If you have a house listed in Loudoun County over $1Million than you have some serious obstacles to overcome. The chart below breaks down the absorption levels by price for Loudoun County Real Estate.
Jumbo loans are very expensive and continue to be a market that has few participants.
This will continue into the foreseeable future. Bad for the sellers but good for buyers if you can afford it. A house that could have sold for $1Million in 2006 can be bought for $650,000 today.
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