Virginia

19 New Homes SOLD in Loudoun County January 2012, a Market Report.

02-12-12

Lenn Harley, Real Estate Broker, Virginia & Maryland

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Office: (800) 711-7988

19 New Homes SOLD in Loudoun County January 2012, a Market Report.

Single Family Detached, List vs. Sold, Seller Incentive

The lowest priced new home SOLD was listed for $399,990 and SOLD for $425,000, new construction by Carrington Homes in the Village Case community in Purcellville VA.

The highest priced new home SOLD was listed for $878,680 and SOLD for $878,680, new construction by Van Metre in Broadlands.

The average price for new homes sold in Loudoun County in January 1012 was $607,585.

An example of a home in that price range in Leesburg is below:

$609,990

4 Bedrooms

3 full 1 half Baths

MLS# LO7707192

ALDIE

Zip: 20105

Subdivision: MARRWOOD @ STONE RIDGE

Status: ACTIVE ?

Listing Agency:
Avery-Hess, REALTORS

To tour new homes for sale in Loudoun County, contact Lenn Harley, Broker, Homefinders.com, 800-711-7988.

New Home Sales that CLOSED in January 2012 below.

City	Legal Subdivision	ListPrice	ClosePrice	Subsidy
Purcellville	VILLAGE CASE	$399,990	$425,000	$5,000
Chantilly		$464,990	$493,940	$15,050
Chantilly	SOUTH RIDING	$535,473	$535,473	$
Broadlands		$549,990	$540,000	$
Chantilly		$554,790	$554,790	$10,000
South Riding	SOUTH RIDING	$564,495	$599,062	$
Ashburn	WINDERMERE	$568,511	$568,511	$
Ashburn		$569,940	$569,940	$10,000
Leesburg		$574,700	$549,700	$10,000
Aldie		$583,680	$583,680	$30,580
Chantilly		$594,999	$575,000	$10,000
Leesburg		$599,990	$589,990	$10,000
Leesburg		$609,895	$609,895	$12,500
Ashburn		$624,036	$624,036	$
Ashburn	BRAMBLETON LANDBAY	$633,030	$609,530	$10,000
Ashburn		$692,737	$692,737	$
Ashburn		$744,195	$744,195	$
Ashburn		$799,990	$785,015	$
Broadlands		$878,680	$878,680	$1,000

WE ARE BUYERS AGENTS IN LOUDOUN COUNTY VIRGINIA. WE KNOW LOUDOUN COUNTY REAL ESTATE, NEW AND RESALES. Our way of saying THANKS to our home buyers is a 1% Cash to You REBATE at settlement.

WHEN EXPERIENCE COUNTS, home buyers will enjoy our many years of serving home buyers in Northern Virginia for over 25 years. We provide buyers with . . .
* Comprehensive home searches,
* Personal tours of homes for sale,
* Comparative Market Analysis for homes under consideration,
* Experienced financial analysis to help you understand different loan opportunities,
* Personally manage home inspections, termite inspections, settlement meetings,
AND MUCH, MUCH MORE.

Lenn Harley, Broker, Homefinders.com, 800-711-7988

HOMEFINDERS VIDEO

For a tour of homes in your location of choice in Loudoun County, contact Homefinders.com. We'll arrange a wonderful tour and you can get to know the county, shopping, recreation, the real estate market and the hardest working Buyer's Agents in the area.

ASK ABOUT THE HOMEFINDERS.COM HOME BUYER'S REBATE OF 1% OF THE PURCHASE PRICE OF THE HOME YOU DECIDE TO BUY - ANYWHERE IN LOUDOUN COUNTY, VIRGINIA.

Lovettsville Homes and real estate
Loudoun County Homes and Real Estate
New Homes Loudoun County VA
Leesburg Real Estate

http://www.youtube.com/user/HomefindersRealtors

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Victory Lakes Single Family Home Report: January 2012

02-12-12

Chris Ann Cleland, Associate Broker, Northern VA

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Office: (703) 402-0037

Mobile: (703) 402-0037

Victory Lakes Single Family Home Report: January 2012

Cold winter winds are whipping through Victory Lakes. Just when you thought we were going to get a mild winter, think again! Luckily downed trees from the 50 mph gusts of Saturday night/Sunday morning are at a minimum.

With the first month of the year behind us, let's take a look at how the Victory Lakes single family home market started in 2012. We'll make comparisons to last report (December 2011) and last year (January 2011.)

SINGLE FAMILY HOMES FOR SALE IN VICTORY LAKES

There were no active listings at the end of January 2012.

Since there were no active listings to end the month of January, there is no need to show you a table with no information in it. I can tell you that last month there were two active listings and last year we had four on the market. Clearly, spring buyer demand is here early! If you have been thinking of selling your Victory Lakes home, get it on the market ASAP, before every one else. It's your best shot at getting the season's highest price.

SINGLE FAMILY HOMES UNDER CONTRACT IN VICTORY LAKES

5 Listings were Under Contract: All Short Sales

The fact that Short Sales continue to dominate the homes under contract in Victory Lakes is not a surprise. Last report there were seven Short Sales under contract, last year there were eight. And just like those two reporting periods, all the homes under contract in January were Short Sales. The high list price at time of contract has remained unchanged since last report, but high marketing time improved by 82%. Low list price at time of contract went down, but hardly enough to register a 1/10th of a percentage change since last report. Meanwhile, low marketing time compared to last report remains unchanged. The average list price at time of contract decreased 37% since last report and only 3% compared to last year. The average marketing time improved 65% since last report and 64% since last year. It still blows my mind that one of these Short Sales under contract in Victory Lakes has been under contract since October 2010. If you don't want that to be you, hire an experienced Bristow Short Sale Agent.

SINGLE FAMILY HOMES SOLD IN VICTORY LAKES

4 Listings Sold: 3 Short Sales, 1 Regular Sale

The sold column was dominated by Short Sales in January, and it's no surprise since the under contract column is always dominated by them. Somehow, we've not seen this domination compared to last report and last year. The high sold price was 4% lower and high marketing time was 300% longer compared to last report. The low sold price was 5% lower and low marketing time 975% longer compared to last report. Average sold price was only 1% down compared to last report and down 7% compared to last year. Average marketing time was 318% longer than it was in December and 138% longer than it was a year ago. It is generally not my experience that Short Sales take longer to go under contract than regular sales, but this data would reflect that liklihood. Another reason why hiring an experienced Bristow Short Sale Agent is critical to your Short Sale success.

The next Victory Lakes Single Family Home Report will be out in March and detail sales from February. Until then, if you are contemplating the sale of your Victory Lakes home, give me a call for your free market analysis of your home's worth. I've been a full-time Bristow real estate agent and Bristow home owner since 2005. I've been a Bristow Short Sale Agent since 2007. No matter what your equity position, I know how to get your home sold for the highest dollar amount in the shortest amount of time.

Chris Ann Cleland, Associate Broker-Licensed in Virginia, Long & Foster REALTORS®

703-402-0037,ChrisAnn@LNF.com, www.NVARealEstate.net

Statistics compiled by Chris Ann Cleland using information in the MRIS (Metropolitan Regional Information Systems.)

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It pays to have the right friends in an emergency!

02-12-12

Mike Cooper

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Office: (888) 722-6029

Mobile: (540) 336-5522
Secondary: (540) 535-2227

As the owner of Quality Electric Co., I've learned one thing that has remained consistent in the electrical field, and that is major interruptions are rarely scheduled or convenient. The furnace only goes out at 5:00 pm on Friday afternoon, and no material stores are open until Monday. Also, if you're going to lose your electrical service it will be on the weekend, on the coldest day of the year and it will not be a simple or quick repair.

Fortunately for my long-time clients, we make house-calls night and day year round. John and Katie have a beautiful late 1700s home with a lot of old growth white mahogany trees in the front yard. The house is spectacular, and those trees are a spectacular sight. The trees extend above the three story house by a substantial distance and they are beautiful.

The only problem with old trees that have grown that large is disease and weather. Electrical Contractors in Winchester VA Today, when I received John's distress call, I learned that one of those amazing trees had fallen across the power lines we had installed just a half dozen years before. It was one of the most challenging service upgrades we had ever done because working with a 200 year old stone foundation is not easy.

Once inside the foundation wall, there were additional obstacles placed there by the original builders. After burning up a new rotary hammer drill and few bits we finally broke through. That was just the beginning. The consolidating of decades of electrical improvements into one location was massive.

Electrical Contractors in Winchester VA When it was all said and done, we walked away extremely proud of a job well done. Because of the wind on that hillside today, we get to do it all over again. The white mahogany tree destroyed half of the external electrical work we had previously completed on the property. So, we get to enjoy the beautiful property and scenery for another day while we disconnect the temporary repairs and make new final repairs.

It's always helpful to have the right contacts in an electrical crisis, and Quality Electric Co., is the team to call. Quality Electric Co., offers emergency service seven days a week throughout the year. Don't be left helpless in an electrical crisis. Call Quality Electric Co., 540-722-6103.

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The Unknowns You Face as a Seller in a Short Sale

02-12-12

Chris Ann Cleland, Associate Broker, Northern VA

view my blog
Office: (703) 402-0037

Mobile: (703) 402-0037

The Unknowns You Face as a Seller in a Short Sale

When you are selling your home in a Short Sale, there are a lot of questions that you want answered. There are no guarantees on how a Short Sale will turn out, but when you are working with an experienced Short Sale Agent you will at least get the lay of the land and get a feel for the direction their Short Sale will likely take, and what issues they need to investigate further. Here are some unknowns that I address with potential Short Sale Sellers:

SHORT SALE BANK(S): Will the bank(s) approve the sale? How long will it take? Will they issue a deficiency judgment or require cash at closing? Most of the financial questions can be foreseen by an experienced Short Sale Agent when they go over your income and assets with you. And an experienced Short Sale Agent will not only know the time lines each bank typically needs for approval, they will also know how to keep the process from stalling.

BUYERS: This is one that not a lot of Sellers think about, but the one that drives Short Sale Listing Agents batty. Buyers. Are they going to be there to hold up their end of the deal when you give them the approval letters, or will they have moved on? An experienced Short Sale Agent knows how to tell when a buyer is not willing to wait for your property. They will be able to give you guidance on how to make sure you are in a transaction with a buyer as serious about the home as you are about selling it. Still, things happen. Buyers get cold feet, get denied financing and sometimes vanish into thin air.

TAX LIABILITY: Whether or not you will have a tax liability on the forgiven mortgage debt you can largely figure out yourself by reading the Mortgage Debt Forgiveness Act. Virginia, unlike some states, follows the federal guidelines so if you qualify for tax forgiveness federally, you will qualify at the state level. If you may be facing tax consequences, your Short Sale Agent will know that at your first conversation and give you names of tax professionals you can speak with.

The unknowns in a Short Sale are never going to be crystal clear, but if you start the process by hiring an experienced Short Sale Agent, you will know that you have the best shot at a desirable outcome.

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PURCELLVILLE VIRGINIA MARKET REPORT, List vs. SOLD, January 2012- Home Buyer REBATE!!

02-12-12

Lenn Harley, Real Estate Broker, Virginia & Maryland

view my blog
Office: (800) 711-7988

PURCELLVILLE VIRGINIA MARKET REPORT, LIST vs. SOLD, JANUARY 2012 - Home Buyer REBATE!

Single Family Homes in Purcellville SOLD for 97% of the list price in January 2012.

The lowest priced sale was for $145,000 - a 59 year old Rancher on 1 acre, a home owner sale (not short sale or foreclosure).

The highest priced sale was for $624,900 - a 19 year old Colonial on 14 acres, a home owner sale (not short sale or foreclosure). Sold for full price.

The average price home sold in Purcellville in January 1012 was 29 years old and sold for about $414,754. Average time on the market was 88 days.

An example of a home in that price range in Leesburg is below:

$407,000

14200 SALEM CHURCH WAY

4 Bedrooms

2 full 1 half Baths

PURCELLVILLE

Zip: 20132

Subdivision: SARATOGA STAGE

Status: ACTIVE ?

Listing Agency:
The Myers Group

To see, call Lenn
1% REBATE

800-711-7988

Below are all detached Single Family Homes SOLD in Purcellville in January 2012. The homes below are in the AVERAGE PRICE RANGE.

SEE ALL homes SOLD in January 2012 HERE.

City	Address	ListPrice	ClosePrice	Subsidy
Purcellville	11133 HARPERS FERRY RD	$159,900	$145,000	$4,000
Purcellville	700 COUNTRY CLUB DR	$314,900	$314,900	$8,999
Purcellville	37803 ALLDER SCHOOL RD	$399,000	$354,000	$8,400
Purcellville	700 SUNFLOWER CT	$419,000	$419,000	$
Purcellville	130 AMALFI CT	$425,000	$419,000	$
Purcellville	814 KINVARRA PL	$399,990	$425,000	$5,000
Purcellville	36944 TEAHOUSE LN	$525,000	$480,000	$1,700
Purcellville	13121 SAGLE RD	$549,900	$549,900	$10,000
Purcellville	20368 SOMMERSET CT	$599,999	$575,000	$2,500
Purcellville	16408 FREEMONT LN	$624,900	$624,900	$

WE ARE BUYERS AGENTS IN LOUDOUN COUNTY VIRGINIA. WE KNOW LOUDOUN COUNTY REAL ESTATE, NEW AND RESALES. Our way of saying THANKS to our home buyers is a 1% Cash to You REBATE at settlement.

Lenn Harley, Broker, Homefinders.com, 800-711-7988

HOMEFINDERS VIDEO

ASK ABOUT THE HOMEFINDERS.COM HOME BUYER'S REBATE OF 1% OF THE PURCHASE PRICE OF THE HOME YOU DECIDE TO BUY - ANYWHERE IN LOUDOUN COUNTY, VIRGINIA.

Lovettsville Homes and real estate
Loudoun County Homes and Real Estate
New Homes Loudoun County VA
Leesburg Real Estate

http://www.youtube.com/user/HomefindersRealtors

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