There are two stories about Loudoun County that will have an effect on real estate in the future. The first story is regarding a longtime business in Loudoun County is expanding their presence here. JK Moving and Storage is adding... Continue reading

There were 380 sales transactions completed in April 2011 compared to 440 in April of 2010. This is a drop of 13.64%. The housing market in Loudoun County is heading in the wrong direction as demand dries up in the... Continue reading

One Loudoun was going to be the greatest thing in Loudoun County since they built Dulles. So much for that. It is now just another big development that has failed. One Loudoun, planned as a town-center-style development on 358 acres... Continue reading

This is the official roll out of our Success Seminar - Page 1 of Google in 90 Days or Less. The live seminar that we have been running is 90 minutes long and includes all 11 Steps of the Program described in detail. But it doesn't have everything that this new online seminar does. We have taken the entire seminar and put it online and included introduction videos to all 11 steps as well as screen capture videos of exactly... Continue reading

Loudoun County inventory is at 1228 homes for sale. In March it was around 800. There was a bunch of pent up supply waiting to list due to the winter storms. The end of the tax credit did not increase... Continue reading

We are going to try. Two guys and a game plan. That is what we have. The internet and information is what we are going to use. And hopefully we can build some traction and bring about change. Here are the areas we want to change and the tools and strategies we are going to use to bring about that change. Any like minded real estate professionals are welcome to join in any of the programs at any time. 1.... Continue reading

Here is a quick list of some of the most important news items and industry observations from the past month. Each of these could have a profound affect on real estate and decisions you might make regarding your real estate... Continue reading

A new program for buyers and sellers of real estate was recently rolled out and one of the first members of the program lives here in Loudoun County. The program is called VIP Cashback and it gives consumers an opportunity... Continue reading

I just completed an analysis of the real estate transactions for 2009 for the entire 10th Congressional District. I was asked to do this by one of the candidates that will be running for this seat later in the year,... Continue reading

Google Juice - The Proof So I got to the front page of a one word search in google in under 60 days. Here is the google search page for Broadlands. And here is the registration page for my url which is broadlands1.com. I bought the url at the end of November of last year. I put up a wordpress.org site on December 1st, 2009. On January 27th the url first hit page 1 of google. It has since been... Continue reading

With the new year only a couple of days away, I wanted to take a preliminary look at how the Loudoun County Real Estate market of 2009 compares to the market of 2008. There have been many developments over the past year that have influenced the real estate market. Here are a couple that I feel have made a huge difference to our market: Tax Credit for First Time Home Buyers - This waste of taxpayer money has created a... Continue reading

With the new year only a couple of days away, I wanted to take a preliminary look at how the Loudoun County Real Estate market of 2009 compares to the market of 2008. There have been many developments over the... Continue reading

Another unbelievably nice day on Thursday forced us back out to another Loudoun County vineyard - Breaux Vineyards in Purcellville. With over 100 planted acres on a 404 acre estate, it is definitely one of the biggest vineyards in the... Continue reading

Here are some statistics about the Loudoun County real estate market that I follow on a regular basis as well as some interesting trends that tell a lot about the current market conditions. Current Inventory - 922 At the beginning... Continue reading

If you are a real estate professional that deals with sellers who are trying to sell their home short than one of the most asked questions you probably get is regarding the tax implications of the short sale. Up until now I haven't had a very good answer or a direction to point a homeowner regarding this topic. But now I do and so do you. The Internal Revenue Service publication that handles this exact situation is Publication 4681. The... Continue reading

One of the most asked questions I get from homeowners selling their homes short is regarding the tax implications of the short sale. Up until now I haven't had a very good answer or a direction to point a homeowner... Continue reading

The finance company that loaned Greenvest $130 Million for the 4 parcels of land in Loudoun County was the highest bidder yesterday during an auction of the property. The 4 pieces of undeveloped land had a total of 4,123 acres... Continue reading

Over 4100 acres of land is going to be auctioned off today at the Leesburg courthouse barring any last minute bankruptcy by the current owner, Greenvest. Greenvest had tried to rezone much of their holdings to allow 15,000 new homes... Continue reading

Many banks are starting to aggressively market reverse mortgages to seniors. The government via HUD created the Home Equity Conversion Mortgage (HECM) in 1990. Since then the number of mortgages originated in this program has been fairly consistent but the amount being taken out on these loans has increased significantly. Here are the criteria for a homeowner to get a HECM loan: be 62 years or older own the property or have a small mortgage balance occupy the property as a principle residence have no delinquent payments or federal debt participate in a mandatory consumer information session Here is a... Continue reading

When making a move, especially into an active adult or seniors community, it helps to have a checklist of characteristics and amenities to choose from in order to better target your search. Here is a checklist we have put together to help you narrow down some of those items that are most important to consider when making your decision. Location: Demographics, population, crime levels and cost of living. Local real estate markets, including market trends, and long-term investment potential. Transportation, including ease of driving your own car, public transportation, and airports. State and local taxes, including state income tax, property... Continue reading

In the world of seniors there are two different groups and these 2 groups have key differences. Younger seniors are defined as ages 50-64 and older seniors are 65 and older. And depending on which group you are in, your needs are quite different according to a survey sponsored by the Senior Advantage Real Estate Council® (SAREC®). There are a couple of other very interesting statistics regarding the real estate buying habits of seniors. 82 percent of senior homebuyers stay within their home state Nearly half of all seniors use the Internet as part of the homebuying process Of those... Continue reading

The drop in advertising by local businesses has claimed another casualty. Radio station WAGE 1200 based in Leesburg has suspended operations. The station tried several different formats and models in the last 4 years but local advertisers were turned off... Continue reading

I just found out that the Loudoun Easterner has ceased to exist. Ironically I found out while reading the Loudoun Independent. Started in 1968, it published its last paper on July 22. The reason I started writing a blog was... Continue reading