Well, we are off at the start of our Spring market - so far starting to look good. The inventory in 20171 for single family homes is at 70 - a little higher than last week - but that would be expected as sellers put their homes back on the market after the Holidays. There were 9 new listings - 3 of which were relisted. The good news is that 4 homes sold - 3 of which were over 600,000. One was at 459,000. The market under 500,000 continues to lag behind because of the heavy competition from the foreclosures. They continue to come on the market $125,000 less than what they were purchased for in 2005. Most of the ones that I have seen are in really rough shape but would be good investments for people on the prowl for deals. Hopefully, the market will continue on this trend. If so, watch fo... 01/14/2008

The market is starting to look a little better. The inventory is down to 82 single family homes for sales in Oak Hill/Herndon. There were 5 new listings - 2 of which were homes relisted at lower prices. There were 3 homes sold this past week - which is better than the week before and we are so much closer to the Holidays. They were on the market 51, 58 and 25 days respectively. As far as the inventory is concerned, we are back at the figures that we had going into 2007 - which is really great news when you think of all the shocks that the bank industry gave us this year. So, hopefully, January will be a more rewarding month for sellers. I wish everyone a Merry Christmas and I hope you all have safe Holidays! See you in January. If you have any questions on whether you should put your ho... 12/19/2007

There were 88 active single family homes going into this weekend for sale in Oak Hill/Herndon. There were 2 homes sold this past week - both having been on the market over 90 days. Also, there were no new lisitngs so the market will probably just continue the same as we go through the holidays. Looking forward to a better market in January. 12/19/2007

I hope everyone had a happy and safe Thanksgiving. The market did not do too much during the week - much as expected. The number of active single family listings in Oak Hill/Herndon is at 98 with 6 new homes coming on the market - one of which was relisted. No homes received contracts this past week - I guess everybody was enjoying turkey and stuffing. Hopefully, we will rally through December - we did last year. 12/04/2007

Well, the market continues to plug along at a snail's pace. This week, there are 90 single family dwellings on the market in Oak Hill/Herndon zip code of 20171. This continues to go down which is a good thing for the sellers competing against themselves. Eventually, the market will stabilize, the buyers will come enter the market and there will not be a lot of inventory to choose from - again, the sellers who can stage their home and price it correctly will win. The reduction is due to the sellers deciding to rent their homes or just sell them at a different time. One home sold last week which was on the market for 172 days. The one thing that I noticed this week, in contract to the last 3 weeks, I had 2 potential buyers call me off ads - that has not occurred in awhile - so, hopefully,... 12/04/2007

We are approaching the holidays - my favorite time of the year - which is a natural slow down period. In 20171, we had 98 active single family listings - down from last week. I believe last year we got to around 85 active listings before the end of the year. Almost all of the reduction is due to sellers taking their homes off the market and renting them or deciding to try at another time. It is a tough time right now. Only one home sold in the last 7 days. There are still 5 foreclosures on the market -so that number is not increasing - which is a healthy sign. Only 2 new homes came on the market. The good news for the sellers is that as the inventory dries up - those sellers with good pricing and show above average will sell. Buyers will find their choices limited. I would think that we... 11/12/2007

The Worldgate Condo Complex is located in Herndon, Virginia.  It's an easy drive to the Reston Town Center as well as the Toll Road.  You'll also find it's close to the Worldgate Shopping Center.            Here is one of the buildings that is part of the Crescent.  The Crescent is a secured entry building with elevators and underground parking.The buildings in the Brighton consist of garden style condos with open air stairwells and assigned parking.Located in the complex you'll find two pools.  And there is on-site management located at 12917 Alton Square.I have helped people buy, sell and rent properties at Worldgate since 2001.  Listings:  12919 Alton Square  #318                           Sales:  12919 Alton Square #410             12919 Alton Square #410                            ... 11/04/2007

The market in Oak Hill/Herndon worsened a little this week. We have a total of 107 listings going into the weekend of the 19th - which is an increase from last week. 3 homes sold last week out of the 107 listings. 12 new listings came on the market - 6 of which were reissued listings. There are total of 6 single family homes in foreclosure that are currently on the market. There still seems to be more buyers out there than we have had in the past 60 days - but still not a lot of sales. We overall are doing much better than Loudoun - so being closer in is a better investment. A home that I sold in 2005 for $539,000 just came on the market as a foreclosure for $389,000. Amazing prices. I think and see the investors are starting to come in and buy the distressed homes. Do you think the mar... 10/23/2007

The market is looking a little better this last week.  We have a total of 103 detached homes in Oak Hill/Herndon for sale - down a little from last week. We had 8 new listings - 2 of which were relisted at different prices.  The good news is that 5 homes sold - up from last week. They were on the market from 6 days to 313 days. What it looks like to me is that the market is trying to hold its own. It seems the traffic thru the houses on Opens and regular real estate traffic is down to 1 or 2 per week. I also think the investors are buying up the foreclosures - which is helping stabilize the market by getting those houses off the market. I think this is true of this area of Fairfax County. I think Loudoun is facing more difficult problems. I showed approximately 75 townhomes in the last ... 10/17/2007

Yesterday, I read an article in one of the newspapers that they throw in your driveway. The article stated that the real estate market in Northern Virginia currently was doing well and that prices had risen slightly. I think they need to ask a seller who is currently on the market what they think before they print their articles. You wonder how much other information in the paper is erroneus or significantly after the fact.  This article was relevant 60 to 90 days ago. We are definitely feeling the affects of the mortgage business today. This time of the year is usually a good time to sell your home but the market has slowed.  In Herndon/Oak Hill, the net inventory of single family dwellings is at 109 homes - up 7 from last week. There were 8 new listings - 5 of which were homes that we... 09/22/2007

ABOUT 27 DETACHED SINGLE FAMILY HOMES in HERNDON THAT HAVE BEEN FORECLOSED, ARE BANK OWNED AND ARE LISTED FOR SALE.Market report for properties that have been through the foreclosure process and are bank owned.  The report below reflects existing detached single family homes in Herndon Virginia in Fairfax County available for sale.  Non-contingent sales are the only offers accepted and all homes are sold "as is".  Buyers may have a home inspection for their own information and banks may negotiate the price based on condition.  There are about 300 detached single family homes listed for sale in Herndon, Virginia.  Of this number, about 33 are bank owned properties that have been foreclosed and now offered for sale.  They are listed for sale in the MLS along with all other resale properti... 09/22/2007

Franklin Farms in Herndon Virginia's best kept secrets!  Franklin Farm is located in Herndon VA on approximately 850 acreas, and has about 1770  homes.  Franklin Farm is ideally located Close to Dulles Airport, Route 50, West Ox Road, and is about 20 miles from Washington DC. Franklin Farm remains a sought after neighborhood in Fairfax Virginia.  Franklin Farm Home Owners Association is also a very active and involved in the community.  Herndon Virginia is also the new home of Volkswagen of America! Find Franklin Farm Homes for sale here 09/10/2007

Herndon VA 7/01//2007 - 7/31/200768 Sold homes in Herndon Virginia in the July 2007 timeframe.  These are single family residences, condos, coops, town homes, detatched and attached homes.  The high price of Herndon homes sold was and estate home not in a subdivision in Herndon Virginia for $1,295,000, and the low price for sale in Loudoun was a condo in Jefferson Mews which sold for $200,000.  For the same time period in 2004, there were 183 sales then. That is twice the amount of sales in 2007. The high price sale in Herndon was $985,000 in Shaker Woods, and the low was $145000 at Jefferson Mews.  In 2005 there were 167 sales in the same timeframe.  The high price sale was $1,379,000 in West Oaks Estates, and the low sale was a condo at Lifestyle  at $214,900.  In July of 2006 there w... 09/10/2007

Yesterdays announcement that Volkswagen of America chose Herndon Virginia as it's new headquarters is a great feather in the cap for Fairfax County and the state of Virginia.  Though Volkswagen will only bring about 400 jobs to Herndon it is still impressive in these slower times for Herndon real estate and home sales in Herndon.  Check out homes for sale in Hendon Virginia.  Herndon Virginia is a great place to live.  It is close to Dulles International Airport, a short ride to our nation's capitol in Washington DC!  Welcome VW to Herndon Virginia!   09/06/2007

A very quiet week going into Labor Day Weekend. The total net single family homes on the market in Oak Hill/Herndon is 93 - about the same as last week - good news with the foreclosures coming on. A total of 2 homes sold this week - which is the lowest that it has been all summer. 8 new listings came on - about the same. Usually this time of the year is our slowest real estate market - due to the summer hot days and vacations. September picks up as we go into Fall - so I will keep you posted. Any comments, please let me know. Since I am posting this a little late, I hope you all had a wonderful and safe Labor Day! 09/06/2007

We are either experiencing the end of summer real estate blues or the finaning issues. The last weeks of August are the biggest beach vacation weeks. This week, we had a slight increase in net listings in Herndon/Oak Hill to 96 single family homes. There were 7 new listings that came to the market but only 2 homes sold for the week. Obviously if only 2 homes sold and we have 96 homes on the market - the months on market for the average home will be 12 months - with 8 homes selling per month.  Only time and hindsight will tell us. The market picks up in Fall - usually mid September.  Enjoy your Labor Day weekend! 08/27/2007

We have had another interesting week in real estate. It sure would be nice to predict what the real estate market will do from month to month. So far, there have been incidences of contracts falling apart because the buyer can no longer get the financing that they had been promised. Eventhough this has affected individual sellers and buyers, it has not flooded the market with additional listings. The local market in Herndon/Oak Hill seems to be doing well. Prices still seem to be stable. There are a total of 93 active single family homes on the market - the same as last week. This shows that the foreclosure market is not affecting the number of new listings coming on the market. There were 7 new listings this week and 8 homes received contracts. All about the same as last week and now a... 08/18/2007

The market was pretty much the same a s last week in Herndon/Oak Hill. We had a total of 92 net single family homes on the market going into this weekend. There were 7 new listings with 7 listings getting contracts - another great week. I have noticed one trend in the last 60 to 90 days and now we have another issue this past week that will, to some degree, affect our real estate market. A pricing disparity has appeared between the over $500,000 market and the under $500,000. I know that this is a result of the sub-prime market imploding. Most of the homes under $500,000 are foreclosures or are pre-foreclosures. They have been dropping in price over the last several months but the non-foreclosure homes are not and they are getting fairly stable prices for their homes.  There are some fo... 08/13/2007

We had a significant drop in inventory going into this weekend in Oak Hill/Herndon. The total number of single family active listings for this weekend is 93. If the inventory continues to drop, buyers will have a harder time finding great homes. Prices on homes in great condition will be stronger. The inventory is now sitting at December 06/early Spring numbers. 9 new homes came on the market this weekend and 4 homes got contracts. This was also lower this week. The four homes were on the market  19 to 175 days - majority selling under 60 days.  Welcome to August. 30 more days and the kids will be back in school. This is the big beach month. 08/06/2007

WIth the fourth of July behind us, the market continues to hold its own. As of Friday, there were 110 net listings on the market in 20171 - up a few from last week. 10 new listings came on the market this week with 6 homes receiving contracts. We continue to maintain the momentum that we have had all year. Prices are keeping firm. August is coming and usually a month that we think of the beach and peole start thinking of getting their children ready for school. September usually picks up for sales. It is a little cooler getting in and out of the car and the children are back in school. A tip for this week - remember to look at the front of your house from a buyer's eyes not yours - you will be amazed at what needs to be done. Most buyers and real estate agents determine how well you tak... 07/14/2007