Ashburn VA Real Estate

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Believe it when you see it - Dulles Rail Set to Get Federal Approval

Wednesday, April 30th, 2008

Federal transportation officials are planning to approve the proposed 23-mile extension of Metrorail in Northern Virginia to Dulles International Airport in a letter to Congress today, the officials told local and state authorities yesterday.
Without the federal money, state and local officials have said, the project would die, ending the possibility of a long-sought rail [...]

Loudoun County “McMansions” caught up in Foreclosure Cycle

Monday, April 7th, 2008

The U.S. housing crisis has come to McMansion country.
Just as the foreclosure crisis has hollowed out poorer neighborhoods, “for sale” signs are sprouting in upscale developments so new they don’t show up on GPS navigation screens.
The crisis has hit especially hard in Loudoun County, Virginia, where upscale developments have supplanted horse farms over the past [...]

Loudoun County Sets 2009 Real Estate Tax Rate - Increase

Thursday, April 3rd, 2008

The real estate property tax rate was set at $1.14 per $100 in assessed value. As a result, the average homeowner’s tax bill will increase by an average of $308 or 6.5 percent. The Board of Supervisors approved the fiscal year 2009 budget Tuesday, April 1, totaling $1.6 billion.
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Loudoun Approves Jump in Real Estate Tax Rate

Wednesday, April 2nd, 2008

The Loudoun County Board of Supervisors, struggling with a sudden downturn in the housing market and a population that grows ever larger, approved a 19 percent increase in the property tax rate yesterday that will send the average bill soaring by more than $300 this year. (More…)
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The flavor of the Month is Foreclosure Tours - The Earl Team has been offering tours for Years.

Monday, March 31st, 2008

Tour of Homes, Foreclosures offer by The Earl of Real Estate Team
The latest gimic in the real estate community are bus tours to visit foreclosure properties.
We have been offering tours of homes for years and feel that our approach is done in such a way to protect and serve the home buying consumer.
We don’t just [...]

Northern Virginia Area Reports & Loan Info

Saturday, March 29th, 2008

Buyers’ Dollars Are Going Further
The slowest real estate market in years appears to be translating to nicer houses for Washington area buyers.
Throughout the region, the number of single-family houses and townhouses sold fell sharply last year, dropping by almost a third from 2006…
(More…)
Jumbo Loans Are Reborn, But Terms Are Stiffer
The economic stimulus plan’s new super-size [...]