Maryland and Virginia real estate network for home buyers

Sales at the New Town Center lots for sale by Craftmark Homes, Michael Harris Homes and Ryan Homes have been slow and we believe that some good opportunities are there for our home buyers. In fact, we promise a good opportunity because Homefinders.com offers a 1% REBATE to new home buyers in Lovettsville. BASE prince for these home in Lovettsville start at $389,900 and inventory is available.   Base price for Michael Harris homes in in the $500K range.  Expect numerous upgrades. 

There are also about 6 foreclosed / bank owned properties offered for sale in Lovettsville.  These are properties that were purchased for investment purposes anticipating a significant gain for the purchaser following completion of the house and settlement.  Unfortunately, the market stalled before their property was completed and buyers were no longer interested in buying properties that were priced at the top of the market price.  Northern Virginia has a number of homes for sale in inventory representing investor built properties that are now competing with home owner occupants for buyers.  Often the investment properties were purchased with little to no down payment loans and the investor buyer were not able to sell for what they paid for the properties. 

This should all shake out when the bank owned properties are slashed in price to meet the market.   

DETACHED SINGLE FAMILY HOMES IN ASHBURN, VIRGINIA
THERE ARE 231 ACTIVE LISTINGS OF HOMES FOR SALE IN ASHBURN, VA
INVENTORY IS AT AN ALL TIME HIGH AND THERE ARE GOOD PRICES TO BE HAD FOR OUR HOME BUYERS IN LOUDOUN COUNTY. 

  Typical of homes in Ashburn Virginia

Homefinders.com received a phone call today from a builder who has new home sites in Lovettsville, Virginia.  This is a site that we previewed about 3 weeks ago in New Town Lovettsville.  Single Family Homes in the 2000 square feet to 2500 square feet range.

The builder called to let me know that they have dropped all of the prices by $20,000, from $390,000 to $370,000 and from $400,000 to $380,000. 

They have also reduced the prices of upgrades by 50%.  Finally, they are offering $10,000 towards closing. 

All together, along with the Homefinders.com REBATE of 1% of the purchase price, this is a great opportunity to have a new home in Lovettsville within walking distance of the New Town Center. 

Black Oak Estates in Western Loudoun County.  Only the best new homes in Loudoun County for you.  We can help.  Our new home specialists are meeting with builders weekly to review new inventory, get new floor plans and elevations.  We also search for good lots almost daily.  Every good home starts with a good lot. 

Fantastic Homes from one of the most respected builders in Northern Virginia.
Homes priced from the $800,000 range. 

These are luxury home sites on wooded lots with views of the mountain ranges to the north and west.  Private home sites on a quiet cul-de-sac with rolling hills to frame your lovely new home.  

Special features include 9 ad 10 foot ceilings, Corian kitchen counter tops with marble upgrade, large owner’s suite with separate sitting room and luxurious garden bath with separate shower, soaking tub (whirlpool upgrade), gourmet kitchen and the best transferable structural warranty offered by any builder. 

SOLD:  Detached Single Family Homes in McLean, Virginia in March.  The McLean luxury home market is the most viable in the Northern Virginia real estate in 2007. 

There were 67 single family detached homes in McLean that settled in from January 1, 2007 through March 24, 2007.  The average time on the market for the average McLean home was 94 days.  The average price for single family detached homes sold in McLean was $1,430,596.  The lowest price McLean home sold January 1 through March 24, 2007 was $574,990.

The highest price for single family homes in McLean Virginia real estate SOLD from January 1, 2007 through March 24, 2007 was $5,995,000, a lovely custom estate home in The Reserve in McLean, a gated community of luxury estate homes in Fairfax County. 

Other home sites available in The Reserve include homes priced from $3,550,000 to $19,500,000 for a custom estate home constructed on a premier site.  The home will offer 20,000 square feet of living space.  The plans for this home in The Reserve include indoor and outdoor pools and luxury beyond anything in the area. 

To view this home site, meet the builder and review the plans for this home, contact Lenn Harley with Homefinders.com, 800-711-7988.  Mention “The Reserve” and we’ll be prepared to show you the ultimate in homes in McLean and throughout the Maryland and Virginia area. 

MARKET STATISTICS FOR January and February 2007

SALES FOR HOMES IN THE MARYLAND AND NORTHERN VIRGINIA REAL ESTATE MARKET
FEBRUARY 2007 COMPARED WITH JANUARY 2007 and the Days On The Market (DOM).

COUNTY SALES REPORTS FOR PROPERTIES IN MARYLAND
The average price for homes sold in Anne Arundel County MD in January 2007 was $412,344, DOM 112.
The price for homes in Anne Arundel County sold in February was $437,285, DOM 112.

The average price for homes sold in Baltimore County MD in January 2007 was $296,455, DOM 79.
The price for homes in Baltimore County sold in February was $291,338, DOM 79.

The average price for homes sold in Carroll County MD in January 2007 was $371,038, DOM 98.
The price for homes in Carroll County sold in February was $370,888, DOM 109.

The average price for homes sold in Charles County MD in January 2007 was $346,421, DOM 94.
The price for homes in Charles County sold in February was $373,992, DOM 104.

The average price for homes sold in Frederick County MD in January 2007 was $365,151, DOM 105.
The price for homes in Frederick County sold in February was $343,392, DOM 119.

The average price for homes sold in Harford County MD in January 2007 was $284,817, DOM 93.
The price for homes in Harford County sold in February was $288,956, DOM 98.

The average price for homes sold in Howard County MD in January 2007 was $438,175, DOM 104.
The price for homes in Howard County sold in February was $433,814, DOM 94.

The average price for homes sold in Montgomery County MD in January 2007 was $538,076, DOM 92..
The price for homes in Montgomery County sold in February was $515,371, DOM 96.

The average price for homes sold in Prince George’s County MD in January 2007 was $337.611, DOM 72.
The price for homes in Prince George’s County sold in February was $349,843, DOM 81.

COUNTY SALES REPORTS FOR PROPERTIES IN VIRGINIA

The average price for homes sold in Fairfax County VA in January 2007 was $531,143, DOM 106.
The price for homes in Fairfax County sold in February was $508,545, DOM 113.

The average price for homes sold in King George County VA in January 2007 was $319,420, DOM 143.
The price for homes in King George County sold in February was $305,656, DOM 133.

The average price for homes sold in Loudoun County VA in January 2007 was $556,878, DOM 135.
The price for homes in Loudoun County sold in February was $486,292, DOM 133.

The average price for homes sold in Prince William County VA in January 2007 was $415,447, DOM 125.
The price for homes in Prince William County sold in February was $418,874, DOM 127.

The average price for homes sold in Stafford County VA in January 2007 was $382,631, DOM 104.
The price for homes in Stafford County sold in February was $368,525, DOM 146.

The average price for homes sold in Spotsylvania County VA in January 2007 was $340,880, DOM 99.
The price for homes in Spotsylvania County sold in February was $324,605, DOM 131.

HOMES IN HAMILTON VIRGINIA

There are approximately 45 homes for sale in Hamilton.  About 10 of them are over 100 years old.  There are 15 homes priced under $500,000.  New construction in Hamilton offers lovely homes in the $700,000 to $1,500,000 price range.   Lovely homes