Kelly Gaitten’s blog

National Association of Realtors Economist- Pleasantly Hopeful!

2009-11-04T13:38:36Z

NOW is the time to BUY and SELL. In my humble opinion - we are in a unique pocket of the real estate market right now. Supply of homes for sale is the lowest since July of 2005! September data for Loudoun County Real Estate indicate we had 2100...

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$8,000 First Time Home Buyer Tax Credit- Available until 12/1/09

2009-06-24T12:09:28Z

For a first time home buyer or anyone who qualifies who has not owned a home in 3 years, it sounds too good to be true. But it is! The tax credit is cash to you on next year's return, or you might amend this year's return. As always, check with...

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Spring Market

2009-04-16T12:06:26Z

Spring has definitely brought out the buyers. The Government stimulus plan is doing the job. First time home buyers are taking full advantage of the $8k tax credit and I am seeing more FHA and even VA loans than ever before. Lending guidelines a...

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$80k buys you WHAT?!? in Loudoun County?

2009-01-11T01:06:42Z

Well, you can get a nice 3 bedroom townhouse in Leesburg for instance! I have several investor clients with cash and a few who have financed through a lender - with no issues. These clients have asked me to find an investment that doesn't need mu...

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Buy a house for Christmas?!

2008-12-17T20:12:39Z

My phones are ringing off the hook and Christmas is a week away! I have first time home buyers and investors alike calling me and we are GETTING great deals! There are plenty out there but the low priced foreclosure inventory is quickly going aw...

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Congratulations - My first time home buyer clients got a GREAT deal on a short sale!

2008-11-21T01:03:53Z

My clients, Mehwish and Sajjad had a very good idea what they wanted when we started our search almost 3 months ago. Armed with some thoughts on location and amenities they wanted and needed- they had got an FHA approval with their lender, Wesley...

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Market Statistics through October 2008

2008-11-14T21:45:20Z

Loudoun County continues a slight upturn in market recovery. Days on market decreased January through September. In October it dropped again to 90 days. We have not seen days on market that low in over 13 months. There are still alot of forec...

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NAR Directors Approve Four-Point Housing Stimulus Plan

2008-11-11T20:07:02Z

Update from the DULLES AREA ASSOCIATION OF REALTORS: Today the NAR Directors approved a Four Point Housing Stimulus Plan which will be delivered to Congress as soon as possible. The following are highlights of the plan: 1. Make the $7500 fi...

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thanks to Rick at our local LOWE's

2008-11-06T00:45:26Z

I have been trying to order ceiling fans for the past week. The Lowes.com website gets stuck once you try to move past the shipping and I got a timeout error. I finally called the store and the store manager- Rick helped me get the fans and light...

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Copper Gutters - priceless

2008-10-06T23:10:21Z

We just had a wonderful new roof put on the house - Alpha Rain from Warrenton, VA did a great job! Brandy, the owner was great and delivered everything he promised! Roof is done, copper gutters just went on and after a month, the roofers don't ...

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