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.
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.
What does it mean to “depersonalize” your home? It means making it look as neutral and clutter free as humanly possible. Start by removing any and all personal photography. We know you & your family look great and that picture above the mantel is AMAZING, but a potential Buyer does not really care how cute your kids are, and in fact, it may be a distraction. So go ahead and pack up ALL of your personal pictures. If you have a wall of family photos, that needs to come down too. Consider replacing the images with a large, neutral art piece. Another quicker, easier option is just patching the nail holes and repainting the wall.
Now that you have depersonalized the home, look around at the paint. One of our favorite ways to make a home feel like home, is to add some color to the walls! However, preparing your home for sale is the time to turn your home into a “blank canvas”. Take a quick peek at our previous blog about 
The single most important thing you can do is CLEAN! Then clean, clean, and clean again. Give your house a FULL cleaning – meaning top to bottom. Pay special attention to bathrooms, the kitchen and appliances, the pantry and the refrigerator – inside, underneath, and behind! Cleaning the windows of your home makes a remarkable difference, as well. And if you have screens on the windows, consider removing them and placing them in a safe spot. You would be surprised how bright your home looks with clean windows and no screens.
Walk around the house and repair any of those little nagging items that have been bugging you – a loose toilet seat, the stopper in the bathroom that doesn’t shut, etc. And remember to check and make sure that every single light bulb in the house is working – even the one in the oven!
This gorgeous town home located in the highly sought after 
This area is a commuters dream; walk out your door to a Metro bus stop or use one of the several Metro bus stops throughout the community. This home is less than 5 miles from the Pentagon Metro Station & King Street Metro Station, and just a short drive to Reagan National Airport & Washington DC Walk to the Dash for a direct ride to the Pentagon.
Windows galore fill this freshly painted home with tons of natural light. Find crown molding, chair rail, ceiling fans, and other updates to this beautifully maintained brick home that backs to a common area.
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.
Seems like this would be a pretty easy question to answer, but it really depends on the state that you are closing in, and how that state handles defining the term “settled”, or when escrow has occurred. Most often this has to do with the way the money is funded and disbursed, and how the Deed (the paper work that deems you are the owner of the property) is recorded and recognized in your state. Since we are located in 
the Seller to sell their home and then buy their next home. Physically, though, this can be a real challenge. Offering the Seller to stay a couple of extra days after settlement could be just what they need to make selling their home to you easier. In this case, you (the Buyer) will be offering a “rent back”. This is done through a signed agreement (a Post-Settlement Occupancy Agreement) that states they will stay in the home for a specified period of time, for a certain amount of money, and will be exiting the property on a specified date.
So does this mean you get keys or not? In most cases the Seller will agree to give you one set of keys with the understanding you will not need to access the property until the specified date that they will be exiting the property. Once they have exited the property you will be able to re-inspect the home and take possession based on the terms in which you both agreed to. This is pretty common and often occurs with little to no issues.
Technically it is, however we often do not recommend it due to many various risk factors that could make this a bad idea for both the Buyer and the Seller. There is a possibility that something unforeseen happens and the deal does not go through at the last minute. Or worse, if something tragic happens to the home while the Buyer is occupying it and the Seller is still the owner. This would create a potential insurance nightmare. The reasons this could be a bad idea are numerous, however if you and the Seller are prepared to face these risk and are able to come to mutual agreeable terms, this is an option and does occur from time to time. It would be similar to the “rent back” method and it is called a Pre-Settlement Agreement.
day of the settlement in the event something unforeseen causes a delay.