Tag: Real Estate Market

2017 Market Review: Brambleton Real Estate

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.

2017 brambleton market real Estate review

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! 

2017 2018 JS Realty Team jsrealty4u real estate
JS Realty Team Co-Founders Scott Koval & Sarah Taylor

Infographic: Loudoun County Real Estate Update

An Infographic about the 2016 Real Estate Market 

Our infographic shows how the Residential Real Estate market stayed strong through the end of 2016. And that carried over into the new year! Despite interest rates rising slightly during the 1st Quarter of 2017, the market stayed steady. Buyers competed against a low inventory of homes on the market through our unseasonably mild winter. As Spring arrived in full force more homes are being listed For Sale.

real estate jsrealty4u market update infographic

As you can see, 6,275 homes were sold in Loudoun County during 2016, which was up 5% over 2015. Single Family homes sold for an average of $609,994. Townhomes sold for an average of $408,173. Again, these were an increase over the previous year. And we expect this upward trend to continue as the market stays strong and steady.

As of April 25th of this year, there were 1,241 homes for sale in Loudoun County. Interest Rates are at the lowest they’ve been all year which makes now a great time to buy and sell Real Estate! Are you interested in getting pre-qualified for a home loan or refinancing a current loan? Contact our trusted friend and Lender, Keith Harris at Intercoastal Mortgage by clicking here or call (703) 259-0788.

The JS Realty Team @ Samson Properties is excited to offer sellers a $7,500* Rebate! Contact our Expert Agents today to learn how we can save you REAL CASH.

*Rebate based on $500,000 sale at 6% commission.

Keith Harris at Intercoastal Mortgage Company
NMLS ID # 838973
Company NMLS ID # 56323
(www.nmlsconsumeraccess.org)
Intercoastal Mortgage Company is an Equal Housing Lender.

Word of the Week: Appreciation

Understanding What “Appreciation” Means in the Real Estate Industry

Appreciation is the increase in the worth or value of property. Investors generally buy property for two reasons – income production and appreciation potential.

jsrealty4u appreciationThe purchase of a home usually is the single greatest investment most people make in their lives. It’s important to look at one’s home as an investment, and understand what drives the value of the property in order to find opportunities that maximize wealth. Given the unpredictable nature of the real estate market, what should you know about home appreciation before you buy?

Location, Location, Location

jsrealty4u appreciation mark twain real estate land

As the population steadily increases, the demand for land grows as well. The supply of land on this planet is limited, and its price increases as the population does. Home buyers should focus more on how purchasing a property in a specific location will appreciate over time, versus the physical attributes of the home itself. This is a difficult task for buyers who are expecting to spend a significant amount of time in the home. However, almost all homes can be improved as time goes by and can provide a significant return on the investment – if they’re located in an area of high demand.

Current & Future Amenities

Local amenities are great, and definitely a key factor when choosing a property to purchase. But what about the future prospects for commercial and/or governmental development in the area? Future schools, hospitals, traffic patterns and other public infrastructure will have a big influence on land values, as well as current and future development of commercial amenities in a particular location.

jsrealty4u real estate construction appreciation

Unfortunately, whether your home will appreciate over time is mostly out of your control. The residential real estate market has a natural ebb and flow between being a buyers’ markets and a sellers’ markets.

With so much information and advice out there, it’s hard to know for sure where your property fits into the mix. The JS Realty Team is a great resource when it comes to buying and selling residential real estate. If you’re curious about the appreciation of your current home, contact our Expert Realtors today! They proudly offer FREE Home Analysis and Consultations for Buyers, Sellers, and Investors.

Loudoun Brambleton JSRealty4U Appreciation
The JS Realty Team @ Samson Properties

Loudoun County and Silver Line Update

Changes coming to Loudoun County by 2021 with the addition of Metro

As of July 2016, Phase 2 Construction of extending the Silver Line metrorail into Loudoun County reached 30 percent completion! The design itself is virtually complete, according to information supplied by the Dulles Rail Project team to the FTA this summer.

Photo Credit: Mgueylee
Photo Credit: Mgueylee

Silver Line Update

Construction continues at station and support sites, and a mass excavation is underway at the site of the Loudoun Gateway Station. Project crews are continuing to widen roads, shift lanes, pave and stripe. Crews are also performing utility work and other construction for the Silver Line at the same time.

With this in mind expect lane, road, and ramp closures. Several highly trafficked roads will be affected in Loudoun & Fairfax Counties. They include: Dulles Toll Road, Dulles International Airport Access Highway, Autopilot Drive, Rudder Road, Dulles Greenway, Route 28, Centreville Road, Sunrise Valley Drive, and Sunset Hills Road.

Credit: Dulles Corridor Metrorail Project (dullesmetro.com)
Credit: Dulles Corridor Metrorail Project (dullesmetro.com)

The Future of Loudoun County

The Silver Line Metrorail is expected to be completed by 2021. Most noteworthy, by that time the County is anticipating the addition of almost 50,000 residents, 25,000 jobs and over 16,000 new homes. This begs the question: will these residents, jobs, and homes bring new opportunities or more challenges to the County?

To best address this question, the Loudoun Chamber has assembled the region’s top Real Estate and economic development experts. Dubbed “Loudoun 2021”, this discussion on the future of the County’s economy and Real Estate market will take place on September 14, 2016. Loudoun 2021Loudoun 2021 will feature local Real Estate experts for a panel discussion focused on the county’s major development corridors. Anirban Basu of the Sage Policy Group will be giving the keynote presentation. Click Here for additional details and event registration.

Interest rates are at an all-time low, which makes now the perfect time to sell or buy a home. Contact Us today for a FREE consultation! Whether you need help to Buy, Sell, Rent, Manage, or Invest, we have the Real Estate solution for you.JS Realty Team Summer 2016

2016 Brambleton Real Estate Market Review

How did the 2016 Brambleton real estate market fare? And what can you expect in 2017?

This handy infographic illustrates how the Brambleton Real Estate market fared in 2016 compared to 2015.

Brambleton Bram Infographic Real Estate 2016 JSRealty4U

While 315 homes were sold in 2016, it is down 11% from the previous year. In 2015, 354 homes were sold during the same time period (Jan-Dec). On a positive note, this year homes spent less time on the market and had higher sales prices than homes sold in 2015.

Looking ahead – Brambleton in 2017

Sales begin in January of 2017 for Birchwood at Brambleton – low maintenance condominiums, courtyard homes and villas by Miller & Smith and Van Metre Homes. Prices start from the $300’s.

“Brambleton Town Center” is the new townhome community by Van Metre Homes. Located in the heart of the town center, construction begins in the Spring of 2017. They will offer 3 distinctive and different townhome designs with an urban and contemporary feel.

Phase 1 is already under construction and 75% sold out at Downtown Brambleton. Also located in the town center, Downtown Brambleton by Knutson features 4-story elevator townhomes with a “Yard in the Sky.”

The JS Realty Team offers FREE home analysis & consultations and a
4.5% FULL Service Listing Fee (total Real Estate commission).
Whether buying, selling, or investing, we can lead you to great real estate solutions in 2017.  Schedule your FREE no obligation consultation today!