Month: April 2014

Loudoun County Leads State, Nation for Population Growth

At the end of 2013, Loudoun County received national attention for being ranked the most affluent county in the nation. Only a few months later, the area is receiving even more attention for another positive ranking – this time, for population growth.

Loudoun County continues to be the fastest growing county in Virginia, according to recently released information from the U.S. Census. Over the course of one year – between July 2012 and July 2013 – the population of Loudoun County grew at an astounding rate of 239 residents per week.

The county’s population growth isn’t just significant on a state level, however. Over the past year, Loudoun County also ranked nationally as the second fastest growing large county, which is defined as a county with more than 250,000 residents.

According to the Census information, the population of Loudoun County is currently 349,679, representing a 12% increase from 2010. According to a Washington Business Journal article from earlier this year, researchers form the University of Virginia estimated that more than 35,000 people moved to Loudoun County in the time period from the 2010 Census to July 1, 2013.

At One Loudoun, we’re optimistic that Loudoun County will continue to see even more growth in the future, as future residents continue to realize all of positive aspects of living in the area. The key to accommodating this incredible population growth is new housing, which is just one part of our mixed-use development.

If you live in Loudoun County or have visited, it’s not hard to see why there’s been such a rapid increase in population in recent years. The county is certainly viewed as one of the most desirable in the Northern Virginia area, and for good reason. Proximity to Washington, D.C., a high standard of living, low poverty, a wealthy and educated workforce, and beautiful homes are all aspects of Loudoun County that make it an excellent place to live. Apparently, all of these great attributes have caught the attention of a multitude of homeowners who have decided to call Loudoun County home over the past several years.

With all of the population growth, expansion and change in the area, it’s an exciting time to become a part of the Loudoun County community. Though there are certainly a lot of options for homes in the area, none offer quite the level of convenience that One Loudoun does. Since our community is a mixed-use development, shopping, dining and entertainment destinations are all within walking distance of the doorsteps of our residents’ homes.

There’s certainly a lot to love about Loudoun County, and that’s why it’s seen such a population boom over the past several years. But our residents and the employees in our retail stores, restaurants and businesses know that to truly experience all the benefits of Loudoun County, you have to experience One Loudoun.

SOURCE: Leesburg Today, Washington Business Journal, U.S. Census

The Signs of an Extraordinary Community

Moving to an entirely new community is a big deal.  Many ask themselves the same questions; “What’s the neighborhood like?” “Can I imagine myself living here?” “Will my family like it?”

Answering these fundamental questions helps to determine whether or not a community is the right fit.  Thankfully, Credit.com, an award-winning financial information website, has provided us with “Signs You’re Buying a Home in a Great Neighborhood.”  Not surprisingly, One Loudoun hit many of the key points spot on, painting a perfect picture of an incredible community.

Here are the major indicators, and how One Loudoun fits the bill:

1. It Meets Your Specs

Does the new community include everything on your checklist?  Are you sacrificing one element for another?  Figuring out what you’re looking for is always the first step, but don’t back down from elements you really want in a community just so you can have others.  At One Loudoun, homeowners won’t miss out on anything – it’s all here in our mixed-use development!

2. You Like What You Hear

The neighborhood you’re interested in is bound to have a reputation – good or bad.  If you’ve found a great community, you’ll hear nothing but great things about it, from your future neighbors, business owners, and even from local newspapers.  Luckily, One Loudoun is already known as one of the hottest places to be in Northern Virginia.  Homes are selling incredibly fast – everyone wants to live here!

3. You Can Get a Latte 

Mixed-use communities continue to grow in popularity, and it’s easy to see why.  They’re so convenient to live in; it doesn’t make sense to live anywhere else.  Our expertly designed community is home to numerous shops and restaurants, creating a lifestyle and culture that appeals to many.  Feel like walking down the street for a latte?  You got it!

4. It’s Walkable

This is a huge key point for all levels of homebuyers: everyone wants to live in a community that is walkable with sidewalks and pathways.  One Loudoun promotes this lifestyle by providing adequate walkways for everyone to enjoy.  This makes walking to get that latte (mentioned above) so easy to do!

5. The Commute? What Commute?

If you happen to be one of the many residents who will be both living and working at One Loudoun’s impressive commercial and retail space, there’s no commute! This is something that most commuters in DC and northern Virginia would love to experience.  A main focus in our community is to create a space that’s easy to live, work, and play in.  Class A office space is within walking distance to The Fresh Market and new upscale homes.  It doesn’t get any better than this!

6. Homes Sell Quickly

When homes are selling quickly, it’s a strong indicator that a neighborhood is the place to be.  At One Loudoun, we sold a record number of homes just last year, and now, moving into 2014, new home inventory is tight.  Single-family homes are ‘flying off the shelves’ as homebuyers waste no time.

It’s true, this is the time to buy a new single-family home at One Loudoun.  With a limited supply and a strong demand, there’s no telling how much longer these homes will be on the market.  Take a look at our home models and see for yourself – this is an extraordinary community to live in!

Source: Credit.com

Northern Virginia’s Strong Start to 2014

The Northern Virginia housing market, which is home to One Loudoun, has performed consistently well throughout the past decade.  Its accomplishments have played a huge role in bringing more interested homebuyers back to the market, which has in turn boosted the region’s local economy.  And now, as February housing reports flood the headlines, it’s clear that Northern Virginia has also started 2014 off on the right foot!
 
In February, the total homes sold dollar volume was up over 15% since January 2013 for our area.  These figures come in with a 13% increase in closed sales over the same time period.  And in January, listings in Northern Virginia were up an impressive 66% over December 2013, giving buyers the most selection when shopping for a new home. With this much return in January and February alone, many experts and homebuyers are hopeful for continued success moving into the spring season.  With such notable increases so early in the year, this is certainly an exciting time to buy a home!  
 
Additionally, according to a recent article by The Washington Post, inventory is favoring homebuyers this spring season, as supported by the January increases in listings.  And at One Loudoun, we agree!  The single-family homes and townhomes in our community are exactly the types of homes families want to live in.  Not only are the houses themselves beautifully built, but the community in which they sit in is one-of-a-kind.  Mixed-use features means everything a homeowner needs is right at their fingertips!
 
Historically, housing measurements tell us that the market picks up around this time every year, and 2014 appears to be no exception.  The numbers keep getting better and better – and smart homebuyers aren’t going to miss out; they’re acting fast!  Just last year, a record number of homes were sold at One Loudoun, setting our community apart as ‘the place to be’ in Northern Virginia.  And so far this year, home inventory is getting low due to strong sales so time running out to move into One Loudoun – interested homebuyers should waste no time!  Our unique mixed-use community is diverse, relevant to the lives of today, and unbelievably convenient.  But don’t take our word for it – visit our Experience One Loudoun sales center to see for yourself!  
 
We have a feeling you’re going to fall in love with our community.  Moving into One Loudoun will be the move of a lifetime, completely changing the way you and your family live for the better!