Miller & Smith is bringing an exciting NEW collection of Single Family Homes to One Loudoun.
Chicago style architecture, contemporary, open floor plans with luxurious finishes. One-of-a-kind features: "Foodies" kitchen, amazing great rooms, master suite sleeping porch & much more. Three spectacular floor plans to choose from.

The BIG REVEAL of the Miller & Smith "Downtown Collection" new models will be early 2013.

We have been happy to report that house prices have increased over the last several months. However, we have also warned that month-over-month prices since 2009 have softened in the fall and winter. We are beginning to see that situation repeat itself in 2012.

CoreLogic, in their latest House Price Index revealed that prices increased by 5% over last year. Yet, prices actually dropped .3% month-over-month (m-o-m). Analytics firm FNC, in their latest Residential Price Index, reported that prices increased 2.3% over the last year but prices remained unchanged m-o-m.

What Does This Mean for Sellers?

Sellers should be excited about the headlines showing price appreciation across the country for the first time in a long time. However, if you want to sell your home in the next 6-8 months realize that there is a better chance that prices will soften than appreciate during that time span. Waiting to the spring for a better price probably makes little sense.

VHSL Volleyball Championships scoreboard

The Stone Bridge Bulldogs fought hard last night for the win but lost in a heart breaker 13-15 in the 5th game of the Virginia AAA state semifinals! The Bulldogs conclude a great season at 27-3!

I am on the internet and searching for homes

and see "CNTG/NO KO " as a status-what does it mean?

What is a "Short Sale?"?

Click Here For the Answers!!!

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Loudoun soccer ready to support pro team!!!

Stone Bridge Girls Volleyball earns return trip to Richmond for state semifinals!!

Go #8 Megan Bryn and Stone Bridge Bulldogs!

Megan is the daughter of our dear friends (and past clients) Donna & Jason Bryn. We have enjoyed cheering you on Megan!! And will be watching tomorrow night (Thu 11/15) as you and the Bulldogs compete in the semi-finals of the Volleyball State Tournament.

More Photos of the Stone Bridge Bulldog Volleyball team wins!!!

Is It Time to Buy A Rental Property?

Yesterday, we discussed rising rents and their impact on the long term housing expense of tenants. Today, we want to look at the opportunities that single-family rental units present for the small investor.

With house prices inching up and rents skyrocketing, this may be the perfect time to invest in single family residential real estate.

If you do, you won’t be alone. According to the National Association of Realtors’ (NAR) 2012 3rd Quarter Metro Area Report:

“Investors…accounted for 17 percent of all transactions in the third quarter.”

More than one out of every six houses sold are purchased by an investor. In the most recent MarketPulse Report by CoreLogic, their Principal Economist, Sam Khater, wrote on the subject in a story titled Roll Tide, or The Rise of the Single Family Rental Market. The major takeaways from the article are:

• The single-family rental market remained very active in the late summer of 2012 with increases in demand, tightening inventory and rising rents.
• Nationally, rental leasing volumes were up every month for two years. In August, they were up 7% over last year.
• Supply was down 11% over the same period.
• This tightness in supply has caused rents to increase.
• Rent growth is expected to increase at a ‘strong clip’ late in 2012 and in 2013.

If a private investor is looking for a great hands-on opportunity, perhaps purchasing a single-family house to rent out makes sense. Check with your local real estate advisor to uncover the opportunities in your region.