Home Sales in Loudoun Up 31 Percent in January

The Loudoun Times-Mirror reported that home sales in Loudoun County were up 31 percent from January 2008. The median sale price was $288,000 versus $370,000 the year before indicating that the news isn’t all positive, but I believe it’s better to have turnover at lower prices then a frozen market. Liquidity will bring more investors into bottom fish, establish values lenders can rely on, and help people that need to move out a way to do so.

Source: Loudoun Home Sales Up 31 Percent

Map courtesy of HomeFinders.com