2017 Market Review: Brambleton Real Estate
A Review of the 2017 Real Estate Market and a look at what 2018 has in store.
Check out our infographic below on how the Real Estate Market fared in Brambleton during 2017.
Looking Back at 2017
Overall, the Brambleton Real Estate market fared well, with 356 homes sold in the community. This is up 13% over the previous year! Homes also spent a lot less time on the market. Brambleton also saw in increase in sales prices for Single Family homes. Townhomes and Condo prices dipped just slightly, down 1.9% and .30% respectively.
Brambleton in 2018
The Brambleton Library is coming along nicely! It’s scheduled to open mid-2018. To follow the progress of the construction or to volunteer for a great cause visit the Friends of the Brambleton Library Facebook page.
Are you old enough for Birchwood? Birchwood is Brambleton’s 55+ Community located off of Loudoun County Parkway, between Shreveport Drive and Creighton Road. Construction continues on this amazing “town within a town” – with gardens, a lake, a clubhouse, and more! Low maintenance homes, condos, and villas will be For Sale beginning in January and February of 2018.
In the Fall of 2017 the JS Realty Team hosted a “Sip & See” tour of 13 of the New Model Homes that opened. It was an exciting weekend touring these beautiful models by Van Metre, Miller & Smith, Knutson, & Winchester Homes. Many of these homes are now available for quick delivery!
If you’re thinking about buying one of the beautiful New Construction homes in Brambleton or Birchwood, don’t hesitate to contact us. We’d love to help you navigate the process of buying New! Don’t forget to ask about our $3,000 New Construction Rebate offer!
Contemplating Selling your home? We offer a 4.5% Cutting Edge, Full Service, Enhanced Listing Fee. Call us today!
On June 24, 2016, England voted to leave the European Union. This 
enerally speaking, when the economic indicators such as the stock market, inflation, and unemployment are positive, mortgage interest rates will rise. When the economic indicators suggest our economy is not prospering, rates will drop.
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So why not go on-line to find a mortgage broker that can offer a low interest rate? Because the rate is only part of the equation. Is the broker charging discount points to be able to offer such a good rate? If there are points involved, the lower rate could results in a worse financial scenario for the borrower.
Sometimes it is important to be able to have a face-to-face meeting between the lender and the borrower. Many borrowers would prefer to hand deliver valuable and sensitive personal financial information versus sending it via email or some other electronic format. In addition, it is also comforting for some borrowers to be able to shake hands with the people that will be making the determination of whether a loan of hundreds of thousands of dollars will be approved.
more difficult. If this is the case, but you definitely want to rent, you should consider using the experience of the Property Management Team at the JS Realty Team. Our Property Management Team will make the managing of your home as stress-free as possible. And if you do plan on returning to the area after a couple of years away, then you need to determine if you are going to want to move back into the same home, or find a new one.
This is another major factor to consider. How tolerant will you be of strangers living in your home? For example, if having your prized landscaping not kept up to your standards would make you upset, you may want to reconsider if renting is right for you. No matter how well you screen your potential tenants, there is still the potential that they will not treat your home like you do. The JS Realty Team performs our due diligence when screening potential tenants and we have had tenants that have left our clients homes in better condition than when they first moved in. On the flip side, we’ve also had tenants that did not fare as well as we would like. You are always taking a chance when you let strangers live in your home.
Earlier this month the JS Realty Team at Samson Properties provided a 
the previous year and units sold are also up +16.88%. The percentages are obviously not as large when compared to Brambleton, but keep in mind we are looking at Loudoun County as a whole, not just one of its most popular subdivisions. When you compare average days on the market in Loudoun County to the previous year you will see a modest increase from 58 in 2014 to 81 in 2015. This can be mostly attributed to the increase in inventory from the year before – classic “supply and demand”. Overall, similar to Brambleton, the whole county is experiencing a market that is on the move in a positive way.
We expect this positive market to continue for the foreseeable future. The JS Realty Team has stayed busy helping our clients achieve their goals through the buying and selling of homes. It has been a great year so far and we look forward to helping even more of our clients in the remainder of 2015.
-Average adult age is 42
interest rates from the low 3% to over 4.5%.
No one can tell for sure what rates will do, but everything I hear and read indicates that interest rates will rise gradually through 2015. We may see rates approaching 4.5% or even higher by the end of the year.
believe that rates will gradually increase. It is also reasonable to assume that rates may rise to the 5% mark by the end of 2015 or the first half of 2016.