If you keep up with my blog, you know my opinion of the market. If you keep up with the Loudoun County market stats posted on my web site (and updated monthly), then you have already seen the evidence for yourself. And if you read the newspapers, then you will see that a recent survey of other agents and area builders reinforces what I have been sharing:
The Real Estate Market in Loudoun County is looking good! 🙂
The hottest submarkets? Ashburn, Brambleton, Potomac Station, and Potomac Falls….and homes priced $400-500K, and just above $1m.…but homes in Western Loudoun are selling, too! In general, Loudoun is rockin’!
In fact, inventory is so tight, the sale of land is picking up again too, and custom home builders are seeing an increase in the number of their contract. This is of particular interest, as building a custom home generally requires more than a desire… it requires a significant down payment and to qualify for a loan, borrowers must have a high level of liquidity and financial stability.
Interested in learning more about real estate in Loudoun County? I am here to help!