103 LINCOLN AVE
STERLING, VA 20164
List Price: $305,000
Prior Sale: $525,000 4/17/2006
Listing Date: 09/14/07
-41.9%
43231 CANAL CREEK PL
LEESBURG, VA 20176
List Price: $650,000
Prior Sale: $1,017,860 12/29/2005
Listing Date: 09/10/07
-36.1%
1800 WOODS EDGE DR NE
LEESBURG, VA 20176
List Price: $499,900
Prior Sale: $695,273 11/16/2004
Listing Date: 09/13/07
-28.1%
108 BIRCH ST NE
LEESBURG, VA 20176
List Price: $415,000
Prior Sale: $559,000 03/16/2006
Listing Date: 09/10/07
-25.8%
116 JOHNSON RD N
STERLING, VA 20164
List Price: $374,900
Prior Sale: $500,000 10/30/2006
Listing Date: 09/13/07
-25.0%
123 CONCORD CT
STERLING, VA 20164
List Price: $239,900
Prior Sale: $315,000 06/19/2006
Listing Date: 09/12/07
-23.8%
42423 ROCKSLIDE TER
ASHBURN, VA 20148
List Price: $404,900
Prior Sale: $525,420 02/17/2006
Listing Date: 09/11/07
-22.9%
209 KENNEDY RD S
STERLING, VA 20164
List Price: $350,000
Prior Sale: $450,000 08/31/2005
Listing Date: 09/13/07
-22.2%
25261 DESTINATION SQ
ALDIE, VA 20105
List Price: $409,900
Prior Sale: $525,000 12/27/2006
Listing Date: 09/13/07
-21.9%
340 STALLION SQ NE
LEESBURG, VA 20176
List Price: $310,000
Prior Sale: $395,000 07/06/2005
Listing Date: 09/10/07
-21.5%
108 HOPELAND LN
STERLING, VA 20164
List Price: $341,000
Prior Sale: $430,000 3/28/2005
Listing Date: 09/13/07
-20.7%
1000 GREENTHORN AVE
STERLING, VA 20164
List Price: $380,000
Prior Sale: $475,000 08/28/2006
Listing Date: 09/13/07
-20.0%
806 CATTAIL LN NE
LEESBURG, VA 20176
List Price: $350,500
Prior Sale: $434,900 04/28/2006
Listing Date: 09/13/07
-19.4%
42563 UNBRIDLEDS SONG PL
SOUTH RIDING, VA 20152
List Price: $699,900
Prior Sale: $867,055 08/31/2005
Listing Date: 09/12/07
-19.3%
22365 MAISON CARREE SQ
ASHBURN, VA 20148
List Price: $400,000
Prior Sale: $495,000 01/03/2007
Listing Date: 09/13/07
-19.2%
25211 LARKS TER
SOUTH RIDING, VA 20152
List Price: $449,900
Prior Sale: $552,245 03/02/2006
Listing Date: 09/10/07
-18.5%
42935 CONQUEST CIR
ASHBURN, VA 20148
List Price: $659,900
Prior Sale: $807,010 01/04/2006
Listing Date: 09/11/07
-18.2%
44485 CHAMBERLAIN TER #202
ASHBURN, VA 20147
List Price: $339,900
Prior Sale: $384,649 07/21/2005
Listing Date: 09/12/07
-11.6%
42419 REDSTONE TER
ASHBURN, VA 20148
List price: $419,900
Prior Sale: $474,250 4/11/2006
Listing Date: 04/30/07
-11.5%
42623 GOOD HOPE LN
ASHBURN, VA 20148
List Price: $599,900
Prior Sale: $675,219 08/01/2005
Listing Date: 09/12/07
-11.2%
21731 PINEWOOD CT
STERLING, VA 20164
List Price: $499,000
Prior Sale: $559,000 03/29/2006
Listing Date: 09/11/07
-10.7%
37543 OAK GREEN
PURCELLVILLE, VA 20132
List Price: $599,990
Prior Sale: $670,770 12/30/2005
Listing Date: 09/16/07
-10.6%
601 NATHAN PL NE
LEESBURG, VA 20176
List Price: $459,900
Prior Sale: $505,000 06/01/2006
Listing Date: 09/10/07
-8.9%
416 LILAC TER NE
LEESBURG, VA 20176
List Price: $365,000
Prior Sale: $400,000 12/16/2005
Listing Date: 09/12/07
-8.8%
18316 FAIRWAY OAKS SQ
LEESBURG, VA 20176
List Price: $975,000
Prior Sale: $1,007,093 3/24/2006
Listing Date: 09/14/07
-3.2%
25191 LARKS TER
CHANTILLY, VA 20152
List Price: $474,900
Prior Sale: $489,252 11/06/2006
Listing Date: 09/14/07
-2.9%
42463 HOLLYHOCK TER
ASHBURN, VA 20148
List Price: $325,000
Prior Sale: $325,900 03/18/2005
Listing Date: 09/14/07
-0.3%
100 ROSEBROOK CT NW
LEESBURG, VA 20176
List Price: $599,900
Prior Sale: $600,795 11/01/2005
Listing Date: 09/16/07
-0.1%
Sunday, September 16, 2007
Loudoun County -- On the Market
Posted by Harriet at 11:28 PM
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7 comments:
"Mr Greenspan said he would expect "as a minimum, large single-digit" percentage declines in US house prices from peak to trough and added that he would not be surprised if the fall was "in double digits".
Mr Greenspan said house prices were probably already down about 2-3 per cent from their peak on a national level.
However, he cautioned that it was very difficult to predict how large the ultimate decline would be.
As Fed chairman, Mr Greenspan had talked about "froth" in the housing sector, but never said there was a bubble in the market as a whole. His successor Ben Bernanke has also avoided the word "bubble".
But Mr Greenspan told the FT that froth "was a euphemism for a bubble".
He said he still thought froth – a collection of bubbles – was a better description, because of the variation in house price appreciation in different local housing markets. But he said "all the froth bubbles add up to an aggregate bubble"."
Funny how quickly this has gone mainstream. If Greenspan had said something similar even 6 months ago it would have made headlines. At this point all it is worth is a "duh" from everyone but the real estate true believers.
http://tinyurl.com/ytjua5
I watched a show on CNBC last night about the WORLDWIDE housing bubble.
Here is a link to the show's website; http://www.globalplayers.tv/index.php?id=4
I am sure they will post last night's show very soon. Watch it.
To make a long story short.....
1)The dollar is going to crash.
2)The rest of the world, who purchased mortgage backed securities doesn't care about Main Street America (Yes, folks, there are short sellers who will make bundles off of this mess).
3) Central Banks around the world are preparing for a recession.
4)Credit rating agencies did a poor job....they should have known many of these loans were bad from the get-go and would NEVER get repaid.
Stay tuned....this is going to get interesting.
....
43231 CANAL CREEK PL
LEESBURG, VA 20176
List Price: $650,000
Prior Sale: $1,017,860 12/29/2005
Listing Date: 09/10/07
...
Seriously -- I don't get it. Someone paid >$1,000,000 for a home that BACKS ON TO ROUTE 7! (sorry for caps, but I can't help it).
You'd have to pay me to move into a house in a location like that. I get the impression that many would-be speculators began purchasing properties without too much forethought.
“‘The housing boom is not an American phenomenon — it’s a worldwide phenomenon,’ Mr. Greenspan said. ‘The evidence is quite overwhelming that what we are going through is a consequence of the fall of the Soviet Union and the shift of a billion workers from central planning in to the labor market.’”
“The United States was only one of 40 countries that experience a housing boom after 2000, he said, and all of the booms were driven in part by low interest rates.”
“‘If you line up all the major developed countries and all the developing countries…inflation rates were all in single digits. This is utterly unprecedented, there is no history like this. And the consequence was a fairly dramatic decline in real interest rates, which created dramatic housing price increases around the world.’”
=================================
Panglobal new paradigm!
Oddly enough no word on 20009 being exempt from this global phenomenon...
20009 is close in
This is from A Loudoun Blog
And when these folks do land in a new job, more often than not,the commutes are much further away than the five to ten miles from other parts of Loudoun to Dulles. Yes, going from local to regional commuters adds more cars to already overcrowded roads.
Regardless of what the executives and economic development people say about "keeping a significant presence" in Dulles, AOL seems to be going the way of the company next door. What started out as UUNet, then became MCI and Worldcom, and is now Verizon, is reported to house so few employees that it is a half-empty building.
They invented cities because concentrating goods, services, jobs offered economies of scale.
Granted, the AOL execs are going to New York City and not Washington DC but that still validates the city concept.
"20009 is close in"
And what did median price in 20009 do between August 2005 to August 2007?
What about average price?
Need we go over this again, class? Or is there only one student who's "special"? Okay, maybe two!
"Granted, the AOL execs are going to New York City and not Washington DC but that still validates the city concept."
Still validates the city concept?
lol... do you think anyone is saying cities are going away? Cities are changing... Dulles is part of a city.
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