Archives for February 2013

Come Home to Kincaid Forest Leesburg VA

Kincaid Forest Leesburg VA 

Why Do People Live Here?

Kincaid Forest Leesburg VA is a picturesque neighborhood of single family homes and town homes conveniently located at the intersection of Battlefield Parkway and Kincaid Boulevard, less than a mile from Route 7. It’s not uncommon to see tennis players on the subdivision’s courts when the weather is nice and kids sledding down snow-covered hills in the winter.  The Dulles Greenway, which gives commuters access to all parts Northern Virginia and the Metropolitan Washington region, is less than 2 miles away. With grocery shopping, the Leesburg Corner Premium Outlets and a number of restaurants just a short drive away, Kincaid Forest offers many conveniences making it a sought-after Leesburg VA community.

Looking for a Home in Kincaid Forest?

http://kelly.loudouncountylivingllc.com/listings/areas/5494/subdivision/kincaid+forest/propertytype/SINGLE,CONDO/listingtype/Resale+New,Foreclosure+Bank+Owned,Short+Sale/

Interested in homes for sale in Kincaid Forest Leesburg? Click the link to find all the currently available homes in this area of Leesburg VA.

What’s the Neighborhood Like?

Single family homes in Kincaid Forest in Leesburg VA run approximately 4,000 square feet with the larger floor plans having six bedrooms.  Town homes generally run between approximately 1,200 square feet up to nearly 3,000 square feet with the largest floor plans having 4 bedrooms. The homes in Kincaid Forest were originally built starting in 2002 by Winchester Homes. More recently, M/I Homes built a new section of town homes in Kincaid Forest in 2010.  The neighborhood is surrounded by trees and offers a park with a picnic pavilion, miles of walking trails, and backs to the popular W&OD Trail.

What’s going on Nearby Kincaid Forest Leesburg VA?

Only 2 miles away from Kincaid Forest in Leesburg VA residents enjoy shopping, dining, and movie-going at The Village at Leesburg which includes among other places, Wegmans and Cobb Village 12 Cinemas.  A little over a mile away, Kincaid Forest residents will find an urgent care center, grocery shopping, fast food and casual dining options. Find out about everything that is nearby Kincaid Forest including places of worship, banking, shopping, attractions and recreation and much more on my website.

What schools will the Kids Attend? 

Kincaid Forest subdivision in Leesburg VA is served by Cool Spring Elementary, Harper Park Middle, and Heritage High School.   To get local school scores and more information about these schools check out the Leesburg school reports on my website.

Now you Really Want to Buy a Home Here, Right? 

If you are interested in the current homes for sale in the Kincaid Forest subdivision of Leesburg VA click on the link.  My For Sale property information is a direct feed from MRIS, the nation’s largest MLS system.

Tavistock Farms Homes

Tavistock Farms Homes

Why do people want to live here?

Tavistock Farms is a community of single family homes and town homes that is located just east of the historic town of Leesburg Virginia. The community is made up of over 500 homes and offer both single family homes and town homes. The community’s convenient location and well thought out design offers home owners a quiet, peaceful neighborhood and all of the conveniences of close by amenities. There are miles of sidewalks and walking trains as well as a private community pool and tennis club. Tavistock Farms consists of 305 single Tavistock Farms Homefamily homes and 213 town homes. The Historic Town of Leesburg is located just a couple of miles to the east and is considered one of the best preserved historic downtown communities in the country. Leesburg is listed on the National Historic Register and actually served as the seat of the US government during the war of 1812 when the British burned Washington DC. The Leesburg Outlet Mall, The Leesburg Village Center, and the Lansdowne Town Center are all within a couple of miles of Tavistock Farms and offers home owner’s restaurants, entertainment and much more. The community was developed by Arcadia builders in 1994 and is completely built out. Prior to its development Tavistock Farms was a working farm that was owned and operated form the early 1800’s to the mid 1950’s by the Myers family.

Looking for a home in Tavistock Farms?

Interested in homes for sale? Click that link to see all of the homes for sale in this area of Loudoun County.

Where is Tavistock Farms?

Tavistock Farms is located in central Loudoun County about 35 miles west of Washington DC just off of Sycolin Road. Tavistock Drive is the main through fare and connects the community to Battlefield Parkway and Sycolin Road. The community’s convenient location provided home owners easy access to commuter routes via Battlefield Parkway to the Dulles Connector Road and Route 7. The town of Leesburg is located just to the west of the community.

Where do kids go to school in Tavistock Farms?

School Information

School Information

Loudoun County has one of the best public school systems in the United States.  Cool Spring Elementary School is located at the intersection of Battlefield Parkway and Tavistock Drive. Middle Schools age children will attend Harper Park Middle School and High School Aged kids will attend Heritage High School. If you are considering a home in Tavistock Farms please check the Loudoun County Public Schools website for the most current information on school districts. For more information on local schools please follow this link. 

What are the homes like here?

Tavistock Farms is a community of single family homes and town homes of a traditional or colonial style. The single family homes range from 3-5 bedrooms and approximately 2281 to 4144 above grade finished square feet of living space and the town homes range from 3-4 bedrooms and 1584 to 2036 above grade finished living space. Over the previous 6 months the average sale price for single family homes was $510,178 and the average sales price for town homes was $322,756.

Are you ready to find a home in Tavistock Farms?

If you are considering moving to Tavistock Farms and would like to see the current listing of homes for sale, click on the links, Tavistock Farms Homes for Sale.

Living in Lansdowne, VA

Lansdowne Neighborhood Features

Lansdowne on the Potomac is a family-friendly community located nearby the four-diamond Lansdowne Resort in Leesburg, VA.  The neighborhood is convenient to Rt. 7, Rt. 15, the Dulles Toll Road and downtown Leesburg.  The area is a mix of both residential and retail with a variety of amenities for residents including a championship golf course.

Surrounded by vast, manicured open spaces and naturally wooded areas, Lansdowne on the Potomac also has water activities such as canoeing and kayaking on Goose Creek or the Potomac River.

First time homebuyers looking for a condo or townhouse can find prices start from the low $300,000s.

Living in Lansdowne

Lansdowne on the Potomac features condominiums, townhouses, single family homes and luxury retirement apartments (Leisure World).   The town center features all the necessary conveniences including a Harris Teeter grocery store, shops, and restaurants.

The focal point of the community is the extensive Potomac Club complex. Residents can enjoy:landsdown town center

  • 25 meter indoor pool, heated whirlpool and locker rooms;
  •  outdoor pool with spa;
  •  exercise and aerobics rooms;
  •  business center with computers;
  •  meeting rooms;
  •  ballroom facility;
  •  game room with pool table, television, air hockey table, foosball and video games.

Events in Leesburg, VA

One of the nice things about living in Loudoun County is that throughout the year, there are a variety of events for families and people of all ages.  Upcoming events in Lansdowne include Casino Night, Easter Egg Hunt, Beerfest and outdoor concerts.  For a complete list of events in the town of Leesburg, visit Livingloudouncounty.com.

It’s a great time to purchase a home.  If you are interested in learning more about homes for sale in Lansdowne on the Potomac, call Allison Metzger today at 703-963-0923.

 

Tally Ho: Open Mic Night

 

Tally Ho: Open Mic Night

What is the Tally Ho?

A historical landmark in downtown Leesburg since 1932, the Tally Ho, has been a theater and a preforming arts venue for years. Since its opening, the venue has played popular movies and comedy acts. The Tally Ho has just recently been renovated to include a stage and a balcony. It is now going to be hosting live music and community events. The Tally Ho will also be working with the La Lou Bistro Restaurant to provide patrons with a quality dining experience during performances.

What is Open Mic Night?Tally Ho

Every Wednesday the Tally Ho hosts an Open Mic Night for local artists who want to come and showcase their talents. The music starts playing at 7:00 pm and continues till 10:00 pm. All genres of music can perform. Last week, I attended Open Mic Night and was surprised at the wide diversity of music artists preformed. The food looked divine and the room was full of eager musicians. I experienced everything from old time blues to raging rock and roll at this popular weekly event. This event is as exciting for the performers as it is for the audience who get to experience a variety of sounds from local musicians and bands.

Are you looking for a home in Leesburg?

Beautiful historic homes in Leesburg are available now.

Who can participate?

At the Tally Ho all genres of music and people of any age are welcome to perform. They have a few guitars to use but they recommend that you bring your own instruments. If you want to sign up, you can do so Wednesday afternoon at 6:30 pm, first come first serve. Every performer can play up to two songs of their choosing and original songs are also highly encouraged. Also, solo acts and duets are recommended.

What else is there to do at the Tally Ho?

There is a plethora of shows and bands coming to Tally Ho soon! On March fourteenth they are having a popular band Dangermuffin playing and shortly after that on the twenty third they are having a Led Zeppelin Tribute Band preform. Many more exciting events are sure to be coming soon. Also in the downtown Leesburg area surrounding the Tally Ho, there is an abundance of shops, bars, and restaurants. You can have lunch at the quaint Lightfoot Restaurant and go shopping for old finds at the Black Shutter antique store.

Want more information about the Tally Ho and upcoming events?

You can access the Tally Ho here. Or contact us directly at 703-881-6051 Loudoun County Living LLC.

Housing Market Rates and Reports

Snapshot of The Market

 

Mortgage Rates Hold Steady

Following last week’s large rally, it was a relatively quiet week for mortgage rates. In the economic reports released this week, inflation remained low and the economic growth data was mixed. Mortgage rates ended the week with little change.The economic report which received the most attention this week was Retail Sales, which represent roughly 70% of economic activity. March Retail Sales declined 0.4% from February, which was weaker than expected. Since the beginning of the year, investors have been concerned that consumers would scale back their spending due to the payroll tax increase, the sequester cuts, and higher gas prices. Combined with the weak March Employment report released last week, the question is how quickly the economy will grow for the rest of the year. Looking at the averages for the first three months of the year, Retail Sales growth and job gains were fairly strong even with the weakness in March.

The FOMC Minutes from the March 20 Fed meeting were released on Wednesday and contained a bit of a surprise. The minutes revealed that, due to improvement in the economic outlook, there was growing support for scaling back the Treasury and mortgage-backed securities (MBS) purchase program, beginning as soon as this summer. The impact of this news on mortgage rates was limited, however, since the Fed meeting took place before the weak March Employment and Retail Sales reports were released. The recent data reduced investor concerns about an earlier than expected end to the bond-buying program. The minutes were a reminder that the economic data in coming months will determine the timing of Fed policy changes, meaning that volatility around major economic reports likely will remain very high.

Job Gains Fall Short

A wide range of economic news was favorable for mortgage rates this week. The Employment data was weaker than expected, Japan expanded its bond-buying program, and tensions with North Korea increased. As a result, mortgage rates ended the week significantly lower.Friday’s Employment report was disappointing in nearly every area. Against a consensus forecast of 190K, the economy added just 88K jobs in March. Average Hourly Earnings, a proxy for wage growth, was flat from last month. Digging deeper, the small bit of good news was that the data from the prior two months was revised higher by 61K jobs. This was far outweighed, however, by the bad news in the details of the Unemployment Rate. The Unemployment Rate unexpectedly dropped from 7.7% to 7.6%, but the decline was entirely due to people exiting the labor force. It is good for the economy if the Unemployment Rate declines because more people get jobs, but not if the cause is a shrinking labor force. Weak labor market data reduces future inflation expectations, which is good for mortgage rates. In addition, it likely extends the duration of the Fed’s bond-buying program, which is also good for mortgage rates.

Thursday, the Bank of Japan announced that it will sharply ramp up its bond purchases to levels which will add $1.4 trillion to its balance sheet over the next two years. Like the Fed, the BOJ is buying bonds to help boost the economy. This added demand for Japanese bonds caused their yields to decline, making US bonds relatively more attractive to global investors. This benefited US mortgage-backed securities (MBS), which helped push mortgage rates lower.

Cyprus Reaches Bailout Deal

It was a relatively quiet week. Mixed US economic data had little impact. Events in Europe were the main influence on mortgage rates. Investors grew more concerned that uncertainty in Europe could slow the pace of global economic growth. As a result, mortgage rates ended the week a little lower.The bank problems in Cyprus raised broad questions about the relationship between the troubled countries and the stronger countries in the European Union (EU). Early in the week, Cyprus reached an agreement to receive an EU bailout package for its banks. The terms of the aid highlighted the growing reluctance of Germany and the other healthier countries to use taxpayer funds to provide aid to the weaker countries. Investors are concerned that this may slow the implementation of unpopular reform measures intended to boost economic growth in the troubled countries. Adding to the uncertainty, Italian leaders have made little progress in forming a coalition government, making it very difficult for the third largest country in the EU to do anything to improve its economic situation.

So why is political and economic uncertainty in Europe positive for US mortgage rates? Since US companies conduct business in Europe and export to Europe, slower growth there will be a drag on the US economy as well. This results in reduced expectations for future inflation, which is good for mortgage rates. In addition, the duration of the Fed’s MBS and Treasury purchase program depends on the strength of the US economy and the labor market. Weaker growth and lower inflation could justify Fed purchases for a longer period of time, providing an extra benefit for mortgage rates.

Cyprus Reaches Bailout Deal

It was a relatively quiet week. Mixed US economic data had little impact. Events in Europe were the main influence on mortgage rates. Investors grew more concerned that uncertainty in Europe could slow the pace of global economic growth. As a result, mortgage rates ended the week a little lower.The bank problems in Cyprus raised broad questions about the relationship between the troubled countries and the stronger countries in the European Union (EU). Early in the week, Cyprus reached an agreement to receive an EU bailout package for its banks. The terms of the aid highlighted the growing reluctance of Germany and the other healthier countries to use taxpayer funds to provide aid to the weaker countries. Investors are concerned that this may slow the implementation of unpopular reform measures intended to boost economic growth in the troubled countries. Adding to the uncertainty, Italian leaders have made little progress in forming a coalition government, making it very difficult for the third largest country in the EU to do anything to improve its economic situation.

So why is political and economic uncertainty in Europe positive for US mortgage rates? Since US companies conduct business in Europe and export to Europe, slower growth there will be a drag on the US economy as well. This results in reduced expectations for future inflation, which is good for mortgage rates. In addition, the duration of the Fed’s MBS and Treasury purchase program depends on the strength of the US economy and the labor market. Weaker growth and lower inflation could justify Fed purchases for a longer period of time, providing an extra benefit for mortgage rates.

Retail Sales Surge

The economic growth data released this week was mostly stronger than expected, which normally would push mortgage rates higher. After a large increase last week following strong Employment data, however, rates instead recovered some ground and ended the week a little lower.

This week’s economic data continued to demonstrate improvement in the economy. February Retail Sales jumped 1.1%, which was far above expectations. Retail Sales are closely watched because they account for roughly 70% of economic activity. There has been concern that higher payroll taxes and rising gas prices will slow consumer spending, but there have been few signs of this so far. February Industrial Production showed stronger than expected gains as well, and Capacity Utilization rose to the highest level since March 2008. Weekly Jobless Claims dropped sharply, and Continued Claims declined to the lowest level since the middle of 2008. This kind of strong economic growth should support continued improvement in the housing market.

The headline monthly inflation reports reflected large increases due to rising gas prices, but core levels remained well within the Fed’s comfort zone. The February Consumer Price Index (CPI) rose 0.7% from January. By contrast, Core CPI, which excludes food and energy, increased just 0.2%. Fed officials prefer to look at core readings of inflation, which exclude the most volatile components and present a better indication of long-term trends. According to the Fed statement, core inflation levels below 2.5% do not pressure the Fed to scale back its bond purchase program, which has helped keep mortgage rates low. This month, Core CPI was 2.0% higher than one year ago, while the Core Producer Price Index (PPI) was even lower at 1.7%.

Unemployment Rate Declines

Unexpected strength in the labor market was seen this week. The good economic news lifted the Dow stock index to a record level, but it also pushed mortgage rates higher.Mortgage rates climbed on the days leading up to Friday’s Employment report and rose even higher after the figures were released. Against a consensus forecast of 170K, the economy added 236K jobs in February. The Unemployment Rate declined from 7.9% to 7.7%, the lowest level since December 2008. Average Hourly Earnings, a proxy for wage growth, increased modestly from last month. In short, today’s data exceeded expectations nearly across the board.

The growth in the labor market is a major component of a broader improvement in the US economic outlook. Recent manufacturing, Durable Orders, and Retail Sales reports have also reflected a pickup in economic growth. This has resulted in an increase in Consumer Confidence and Consumer Sentiment, as well as higher stock prices. For the housing sector, the positive economic news increases the ability and the willingness of people to buy homes. The downside is that stronger economic growth generally causes mortgage rates to rise.

 

Trade Deficit Shrinks

Following last week’s packed schedule, there was far less major economic news this week. The global economic data that was released was generally a little stronger than expected. This was negative for mortgage rates, which ended the week a little higher.

The biggest surprise in this week’s economic news came from Friday’s data on imports and exports. The December Trade Deficit declined to the lowest level since January 2010. Exports were higher than expected, and imports were smaller than expected. Since the first reading for fourth quarter GDP used an estimate of the December trade data, the actual results will almost certainly lead to an upward revision. Last week’s release of fourth quarter GDP showed the first decline since December 2009, but economists now predict that it will be revised to show an increase of 0.5%. Stronger growth is great news for the economy, but it raises inflationary pressures and is unfavorable for mortgage rates.

The housing market data released this week also contained good news for the economy. According to the National Association of Home Builders (NAHB), the number of improving housing markets expanded for the sixth straight month in February. The index considers the levels of housing permits, employment and home prices to determine improvement. The latest report shows that 259 of 361 metro regions are improving (roughly 70%), up from just 12 regions in September 2011.

 

Retail Sales Increase

Improving economic growth in the US was negative for mortgage rates this week. This was mostly offset by weakness in Europe and Japan, however. As a result, mortgage rates ended the week just a little higher.The biggest US economic report released this week was Retail Sales. Since Retail Sales account for roughly 70% of economic activity, this report is closely watched by investors and the Fed. Consumer Spending increased at a 2.2% annual rate during the fourth quarter of 2012, but investors are concerned that it may slow during the first quarter due to a number of factors, including this year’s payroll tax increase and rising gas prices. Investors were pleased that the actual results showed that January Retail Sales posted a small increase from December. The full impact of the payroll tax increase may not be seen until February or March, though.The news from Europe and Japan released this week revealed less impressive economic results. Fourth quarter GDP in the euro zone fell short of expectations, declining at a 2.3% annualized rate, the third straight quarter of negative readings. Even Germany, which had remained relatively strong during most of Europe’s financial crisis, dropped at the same 2.3% annualized rate. GDP in Japan was expected to rise during the fourth quarter, but it also declined, for the third straight quarter. In general, slower global economic growth reduces future inflation expectations in the US, which is positive for mortgage rates.

Quiet Week

Following last week’s burst of major economic headlines, which were mostly negative for mortgage rates, there was very little market moving news this week. Mortgage rates reversed a portion of last week’s increases, ending the week a little lower.After last week’s fiscal cliff deal, Fed meeting, and Employment data, this week’s news had little impact on mortgage rates. Very little economic data came out this week, and the results for the Treasury auctions were close to average. A meeting of the European Central Bank (ECB) produced no surprises. In short, after weeks of high volatility, daily mortgage rate movements were relatively small this week.The much anticipated Qualified Mortgage regulation was released this week by the CFPB. This rule, when first proposed, caused concern in the housing industry for how its requirements might overly restrict mortgage availability. As released, though, it should have very little impact on mortgage availability, and much of what will be required under the regulation (when it becomes effective a year from now) is common practice today.

Trade Deficit

Shrinks following last week’s packed schedule, there was far less major economic news this week. The global economic data that was released was generally a little stronger than expected. This was negative for mortgage rates, which ended the week a little higher.The biggest surprise in this week’s economic news came from Friday’s data on imports and exports. The December Trade Deficit declined to the lowest level since January 2010. Exports were higher than expected, and imports were smaller than expected. Since the first reading for fourth quarter GDP used an estimate of the December trade data, the actual results will almost certainly lead to an upward revision. Last week’s release of fourth quarter GDP showed the first decline since December 2009, but economists now predict that it will be revised to show an increase of 0.5%. Stronger growth is great news for the economy, but it raises inflationary pressures and is unfavorable for mortgage rates.The housing market data released this week also contained good news for the economy. According to the National Association of Home Builders (NAHB), the number of improving housing markets expanded for the sixth straight month in February. The index considers the levels of housing permits, employment and home prices to determine improvement. The latest report shows that 259 of 361 metro regions are improving (roughly 70%), up from just 12 regions in September 2011.

 

Economic Data Exceeds Expectations

Positive economic data was the primary influence on mortgage rates this week. Unexpected strength in Retail Sales, Housing Starts, and Jobless Claims combined to push mortgage rates a little higher.Stronger economic growth is great for the labor market and the stock market. Unfortunately, it also increases the risk that future inflation will move higher, so it is generally not good for mortgage rates. Two factors helped contain the increase in mortgage rates this week, however. First, the inflation data released this week showed that inflation is not a problem right now. In addition, Fed purchases of mortgage-backed securities (MBS) provided sufficient demand to keep mortgage rates at low levels.The Housing data released during the week continued to be encouraging. December Housing Starts jumped 12%, well above the consensus forecast, to the highest level since June 2008. Building Permits increased 1%. The January NAHB Home Builder Confidence index remained at the highest level since 2006. The Fed’s Beige Book reported improving real estate conditions in all twelve regions.

 

Housing Ends Year on High Note

The fiscal cliff talks were the primary influence on mortgage rates again this week. A lack of progress on reaching a deal caused investors to shift to safer assets such as bonds. As a result, mortgage rates ended the week a little lower.The housing sector data released this week was again encouraging. November New Home Sales rose 4% from October to the highest level since April 2010 (when the homebuyer tax credit was about to expire). November Pending Home Sales, a leading indicator, also rose to the highest level since April 2010, and were 12% higher than one year ago. According to the NAR Chief Economist, “Home sales are recovering now based solely on fundamental demand and favorable affordability conditions.”Housing ends the year on a definite upswing. Existing Home Sales rose roughly 10% during 2012, and the National Association of Realtors (NAR) forecasts a similar increase for 2013. Total housing inventory of available existing homes is at the lowest level since 2005. The October Case-Shiller 20-city home price index showed an increase of 4.3% from one year ago. In addition, mortgage rates end the year near record low levels, around 50 basis points lower than this time last year.

Fiscal Cliff Talks Drive Mortgage Rates

The fiscal cliff talks were the primary influence on mortgage rates this week. As investor optimism for a deal rose and fell during the week, so did mortgage rates. For the week, mortgage rates ended just a little lower.If no fiscal cliff deal is reached, the spending cuts and tax increases which will occur beginning January 1 are perceived as negative for stocks and positive for bonds. As a result, when comments from political leaders at the beginning of the week hinted at progress, mortgage rates moved higher and stocks gained. The reverse took place later in the week and especially on Friday following the failure in the House to pass the “Plan B” fiscal cliff proposal. The fiscal cliff talks most likely will continue to have a major impact on mortgage rates until a deal is reached.The housing sector data released this week was encouraging. November Existing Home Sales rose 6% to the highest level since November 2009. Total housing inventory of available existing homes declined 4% to the lowest level since September 2005. November Housing Starts declined 3%, but Building Permits increased 4% to the highest level since July 2008. The December NAHB Home Builder Confidence index rose for the eighth consecutive month to the highest level since April 2006.

Mortgage Rates Rise after Fed Announcement

With little progress on the fiscal cliff talks and few surprises in this week’s economic data, the Fed meeting was this week’s big story. Policy changes announced in Wednesday’s Fed statement raised investor concerns about higher future inflation, and resulted in mortgage rates ending the week a little higher.The Fed announcement contained two major policy changes. The first, which was widely expected, is that the Fed will purchase $45 billion per month of long-term Treasury securities beginning at the start of 2013 to replace the Operation Twist program which expires at the end of this year. This will be in addition to the $40 billion of mortgage-backed securities (MBS) the Fed now purchases monthly. The second change from the Fed was not expected. For the first time, the Fed announced that it will keep the fed funds rate at very low levels until certain economic targets are reached. Specifically, the fed funds rate will remain low until unemployment falls below 6.5% and inflation tops 2.5%.Despite four years of extraordinary levels of Fed stimulus, the economic data released this week revealed that inflation is not a problem right now. This week’s data showed that Core CPI, the most widely followed measure of inflation, was only 1.9%. The concern for investors after the Fed statement is that the Fed appears to be willing to tolerate a higher level of inflation in its efforts to boost the economy, and inflation is negative for mortgage rates.

Job Gains Exceed ExpectationsOnce again, investors mostly remained on the sidelines waiting for progress on the fiscal cliff talks and the European debt troubles. Headlines in these areas, along with Friday’s Employment report, caused daily volatility, but mortgage rates ended the week with little change.Friday’s Employment data was stronger than expected. Against a consensus forecast of 90K, the economy added 146K jobs in November. Expected to increase to 8.0% from 7.9%, the Unemployment Rate decreased to 7.7%, the lowest level since December 2008. The decline was due to workers leaving the labor force, however, rather than job gains. Overall, investors feared weaker results, and the news was favorable for stocks and negative for bonds.The last few weeks in December are traditionally a period marked by larger than usual price movements, due to thin trading volume. Usually the flow of news also winds down toward the end of the year. This year, however, there remain several major events which likely will have a significant impact on mortgage rates over the next few weeks, including a Fed meeting, the fiscal cliff talks, and deadlines on the Greek bailout. While there is no way to know what net effect these events will have on mortgage rates, it is reasonable to expect a high level of volatility.

Markets React to Fiscal Cliff Talks

The main influence on mortgage rates this week was the perceived progress, or lack thereof, on the fiscal cliff talks. US economic data and news from Europe had little impact. Investors grew a little less hopeful during the week about a fiscal cliff deal, so mortgage rates ended the week lower.If no action is taken, a series of tax increases and government spending cuts will take effect at the first of the year, known as the fiscal cliff. During the week, political leaders from both parties made a series of statements about the changing status of negotiations to avoid the fiscal cliff. The result for financial markets was increased daily volatility in the stock and bond markets. Opinions vary widely on the level of progress, but investors ended the week with reduced optimism for a deal. As long as the talks drag on, the increased level of volatility is likely to continue.If Congress is not able to reach a deal to avoid the fiscal cliff, economic growth can be expected to slow significantly. However, slower economic growth generally reduces inflationary pressures and is positive for mortgage rates. Therefore, as optimism for a deal rises and falls, so do mortgage rates.

Where is Leesburg VA?

Where is Leesburg VA?

Are you thinking about moving and wondering, where is Leesburg VA?

Leesburg VA is located in Loudoun County and is also the county seat. Loudoun County is in Northern Virginia adjacent to Fairfax County to the east, the state of Maryland and West Virginia to the North, Clark County to the West, Prince William and Fauquier County to the South.  The Potomac River borders the county to the north east between Maryland and Virginia. Leesburg VA is a historic town that was founded by the Virginia General Assembly on October 12, 1758 and is located 33 miles west of Washington DC  just east of the Catoctin Mountains in central Loudoun County.

Are you considering a home in Leesburg VA? Click on the link to see available homes for sale.

So what is Leesburg VA like?

Leesburg is an historic town that is rich in American history that dates back to the settlement of the area inLeesburg VA the 1730’s. The historic downtown was designed in the mid 1750’s and some of the original buildings are still in use today. Downtown Leesburg has an old time feel with streets lined with a mix of old stone and brick buildings, many of which pre date the civil war. The area around Leesburg has seen significant grown along with Loudoun County over the past several decades and has much to offer home owners and visitors to the area. Loudoun County and Leesburg was recently named as the number 1 place to live in the United States for jobs. Living in and around Leesburg VA offers residents a mix of rural farms and estates to the west and the convenience of urban life in and around the developed communities to the east. The rural area to the west of Leesburg is home to the Virginia Wine Country. Western Loudoun County is home to many wineries and farms that offer local wine and produce. The area to the east of Leesburg is much more developed and offers shopping, entertainment and employment centers.

Where is Leesburg VA and what is happening in Loudoun County?

Loudoun County is one of the fastest growing a regions in the United States. The County has seen an 84% increase in population from 2000 to 2010. Loudoun Counties close proximity to our nation’s capitol has attracted many companies to relocate to the area which has provided steady job growth and prosperity for residents.  Loudoun has the highest median income ($107,207) of all counties in the United States and its neighbor to the east, Fairfax County is second. The Dulles Technology corridor in eastern Loudoun County has provided much of this growth. Dulles International Airport, The World Trade Center Dulles Airport, and The Howard Hughes Medical Institute are just as few of the major draws for companies to move to Loudoun County.

Housing in and around Leesburg VA

Leesburg Va. and Loudoun County has just about every kind of housing available there is, from very large Leesburg VA Wineryfarms and estates to the west to and more urban town center style developments to the east. The Leesburg area is home to some of the most exclusive communities in Loudoun County like, River Creek, Belmont Country Club, Raspberry Falls, Beacon Hill, Shenstone and Creighton Farms. The area also has more affordable town homes, single family homes, apartments and condominiums available.

So if you are still wondering, where is Leesburg VA? And you would like more information give us a call a 703-831-7653 or visit our web site at www.loudouncountylivingllc.com.

Loudoun County Equestrian Communities

Loudoun County Equestrian Communities

Loudoun County is home to more equestrian communities and horses that any other county in the state of Virginia. Loudoun is home to over 15,000 horses and is clearly the horse capital of the state. The horses of the Loudoun County are worth over $210,000,000 and contribute over 1000 jobs and close to $3,000,000 in tax revenue to Loudoun and the state of Virginia. Loudoun County is also home to more equestrian events than any other county in Virginia. The Equine Medical Center is located in Loudoun County as well as Morven Park and Oatlands Plantation which provide the largest venues for equine events. Loudoun is certainly one of the most horse friendly places in Virginia.Loudoun County Equestrian Communities

Loudoun County Equestrian Events

The Loudoun County equestrian communities are host to well over 100 local equestrian events every year such as the events at the historic Oatlands Plantation near Leesburg and Fox Chase Farm in Middleburg.  Coming this spring there will be the Loudoun Point to Point Races at Oatlands on April 14th, The Middleburg Spring Races on April 20th, and the Annual Hunt Country Stable Tour in Middleburg on May 26th. There are numerous other equestrian events throughout Loudoun County during the rest of the year.

 Follow this link for Farms and Estates in Loudoun County for sale.

The Point to Point Races at Oatlands Plantation is an exciting event that offers visitors to Oatlands an opportunity to view point to point races covers  a scenic route through the 360 acre historic site. Oatlands offers spectators some of the best up close views as the riders and horses complete a grueling race over numerous obstacles. The event also offers betting for those who wish to gamble on the horses. This event is sponsored by the Loudoun Hunt.

The Middleburg Spring Races also offers spectators fantastic view of hors and ride jumping numerous obstacles in 6 races. A top prize of $75,000 is awarded to the winner of the last race. The event is held at Glenwood Park in Middleburg.Beautiful Heather Knolls Home for Sale

The Hunt Country Stable Tour is held every year in the Middleburg and Upperville area. The area is home to some of the country’s premier thoroughbred and hunter breeding and train farms. The event gives visitors an opportunity to tour these fantastic facilities. The event also hosts a fair/market that will feature all kinds of equestrian arts and crafts.

 So, where are Loudoun County Equestrian Communities located?

The majority of Loudoun County Equestrian Communities are located in central and western Loudoun County however, in Loudoun County if you own 3 acres or more you can stable a horse on your property. There are a couple of new developments like The Hamlet at Wulf Crest Farm that is located close to the town of Leesburg adjacent to Oatlands Plantation and the American Academy Equestrian Sciences that offer new home owners the opportunity to own a horse and enjoy hundreds of acres of ride out without having to stable their horse on their property. Loudoun County is home to the Loudoun Hunt that holds Point to Point Races, Fox Hunting and organized trail rides through out rural Loudoun.  Lees Crossing is an example of one of many horse friendly communities in Loudoun and is located north of Leesburg off of route 15. The areas near Waterford, Hillsboro, Purcellville, Round Hill and Lovettsville offer horse owners many estate style horse friendly communities as well as larger farms and estates.

For more information on  Loudoun County Equestrian Communities contact us at 703-831-7653 or visit our web site at www.loudouncountylivingllc.com.

New Homes at The Hamlet at Wulf Crest Farm

New Homes at The Hamlet at Wulf Crest Farm

Steuart Kret Select Homes is offering new homes at Wulf Crest Farm.

The Hamlet at Wulf Crest Farm is a new community being offered by Steuart Kret Select Homes located just south of the town of Leesburg on Route 15. The community will feature 19 home sites from about a ¼ acre to ½ and acre homes from SK Homes standard and Legacy series models. The standard home models will include The Augusta, The Belair, The Edgemoor and The Valencia. The Legacy Series of home will offer The Kingsmill, The Ravensworth, and The Belmont. The homes will offer several elevations and many options in addition to a generous list of standard amenities. All homes will offer 9’ ceilings on the first floor as well as a full 9’ in the basement. The Belmont model form the Legacy series will feature 10’ ceilings on the first floor. Home sizes range from 3458 to 4034 finished base square feet in the standard models and from 3708 to 4736 finished base square feet in the Legacy Series. Both lines of homes offer upgrades to significantly increase the total finished living space. Prices start in the high $600’s.

Follow the Link to See New Homes for Sale at Wulf Crest Farm

 Do you need an agent to purchase a new construction home? Follow the link and decide for yourself.

The Hamlet at Wulf Crest Farm as an Equestrian Community?

One of the truly unique possibilities at the Hamlet at Wulf Crest Farm is its neighbor, The American Academy of Equestrian Sciences. While the lot sizes in the community will not allow for you to stable a horse on your property, home owners may be able to board their horse at the Academy. The Academy of Equestrian Sciences in one of the premier equestrian training and boarding facilities in Loudoun County and is situated on 116 acres of beautiful Loudoun County farm land. The facility offers extensive ride outs and training of all kinds in its indoor and outdoor facilities. The barn at The American Academy of Equestrian Sciences is a state of the art building second to none in Loudoun County.

So what will you get in a home at The Hamlet at Wulf Crest?

Ravensworth Legacy

The Ravensworth

The Hamlet at Wulf Crest Farm  is offering a generous list of standard amenities. The homes will feature:

  • Brick Front (per elevation)
  • 9’ Ceiling on First Floor
  • Hardwood Flooring on First Floor
  • Wall to Wall carpet on Second Floor
  • Chair Rail and Shadow Boxes in Dining Room
  • 3 pc Crown Molding in Living and Dining Rooms
  • Classique Style Interior Doors
  • Colonial Window Trim with Oversized Baseboards
  • 42” Kitchen Cabinets
  • Granite Kitchen Counter Tops with a stainless Steel Under mount Sink
  • Kitchen Center Island (per plan)
  • 6 x 6 Ceramic Tile in Baths
  • Luxury owners Bath with a soaking Tub
  • Maintenance free Dutch Lap Vinyl Siding
  • Professional Landscaping
  • Asphalt Driveway
  • Flagstone stoops and Porches (per plan)
  • And Much More

 For more information of the list of standard feature at the Hamlet at Wulf Crest please visit their web site.

 Where is The Hamlet at Wulf Crest Farm?

The Hamlet at Wulf Crest Farm is conveniently located 3 miles south of Leesburg Virginia just off of Route 15. The community is bordered to the south by Oatlands Plantation and adjacent to the American Academy of Equestrian Sciences. New homeowners at Wulf Crest Farm will have easy access via route 15 to route 50 to the south and route 7 and the Dulles Greenway to the north.  Beautifully situated on 117 acres of rolling Loudoun County land the Hamlet at Wulf Run Farm will offer you a peaceful get away from the hustle and bustle of northern Virginia and still offer you the convenience of the close by Leesburg area.

 What is Close by?

The Hamlet at Wulf Crest Farm is close by to all of the conveniences of the Leesburg area and the rural farms and wineries of western Loudoun County. New home owners at Wulf Crest Farm will be able to enjoy all of what the farm and winery communities of western Loudoun County have to offer and still have easy access to all of the local shopping and business centers of Leesburg and eastern Loudoun County. The Leesburg Outlet Mall and the Leesburg Village Center are just minutes north and the Dulles Town Center is a short 20 minute drive. There are several local golf courses very close by including Raspberry Falls Golf Club and The Club at Creighton Farms. The Resort at Lansdowne on the Potomac is also just minutes away and also offers golf, dining and a world class spa.

What Schools Will kids go to who live here?

Under the current Loudoun County School boundaries kids who live in the community will attend Sycolin Creek Elementary, J. Lupton Simpson Middle School, and Loudoun County High School. If you are considering a new home at Wulf Crest Farm please check Loudoun County Public Schools web site for the most recent information non school attendance districts.

So, are you ready to by a new home at The Hamlet at Wulf Crest Farm? Call us today at 703-831-7653 or visit our web site at www.loudouncountylivingllc.com to see the active listings of homes for sale at the Hamlet at Wulf Crest Farm.

 

Potomac Crossing Leesburg, VA

Potomac Crossing Leesburg, VA

Why do People Live in Potomac Crossing Leesburg

 Potomac Crossing Leesburg is a beautiful subdivision composed of single-family homes and townhomes located along the Potomac River on scenic Route 15 conveniently located less than 2 miles from historic downtown Leesburg, Va.  It’s not uncommon to see kids playing hockey or football in this this tree-lined neighborhood in the summer or playing in the many tot lots available to kids throughout the year.  The community also offers a swimming pool with a swim team for kids of all ages in the summer.  Adults and kids alike enjoy miles of walking trails not to mention historic Ball Bluff Battlefield Park accessible by the main entrance in Potomac Crossing.  Less than a mile from the popular Leesburg Corner Premium Outlets, Potomac Crossing offers a prime location for anyone looking to enjoy all that LeesburgPotomac Crossing Homes has to offer.

Looking for a home in Potomac Crossing Leesburg?

Interested in homes are for sale in Potomac Crossing Leesburg? Click the link to find all currently available homes for sale in this neighborhood.

What’s the neighborhood like?

At Potomac Crossing Leesburg you can expect to find townhomes with total square footage from 1200 to over 3000 and single-family homes sized from approximately 1,900 square feet to nearly 4,000 square feet. All of the homes were built by Arcadia Builders starting in 1988 and finishing up in 2005. Since building began, many of the homes have been updated and it’s not uncommon to find homes that were built with unfinished basements that now have fully finished basements adding to the square footage of some of these great homes.  The smallest homes in Potomac Crossing start with 2 bedrooms while the larger homes have a maximum of six bedrooms with some of the floor plans offering a bedroom on the main level.  The largest single-family home lot available in Potomac Crossing is nearly a half an acre – not easy to find in neighborhoods with such close proximity to downtown Leesburg .

What’s Going on Nearby the Potomac Crossing Leesburg?

Potomac Crossing is located in the Northeastern section of Leesburg bordering the Potomac River at the intersection of Battlefield Parkway and Route 15.  Horse farms line 15 and scenic Balls Bluff Battlefield Park is adjacent to the subdivision.  There is a new restaurant, the Ironwood Tavern, less than a mile from Potomac Crossing;  not to mention a Target, Kohls, and Costco, to name but a few.  Ida Lee Park and Recreation Center and the Ida Lee Tennis Center are only a short drive or bike ride away. Find out about everything that is nearby to Potomac Crossing including places of worship, banking, shopping, attractions and recreation and much more on my website.

What schools will the kids attend in Potomac Crossing?

 Balls Bluff Elementary school is in the neighborhood itself and many kids walk there while middle school kids are bussed to Smarts Mill on King Street and high school kids attend Tuscarora High, the newest high school in Loudoun County, also on King Street.  To get local score and more information about these schools check out the Leesburg school reports on my website.

Now you really want to buy a home in Potomac Crossing Leesburg, Don’t You?

If you are interested in the current homes for sale in Potomac Crossing Leesburg, VA click on the link.  Our for sale property information is a direct feed from the MLS and is updated multiple times a day.

New Homes at Willowsford VA

New Homes at Willowsford VA

Willowsford VA is the #1 New Home Community in America for 2012

 Willowsford Virginia has been recognized by the National Association of Home Builders as the #1 new community being built in America. This award is of little surprise as Willowsford certainly is one of the most wellWillowsford New Homes planned developments that Loudoun County has seen in some time and offers home owners a community of scenic landscapes and community amenities that are truly unique.  Willowsford will be offering new homes in four villages and will feature homes built by Arcadia Communities, Camberley Homes, Beazer Homes, Integrity Homes, K. Hovnanian Homes, and Van Meter Homes.  The four villages of Willowsford are The Grange, The Grant, The Grove and The Greens and span over 4,000 acres of beautiful Western Loudoun countryside.


Do you need an agent to buy new construction? Click here and decide for yourself.

New Homes being offered at Willowsford VA.

New homes at Willowsford are being built by some of the best new homes builders in the area. Willowsford is divided into four villages that include The Grange, The Grant, The Grove, and the Greens. New homes are currently being offered for sale in all except The Greens. Homes will be situated on lots from 1/4 acre to over 2 acres and range in price from the $500,000’s to over $1,000,000.

The Grange is a beautifully designed area that sits within rolling hills and natural wood lands. The center piece of the Grange is the Sycamore House Recreation Center. The Tenant House, the information center for Wilowsford is also located within the Grange. The community is traversed by Lenah Run and is connected by walking trails that homeowners will be able to access a dog park, Willowsford Farm and a community garden.

The Grant stretches from Evergreen Mills Road to Rout 50. This village features wooded and scenic meadow lands and hedgerows that are so common to Loudoun County and will feature some of the largest lots in Willowsford. There is an extensive network of trail that connects several parks and camping areas that homeowners at Willowsford can enjoy at their leisure.

Home owners will enter The Grove just across the street from The Lodge at Willow Lake. The main through fare dissects this community. The area features wooded mature forests and is also dissected by two streams. There is a loop trail that travels through the area that connects homeowner to Willowsford Farm and a community park.

The Greens is the largest Village at Willowsford and also will feature a combination of wooded lots, New Constructionscenic meadows and rolling hills. The Lodge at Willow Lake sits to the north and the village stretches from Braddock Road to the north to Bull Run Creek to the south. There is also a loop trail the courses through and connects homeowner to a number of parks and camping areas within the village.

Where is Willowsford VA?

Willowsford is located in western Loudoun County between the foot hills of the Virginia Piedmont and Loudoun Counties Wine Country which is home to many local wineries. The Grant and The Grange sit north of Route 50 and the Greens and the Grove sit south of route 50 just off of Braddock Road. The convenient location of Willowsford will offer home owners easy access to eastern Loudoun County and commuter routes to the busy technology corridors of Dulles and Reston.

For Information on New Homes at Willowsford VA contact Loudoun County Living LLC at 703-831-7653 or visit our web site at www.loudouncountylivingllc.com .