com.

LoudounScene.com brings you a real estate market battle between 20164, 20165 and 20165 which all share the same town name - Sterling, Virginia. Although the three zip codes are all a part of Sterling, their individual real estate markets are different in many ways, particularly supply and demand. So in order to determine today's winner, we're going to take a close look at the inventory/supply and buyer demands statistics for each zip code.

Want to take a guess at which zip code is the winner? Let's see if you're right...

We begin by seeing how the three zip codes stack up against each other when it comes to inventory/supply.

20164

• The number of new listings that came on the market in 2008 (1/1-6/9) was 868 versus 757 during the same period 2007. That's an increase of 13 percent.

20165

• The number of new listings that came on the market in 2008 (1/1-6/9) was 419 versus 547 during the same period 2007. That's an decrease of 13 percent.

20166

• The number of new listings that came on the market in 2008 (1/1-6/9) was 120 versus 150 during the same period 2007. That's a decrease of 20 percent.

So far, 20166 is ahead with the biggest decline in inventory (20 percent). But...

Let's not forget about buyer demand.

20164

• The number of homes that sold in 2008 (1/1-6/9) was 546 versus 286 during the same period in 2007. That's an increase of 91 percent.

20165

• The number of homes that sold in 2008 (1/1-6/9) was 265 versus 311 during the same period in 2007. That's a decrease of 15 percent.

20166

• The number of homes that sold in 2008 (1/1-6/9) was 62 versus 65 during the same period in 2007. That's a decrease of 5 percent.

The 20164 zip code absolutely anialates 20165 and 20166 when it comes to buyer demand both, in percentage and volume. In fact, all of the homes sold in 20165 and 20166 combined don't even come close to the number of homes sold in 20164.

So who's the winner of the June '08 Sterling real estate market battle?

It was an interesting race with a different winner in each of the two categories. But after looking at inventory/supply and buyer demand combined, 20164 has been declared the winner. Coming in at a close second is 20166 with 20165 in third.

So which zip code did you pick and why?

Related Posts:

20148 Beats 20147 In Ashburn Real Estate Market Conditions Bout

Loudoun County Real Estate Inventory Down, Buyer Demand Up

Loudoun County Buyer Demand Up 19 Percent In May

For more information about the Loudoun County real estate market, check out http://LoudounScene.com and http://LoudounForeclosures.com.

Today's real estate market conditions bout is between Ashburn's 20147 and 20148 zip codes and involves inventory and buyer demand statistics. In one corner is the 20147 zip code, which includes areas such as Ashburn Village, Ashburn Farm and Belmont Country Club. In the other corner is the 20148 zip code of Ashburn, which includes areas such as Broadlands, Brambleton and Loudoun Valley Estates.

Here's how the two Ashburn zip codes stacked up against each other...

20147 zip code:

• The number of new listings that came on the market in 2008 (1/1-6/9) is 743 versus 830 during the same period 2007. That's a decrease of 11 percent.
• The number of homes that sold in 2008 (1/1-6/9) is 435 versus 489 during the same period in 2007. That's a decrease of 11 percent.

20148 zip code:

• The number of new listings that came on the market in 2008 YTD is 320 versus 315 during the same period 2007. That's an increase of 1 percent (though we can just call it even).
• The number of homes that sold in 2008 YTD is 184 versus 157 during the same period in 2007. That's a increase of 15 percent.

Though the 20147 zip code of Ashburn saw inventory decrease by 11 percent, buyer demand decrease by the same rate as well.

The 20148 zip code of Ashburn saw inventory stay pretty much the same, but buyer demand increased by 15 precent.

And the winner is...

In a split decision, Ashburn's 20148 zip code was declared the winner of today's real estate market conditions match-up!

A rematch is in the works for sometime next month. I'll keep you posted.

For more information about the Loudoun County real estate market, check out http://LoudounScene.com and http://LoudounForeclosures.com.