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 Real Estate Blog 
Saturday, September 14 2013

 

Posted by: Marilee Murphy AT 06:42 am   |  Permalink   |  Email
Friday, September 13 2013

August 2013 Loudoun County Market Trends Report
Modest Uptick in Inventory Levels as New Listing Activity Outpaces 2012
Levels; Distressed Inventory Shrinks as Home Prices Increase


Ashburn, VA – (September 12, 2013) – The following analysis of the Loudoun County, Virginia housing market has
been prepared for the Dulles Area Association of REALTORS® based on analysis of MRIS multiple listing data by
RealEstate Business Intelligence, LLC (RBI).
Overview
Nearly all housing indicators continued trending positive for Loudoun County’s home sellers in August compared to
last year. Over 20 percent more homes were sold, prices were up over 15 percent, homes sold a full week faster,
and on average, more than 98 percent of seller’s original list price was received at closing. Distressed listings remain

 

Read more....

 

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

Posted by: Marilee Murphy AT 11:07 am   |  Permalink   |  Email
Friday, September 13 2013

Loudoun County Homes - Dulles Metro (Subway) Update - September 2013 Update

Nearing Completion: Tysons Corner Metrorail Station Completion of the Tysons Corner Metrorail Station along the northwest side of Route 123 at Tysons Boulevard is dramatically changing the look of this busy intersection. Directly across Route 123 from Tysons Corner,
a pedestrian bridge links the station to

 

Read more....

 

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

Posted by: Marilee Murphy AT 09:47 am   |  Permalink   |  Email
Thursday, September 12 2013

Wiehle-Reston East Metro Will Have More Parking Than Original Estimates

The finishing touches are being put on the seven-story underground parking garage at Reston Station at the future Wiehle-Reston East Metro stop. The 2,300-spot parking garage is a public-private partnership between Fairfax County and Comstock Partners.
 


However, when the Silver Line station opens in January, there will be nearly 1,100 additional spaces available, at least for a few years. Wiehle-Reston East, which will be the end of the Phase I line for about five years, is the only one of the initial Silver Line stops that will feature parking.
 

Read more....

 

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

Posted by: Marilee Murphy AT 07:08 am   |  Permalink   |  Email
Thursday, September 12 2013

Boulder Crest Retreat built on strong family values (Bluemont, VA in Loudoun County)

For military families, service life can be difficult.

Loved ones are frequently away from their families for extended periods of time.

For families of wounded warriors, life can be especially difficult with days, weeks, months and sometimes years spent in and out of the hospital.

With the opening of Boulder Crest Retreat Sept. 6 in Bluemont, military families will be able to spend time in a quiet place together without worry.

The product of founder Ken Falke and his wife, Julia, Boulder Crest is on 37 acres of land situated in the wooded hills of Bluemont. It was built strictly for wounded warriors, their families and Gold Star families -- those who have lost a family member in war.

 

Read more....

http://bouldercrestretreat.org/

 

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

Posted by: AT 05:47 am   |  Permalink   |  Email
Thursday, September 12 2013

August 2013 Real Estate Market Update by county, town, zip code.

 

 

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

 

 

Posted by: Marilee Murphy AT 05:40 am   |  Permalink   |  Email
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.

 

Read more...

 

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

Posted by: Marilee Murphy AT 05:36 am   |  Permalink   |  Email
Thursday, September 12 2013

Thinking of Selling Your House? 5 Reasons to Do it Now

by The KCM Crew on September 10, 2013

Many 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 High

The 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

 

Read more....

Posted by: Marilee Murphy AT 05:32 am   |  Permalink   |  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.


Read more...

 

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

Posted by: Marilee Murphy AT 08:52 am   |  Permalink   |  Email
Wednesday, September 04 2013

Should I Wait for Interest Rates to Come Back Down?

by The KCM Crew on September 3, 2013

Should I Wait for Interest Rates to Come Back Down?

by The KCM Crew on September 3, 2013 · 0 comments

in For Buyers

RatesAbove is a graph of the movement of the 30 year fixed mortgage rate since the beginning of 2012.

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.

Read more...

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

Posted by: Marilee Murphy AT 06:10 am   |  Permalink   |  Email

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Marilee Murphy Associate Broker, CRS, GRI, ABR, e-Pro
REALTOR®
Long & Foster REALTORS®

Long & Foster Real Estate, Inc.

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