Thursday, September 12 2013
DC Metro Price Increases Continue into August as Demand Remains Strong Posted on September 09, 2013 by Corey Hart, RBIntel
 Even with double-digit gains in new listings, overall inventory remains low OVERVIEW Demand remained strong in the Washington DC Metro Region in August. The number of sales and pending contracts increased. Inventories continue to decline, but the pace has slowed to a single digit year-over year decrease. New listings continue to increase and mitigate the decline of inventories. Demand for smaller units in the market continues to drive much of the overall sales. Sales of units smaller than 800 square feet increased by 35.6 percent from last August, which is over double the 13.8 percent increase for all units. Condo sales drove the majority of the increases in both sales and new contracts. Units between 800 and 1,000 square feet had a median sales price increase of 21.7 percent, or nearly three times the 7.8 percent increase for all units. The overall high demand and low supply contributed to median sale price gains within the region and resulted in the highest August-level median sales price in eight years. The median days-on-market continues to be historically low, and is now at its lowest August-level since 2005. Rising prices and strong demand may encourage new sellers to enter the market, increasing new listings and helping to meet pent up demand.
Contact Marilee Murphy today for all of your home buying, or selling, luxury homes or new construction needs. I am dedicated to making sure you have a smooth transition from start to finish. Use my website to search available properties in Loudoun County located, in Northern Virginia, specifically the towns of Sterling/Potomac Falls, Ashburn, Leesburg, Chantilly, and Aldie as well as properties in Fairfax County, and Prince William County areas. You can also sign up to receive free listing updates by email Thursday, September 12 2013
Thinking of Selling Your House? 5 Reasons to Do it NowMany now realize that it is a great time to buy a home. Today, we want to look at why it might also be an opportune time to sell your house. Here are the Top 5 Reasons we believe now may be a perfect time to put your house on the market. 1.) Demand Is HighThe most recent Existing Home Sales Report by the National Association of Realtors (NAR) showed a 17.2 percent increase in sales over July 2012; sales have remained above year-ago levels for 25 months. There are buyers out there right now and they are serious about purchasing. Contact Marilee Murphy today for all of your home buying, or selling, luxury homes or new construction needs. I am dedicated to making sure you have a smooth transition from start to finish. Use my website to search available properties in Loudoun County located, in Northern Virginia, specifically the towns of Sterling/Potomac Falls, Ashburn, Leesburg, Chantilly, and Aldie as well as properties in Fairfax County, and Prince William County areas. You can also sign up to receive free listing updates by email
Wednesday, September 04 2013
Back to school – for the first time
Sept. 3 marked the first day of school for Loudoun County's 70,855 students attending 55 elementary schools, 14 middle schools and 13 high schools. But at two schools, it wasn't just the first day of the year, it was the first day – ever. Moorefield Station and Discovery elementary schools, both built this year in Ashburn, welcomed students to Loudoun's newest schools amid fanfare. At Discovery, the Broad Run marching band blasted music triumphantly as parents walked their students to the front door. The faculty waved as children with backpacks nearly as large as them tottered into the school. James Dallas, the new principal of Discovery, bounced between guiding traffic and greeting everyone. Three miles away, Moorefield Station soaked in a similar situation. Motivational sayings and pictures, drawn in colorful chalk by the parents the night before, awaited the students, who came on bus, foot and bicycle.
Contact Marilee Murphy today for all of your home buying, or selling, luxury homes or new construction needs. I am dedicated to making sure you have a smooth transition from start to finish. Use my website to search available properties in Loudoun County located, in Northern Virginia, specifically the towns of Sterling/Potomac Falls, Ashburn, Leesburg, Chantilly, and Aldie as well as properties in Fairfax County, and Prince William County areas. You can also sign up to receive free listing updates by email Wednesday, September 04 2013
Should I Wait for Interest Rates to Come Back Down?by on September 3, 2013 Should I Wait for Interest Rates to Come Back Down?
Some buyers are waiting to see if interest rates will come back down before making a decision about buying a home. Though no one can guarantee where rates will be in a few months, we don’t believe waiting is a good strategy. Most experts believe rates may actually move higher. The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of Realtors are in unison projecting that rates will continue to climb. Contact Marilee Murphy today for all of your home buying, or selling, luxury homes or new construction needs. I am dedicated to making sure you have a smooth transition from start to finish. Use my website to search available properties in Loudoun County located, in Northern Virginia, specifically the towns of Sterling/Potomac Falls, Ashburn, Leesburg, Chantilly, and Aldie as well as properties in Fairfax County, and Prince William County areas. You can also sign up to receive free listing updates by email Monday, September 02 2013
School Starts Tomorrow , Tue Sept 3 in Loudoun, Fairfax, & Prince William Counties. Saturday, August 31 2013
The house that Johnson built - Salamander Resort and Spa in Middleburg Many have waited for Aug. 29 for more than 10 years. Standing just in front of the “house she built” as she stepped to the podium to officially open the Salamander Resort and Spa in Middleburg, founder and CEO Sheila Johnson was feeling a wide range of emotions. Fighting tears of joy, Johnson thanked Middleburg's Mayor Betsy Davis and the rest of the Town Council for its unwavering support of the project.
Read more details about "Salamander Resort and Spa" - Link to their website
Contact Marilee Murphy today for all of your home buying, or selling, luxury homes or new construction needs. I am dedicated to making sure you have a smooth transition from start to finish. Use my website to search available properties in Loudoun County located, in Northern Virginia, specifically the towns of Sterling/Potomac Falls, Ashburn, Leesburg, Chantilly, and Aldie as well as properties in Fairfax County, and Prince William County areas. You can also sign up to receive free listing updates by email Friday, August 30 2013
Top 10 Reasons To Hire A Real Estate Agentby on August 30, 2013 Education and Experience, Neighborhood Knowledge, Professional Networking...
Contact Marilee Murphy today for all of your home buying, or selling, luxury homes or new construction needs. I am dedicated to making sure you have a smooth transition from start to finish. Use my website to search available properties in Loudoun County located, in Northern Virginia, specifically the towns of Sterling/Potomac Falls, Ashburn, Leesburg, Chantilly, and Aldie as well as properties in Fairfax County, and Prince William County areas. You can also sign up to receive free listing updates by email
Thursday, August 29 2013
Inova Healthplex plans moving forward in AshburnInova Loudoun Hospital during the last year has been undergoing expansion and construction to better its facilities. Inova Health System is preparing to move forward with plans for a Healthplex in Ashburn, north of Route 50. The 50,500-square-foot Healthplex and 71,280-square-foot medical office building will be at the intersection of Barrister Street and Loudoun County Parkway, just south of the Greenway. The Healthplex will primarily be an emergency room and a resource for outpatient imaging. “We have had that site under contract for three or four years now and the idea there, as we have developed our services across the county, is to provide pretty broad access to people across Loudoun County to health care services,” Inova Loudoun Hospital CEO H. Patrick Walters said. “At Lansdowne we have our advanced acute services and what we are developing in the Ashburn area is outpatient services.”
Contact Marilee Murphy today for all of your home buying, or selling, luxury homes or new construction needs. I am dedicated to making sure you have a smooth transition from start to finish. Use my website to search available properties in Loudoun County located, in Northern Virginia, specifically the towns of Sterling/Potomac Falls, Ashburn, Leesburg, Chantilly, and Aldie as well as properties in Fairfax County, and Prince William County areas. You can also sign up to receive free listing updates by email
Wednesday, August 28 2013
Reston: 7th Annual Lake Anne Jazz & Blues Festival-Sat Aug 31 Lake Anne has moved up their ever popular Jazz & Blues Festival from October to Labor Day Weekend. The 7th Annual Lake Anne Jazz & Blues Festival will take place Saturday, August 31, 2013. This free, family friendly, all-day event will take place from 1:00PM-8:00PM and will showcase a variety of talented local emerging artist and national jazz performers. Contact Marilee Murphy today for all of your home buying, or selling, luxury homes or new construction needs. I am dedicated to making sure you have a smooth transition from start to finish. Use my website to search available properties in Loudoun County located, in Northern Virginia, specifically the towns of Sterling/Potomac Falls, Ashburn, Leesburg, Chantilly, and Aldie as well as properties in Fairfax County, and Prince William County areas. You can also sign up to receive free listing updates by email Tuesday, August 27 2013
A Wine & Food Festival Two Hundred Years in the Making: Loudoun’s Epicurience Virginia Picture a food and wine festival so unique that no existing name quite fit. A food and wine experience so epic, in fact, that we’re calling it something completely new: Epicurience. Held in the East Coast’s premier wine region, Loudoun, Virginia: DC’s Wine Country®. It’s where insiders come to savor award-winning wines and seek out noteworthy farm-to-table cuisine Read more about this upcoming event ‘Epicurience’ to make grand entrance in inaugural year -8/29/13
Contact Marilee Murphy today for all of your home buying, or selling, luxury homes or new construction needs. I am dedicated to making sure you have a smooth transition from start to finish. Use my website to search available properties in Loudoun County located, in Northern Virginia, specifically the towns of Sterling/Potomac Falls, Ashburn, Leesburg, Chantilly, and Aldie as well as properties in Fairfax County, and Prince William County areas. You can also sign up to receive free listing updates by email | |||||||
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Above is a graph of the movement of the 30 year fixed mortgage rate since the beginning of 2012.
