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Here are 2006 versus 2007 sold numbers and percentages regarding Loudoun County foreclosure/REO and short-sale properties:Loudoun CountyREOs/Short-sales Sold*Total Sold*Percentage200619846014.3%2007740316823.4%(2007 is ytd)*sold by contract dateAs you can see, Loudoun County has had a 373 percent...

With all the recent talk about subprime mortgages, foreclosures and government bail outs, the days of comparing Zillow with Trulia with Realtor.com seem to be gone. That's why we'd like to revisit those discussions from the angle of "what's been going on with these three since we lasted talked ab...

Loudoun County officials are projecting a 2009 budget shortfall of $251M (full story here).  The current budget was approved by supervisors last April, at which time they were counting on over 70 percent of tax revenue coming from real estate. With real estate property values and overall activity...

Loudoun County seems to be at the center of media attention when it comes to foreclosures. From local newspapers to Reuters, The Wall Street Journal and others, everyone seems to be writing and talking about Loudoun County and foreclosures. But why are they so focused on Loudoun County? It's beca...

Ashburn Farm in Ashburn, Virginia is a master planned community situated on 1370 acres in the west central part of Ashburn in Loudoun County, Virginia. It's well known for it's abundance of trees, greenery, trails and amenities. The majority of "The Farm" is located on what was originally the Gra...

At the end of last month, I published a post entitled "Borrower Approved, But Property Rejected By Fannie Mae. The Latest In The Credit Crunch". It was regarding a real-life situation currently unfolding with buyer clients I was working with. They had a contract on a property that was initially a...

If you're looking for information and stats about any or all Loudoun County public or private schools, here are two sites that may come in handy:School Matters (by Standard & Poor's) - This site has all the basic data on public schools such as test scores, school and district demographics, all in...

A 500% increase in the Virginia Grantor's Tax approved as part of a 2007 transportation funding package (HB 3202) will take effect January 1, 2008. The Virginia General Assembly and the Northern Virginia Transportation Authority (NVTA) voted earlier this year to increase the rate to a total of $5...

The Associated Press, citing congressional aides who spoke on condition of anonymity, said that the Bush administration has made an agreement with the lending industry to freeze interest rates on certain subprime mortgages for up to five years in order to combat foreclosures. This comes after a ...

Imagine if you were fully approved by a lender to purchase a property, wrote and offer that was accepted and ratified, but then was told at the 11th hour that your loan was rejected because of where the property was located. That's right. It has nothing to do with you or your creditworthiness. It...