http://www.LoudounScene.com

A while back, we did an analysis of Zillow and other AVMs to see how accurate they were when it came to determining real estate property values. As we all found out, they were way off. You would think that after having a few months to work out the kinks, they would be accurate by now. Well, the l...

Two major reasons for a decline in long-term local real estate property values are a poor local economy and an exodus of workers and people from the area. These two figures can be seen in a high and/or severe increase in the unemployment rate and a drop in the labor force. Northern Virginia's une...

You read the data, you see the graphs and you hear and watch the media comment on the local real estate market in Loudoun County. But what are the active sellers, buyers and real estate professionals saying? The comments being made by Buyers:"There's not much to choose from!""Why are the last thr...

If you're relocating to the Loudoun County/Washington, DC metro area, you're probably wondering how far your salary will go and how your cost of living be affected. If you're moving from the midwest, you may get severe sticker shock when you see real estate prices as well as taxes, etc. If you're...

The process of buying a home is overwhelming to many, especially first time home buyers. Even veteran home buyers may not be aware of new laws, customs, loan options, technologies and market trends that have changed the home buying process since their last purchase. Being the biggest single inves...

Loudoun County real estate inventory levels continue to remain steady.  Currently there are 2020 homes for sale in Loudoun County.  Levels have been in the 2000 unit range since December.  January was a very balanced month with no increase in inventory levels.  An unseasonably warm beginning of t...