October 2009 Archives
Back by popular demand is the Affiliate Committee's annual vineyard outing. This year the committee will be hosting their event at the new Dry Mill Vineyards in Leesburg on October 22nd from 5 to 7:30 p.m. The event is open to REALTOR(R) members free-of-charge. Attendees will receive tickets for two free glasses of wine. Hors d'Oeuvres will be provided, and Dave Pepper will provide music.
What happened to Fall? It seems like we skipped right over to winter weather. Hopefully all this chilly weather is getting you in the mood to take advantage of some great deals at the 18th Annual DAAR Charity Auction and Dinner just in time for the winter holidays.
By: Rosemary deButts, REALTORĀ® and DAAR Housing Analyst
DAAR published September's existing home sale indicators in
Loudoun County this week. The monthly report reflects a healthy market with increasing stability. Loudoun continues to suffer from too little supply. Following seven consecutive months of declines, the number of active listings declined again in September 2009 reaching a longtime low of 1,204 units as of October 1st. Compared to the same month in previous years, the number of active listings in September was down 57% from 2008, -67.9% below 2007 and 71.1% below the total in 2006. In the last six months the month-over-the-year decline has ranged between 56% and 60% indicating a sustained level of market constraint.
