Living in Loudoun

Thoughts,ideas and helpful info about living in Loudoun County - good and bad points etc

Wednesday, August 30, 2006

House Prices in County Drop

I had heard that single family houses in areas around Leesburg have dropped as much as $100,000 from their peak last year. For those of you that sold then, my congratulations. For those of you that bought then... I'll keep my mouth shut.

Here's a article on the market. Read it and anticipate.

The thing that will be more telling next is that assesments should automatically go down and that will mean less property taxes for the county. That tells me that someone is going to start yelling about the shortfall for OUR children's education.

Why am I not surprised?

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