Market Conditions in Ashburn : Advice

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Stephanie Le…, Real Estate Pro in Miami Lakes, FL
Stephanie Leon PA 786-574-3928 answered:
Hi - I am in a dilemma regarding whether to rent/sell my townhome in Ashburn Village (at Ashburn Village Blvd/Gloucester Pkwy).
First, How Much Is Your Real Gain...

Many people mistakenly believe that their gain is simply the profit on the sale ("We bought it for $100,000 and sold it for $650,000, so that's a ... more
1 vote Share Flag Wed Aug 6, 2014 Market Conditions in Ashburn
Spencer Hayes, Real Estate Pro in 36117
Ashburn, Va.—CBRE Strategic Partners U.S. Value 6, a fund sponsored by CBRE Global Investors, has acquired the Residences at Moorefield Village. The 413-unit Class A property features 29,041 square… Read more
Blogged Fri Jun 28, 2013 by Spencer Hayes Market Conditions Investment Properties
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Unspecified, Renter in Ashburn, VA
Unspecified answered:
I am looking to purchase a condo in Morley Corner at about 334K, is this a good purchase
Jack,

let me say the area is spiking, what will happen in the future who knows. Eric seems to have the best approach, prices are soaring with all the buzz of the Metro. Will it happ ... more
0 votes Share Flag Mon Apr 29, 2013 Market Conditions in Ashburn
Abdul Anwar, Real Estate Pro in Ashburn, VA
Abdul Anwar answered:
In a short sale, what happens if the price of a home is much lower at the appraisal then what the agreed amount was?
In most cases short sales won't get approved. Bank usually orders BPO (Broker Price Opinions) which give them a fair market values.
0 votes Share Flag Wed Feb 27, 2013 Market Conditions in 20148
Abdul Anwar, Real Estate Pro in Ashburn, VA
Abdul Anwar answered:
Purchasing a new townhouse in Ashburn (zip code 20148): 2,660 square feet; 4 bedrooms and 3 1/2 baths. Is $451,775 a fair price?
451K appears to a be good price when you are getting a brand new end unit. Re-sale homes are already selling above 400K in 20148 and inventory is low.
0 votes Share Flag Wed Feb 27, 2013 Market Conditions in 20148
Denis Fahie, Real Estate Pro in Ashburn, VA
Denis Fahie answered:
What're the nearest cross streets shown on Google maps for 21766 Harroun Terrace, Ashburn, VA ? TIA -- C. Cramer, flydad1@gmail.com
The best location would be Trask Pl and Waxpool Rd, it is accross the street from Trask Pl. This is a new Community by Van Metre homes called Broadlands Station. http://www.vanmetrehome ... more
0 votes Share Flag Tue Jan 15, 2013 Market Conditions in Ashburn
Dan Ritchey, Real Estate Pro in Ashburn, VA
Dan Ritchey answered:
Is building a new homes in Ashburn (approx $900,000) overpriced for this area?
Rania,
I was a builder for 25 years before becoming a realtor and the answer to your question is that it depends.
Here is a link to homes sold in the 20147 and 20148 zip codes in the ... more
0 votes Share Flag Fri Sep 21, 2012 Market Conditions in Ashburn
Kelly Cooper, Real Estate Pro in Loudoun County, VA
National Housing Trend Turn-Around? Posted on February 23, 2012 11:45 AM by Kelly Cooper Yesterday there was a bit of good news in the housing industry for the country.  Looks like… Read more
Blogged Thu Feb 23, 2012 by Kelly Cooper Market Conditions Home Buying Home Selling
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Jacob Taylor, Real Estate Pro in Ashburn, VA
Housing in northern Virginia has been strong and continues to strengthen.  While the rest of the country suffers, the DC metro area continues to reap the benefits of the vast amount of government… Read more
Blogged Tue Apr 19, 2011 by Jacob Taylor Market Conditions Home Buying Home Selling
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Ritu, Real Estate Pro in 20151
Since the beginning of the 2010 Loudoun County is once again seeing a tremendous growth in new construction. The trend will continue through the 2011 and years to come. Lot of builders who had hold… Read more
Blogged Tue Apr 5, 2011 by Ritu Market Conditions Home Buying Property Q&A
T Yankov, Home Buyer in Washington, DC
T Yankov answered:
My husband and I purchased a townhouse in Ashburn, VA in 2004. Our home would only sell for 50,000 more than
You should consider the opportunity cost of the built-in equity in your townhouse. If you sell it now, you will not have to pay any capital gains tax on the net profits (up to 500K for ... more
0 votes Share Flag Thu Mar 24, 2011 Market Conditions in Ashburn
Jacob Taylor, Real Estate Pro in Ashburn, VA
This week Inman news, one of the top real estate news sources, released a list of the their top 10 real estate markets for 2011.  Who came in at the #1 spot?  Why, the DC/northern VA metro area of… Read more
Blogged Mon Mar 21, 2011 by Jacob Taylor Market Conditions Home Buying Home Selling
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Jacob Taylor, Real Estate Pro in Ashburn, VA
Sales figures for Loudoun county were updated to show the results for February, and as I expected they are very positive.  Some of the highlights:Sales were up to 272 units, well above last years number… Read more
Blogged Thu Mar 10, 2011 by Jacob Taylor Market Conditions Home Buying Home Selling
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Jacob Taylor, Real Estate Pro in Ashburn, VA
http://money.cnn.com/2011/03/04/news/economy/february_jobs_report/index.htm?hpt=T2Today it was announced unemployment dropped nationally to 8.9%, which is great news!  The northern Virginia area has… Read more
Blogged Fri Mar 4, 2011 by Jacob Taylor Market Conditions Home Buying Home Selling
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Jacob Taylor, Real Estate Pro in Ashburn, VA
There has been a lot of real estate news that has come out the past two weeks about home prices and sales.  Nationaly, the Case-Shiller housing index declined 2.4% over the past year and declined in… Read more
Blogged Thu Feb 24, 2011 by Jacob Taylor Market Conditions Home Buying Home Selling
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Ritu, Real Estate Pro in 20151
Since the beginning of the 2010 Loudoun County is once again seeing a tremendous growth in new construction. The trend will continue through the 2011 and years to come. Lot of builders who had hold… Read more
Blogged Tue Jan 4, 2011 by Ritu General Area Market Conditions Home Buying Property Q&A
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The R&R Team, Real Estate Pro in Herndon, VA
Click here to review Current Real Estate Market Conditions in Northern Virginia Read more
Blogged Mon Dec 27, 2010 by The R&R Team Market Conditions
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Jacob Taylor, Real Estate Pro in Ashburn, VA
Specifically this blog related to northern Virginia, but many of the principles apply elsewhere.Buying land can be a very different process than buying a home, and I have often found that few people are… Read more
Blogged Thu Oct 21, 2010 by Jacob Taylor Market Conditions Home Buying Home Selling
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Chuck Rifae, Real Estate Pro in Leesburg, VA
June 2009 - Market Update If you compare the numbers from January thru May it appears that we are in a stable market. The May numbers in all catagories are nearly equal. Year over year average… Read more
Blogged Tue Jun 23, 2009 by Chuck Rifae Market Conditions
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Jackie Hagen…, Real Estate Pro in Virginia
Jackie Hagenston answered:
Sell or rent dillema
Risk is a very personal thing. The other posts raised some valid questions---your next steps, if you are comfortable with and completely understand what you are taking on becoming land ... more
0 votes Share Flag Thu Mar 26, 2009 Market Conditions in Ashburn
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