Poll: What Do You Think Home Prices In Loudoun County Will Do This Spring?

The Outcome Of Last Week’s Foreclosure/REO Knowledge Poll

We conducted a poll last week to test your knowledge of Loudoun County foreclosures, REOs and short-sales. The poll asked the question "What percentage of properties for sale in Loudoun County are foreclosures/REOs or short-sales?" 

Well, here are the results:

• 22 percent said 1 to 10 percent
• 44 percent said 11 to 20 percent
• 17 percent said 21 to 30 percent
• 11 percent said 31 to 40 percent
• 6 percent said over 40 percent

The answer? 28 percent.

Congratulations to the 17 percent that got it correct! To the others, no worries…there’s a way to always get the answer to that question correct.

How?

By checking out Loudoun Foreclosures, which is dedicated to Loudoun County foreclosures, REOs, short-sales and other great real estate deals including spec homes and new construction. Feel free to subscribe to the Loudoun Foreclosures RSS feed or add it to your home page so you can get new posts sent to you directly.

Thanks to all that voted!

Thursday Poll: Your Thoughts On The Mortgage Interest Rate Freeze Plan

In a post on real/diaBlog yesterday, we talked about the Bush mortgage interest rate freeze plan and how it’s just delaying the inevitable. We would like to see what you think about it, which brings us to this week’s Thursday poll:

Thursday Poll – The Fed’s Rate Cut and Your Decision To Buy A House

The Fed recently cut their rate by 50 basis points and the cut has had mixed reviews.  Although many say that the cut wasn’t due to slowing buyer demand, we’re curious as to whether it has had any impact on your decision to buy a house.

Thursday Poll – What did the Mortgage Crisis do to Loudoun County Home Prices?

In the third quarter of this year, the biggest story in real estate was the Mortgage Crisis.  And while the majority of the attention was given to sub-prime loans, the rates for jumbo loans (mortgages over $417,000) spiked up during this time period.  And with the majority of homes in Loudoun County priced in the Jumbo category, we are wondering what impact it will have on prices in Loudoun County.

So the Thursday Poll this week asks the question:

We will publish a post giving the actual change in median prices in the beginning of January.

And yes, we forgot to publish the poll yesterday (Thursday). But better late than never.

Thursday Poll – Will the Fed Lower Rates?

Next Tuesday the Federal Reserve Open Market Committee will meet to discuss the economy.  It is widely anticipated that they will make a change to the Fed Funds Rate.  What do you think they will do?