Jon Harrison - Realtor

Jon Harrison - Realtor Originally licensed in 1988 at the age of 19. Joined Century 21 New Millennium in 2002 & I have sold close to $200,000,000 worth of properties

06/14/2019

Reminder. Tomorrow is flag day. Please fly your flags proudly to show your pride!

04/10/2018
CENTURY 21 CEO Nick Bailey on C21NM

"CENTURY 21 New Millennium is the place to be if you want to be a successful agent." Just ask Nick Bailey, President and CEO of Century 21!

CENTURY 21 New Millennium has led the D.C. Metro region in agent success for more than 20 years. See what Nick Bailey, President and CEO of CENTURY 21 Global...

Ready to live the dream? Here we go.
03/08/2018
The Everything Guide to Buying Your First Home

Ready to live the dream? Here we go.

These are the home buying steps, according to real estate professionals. One of the key steps to buying a home is selecting a mortgage and mortgage lender.

Introducing the all-new Century 21 brand!
03/05/2018
Introducing the all new CENTURY 21® Brand

Introducing the all-new Century 21 brand!

Over forty years ago Century 21 Real Estate changed the game. Today - it's time for a remodel. So, we tore the old house down to the studs and rebuilt it.

For home buyers locked in a heated bidding war, one weapon that may help ensure victory is an escalation clause.
02/26/2018
Escalation Clauses: A Little-Known Bidding-War Strategy

For home buyers locked in a heated bidding war, one weapon that may help ensure victory is an escalation clause.

For home buyers locked in a heated bidding war, there is one weapon that may help ensure victory: an escalation clause.

Here are six tasks that require your attention, that you may not be tending to frequently enough, or may be overlooking ...
02/26/2018
6 Home Maintenance Tasks You Didn’t Know You Were Forgetting

Here are six tasks that require your attention, that you may not be tending to frequently enough, or may be overlooking altogether.

Your home is likely your biggest investment, and regular home maintenance ensures that your home will be running efficiently for years to come.

As you've no doubt heard, the U.S. tax code got an overhaul—so what does that mean for the 2017 return you're filing r...
02/23/2018
4 Tax Deductions to Take Right Now Before They Disappear for Good

As you've no doubt heard, the U.S. tax code got an overhaul—so what does that mean for the 2017 return you're filing right about now?

When you file your taxes, now's your last chance to take advantage of certain tax deductions from the old tax code. Here are four that should not be missed.

More Markets Hitting Record-High Home Prices
02/17/2018
More Markets Hitting Record-High Home Prices

More Markets Hitting Record-High Home Prices

It’s a good time to be a homeowner: nearly two-thirds of housing markets across the country saw home prices at all-time highs in the fourth quarter of 2017.

Very relevant to our local market in the DC metro...the market is very active right now and prices are on the rise so fa...
02/16/2018
Home Prices Still on an Upturn

Very relevant to our local market in the DC metro...the market is very active right now and prices are on the rise so far for 1Q 2018

Home prices are still on an upturn, according to a quarterly report by the National Association of REALTORS® (NAR).

What can you do to make sure your home is ready for public scrutiny? Here's what you need to know.
02/15/2018
4 Steps to Take Before a Home Showing

What can you do to make sure your home is ready for public scrutiny? Here's what you need to know.

As it is a large investment, they will want to inspect the entire property while keeping an eye out for any signs of damage or other flaws.

Prices are rising and homeowners are staying put longer, and that means more homeowners can cash in when they go to sell...
02/07/2018
It’s the Best Time to Sell in a Decade

Prices are rising and homeowners are staying put longer, and that means more homeowners can cash in when they go to sell. Home seller profits surged to a 10-year high in the fourth quarter of 2017.

Home seller earnings surged to a 10-year high in the fourth quarter, but many owners are still staying put. See how profits are stacking up in your area. 

Prices are rising and homeowners are staying put longer, and that means more homeowners can cash in when they go to sell...
02/07/2018
It’s the Best Time to Sell in a Decade

Prices are rising and homeowners are staying put longer, and that means more homeowners can cash in when they go to sell. Home seller profits surged to a 10-year high in the fourth quarter of 2017.

Home seller earnings surged to a 10-year high in the fourth quarter, but many owners are still staying put. See how profits are stacking up in your area. 

Home sellers had it good at the end of last year, racking up profits they hadn't seen in more than a decade, a new repor...
02/05/2018
Home Sellers Are Really Cashing In These Days, Report Finds

Home sellers had it good at the end of last year, racking up profits they hadn't seen in more than a decade, a new report finds.

Home sellers made a record amount of profit on their homes in the last quarter of 2017, according to a recent real estate report.

Just because you’re selling doesn't mean you're off the hook from routine maintenance tasks—and that's especially tr...
02/02/2018
Selling Your Home? Don't Neglect These 6 Maintenance Tasks—or Else

Just because you’re selling doesn't mean you're off the hook from routine maintenance tasks—and that's especially true if you’ve already vacated the house.

A little routine home maintenance can help you avoid a catastrophic problem that could devalue your property and derail that sale.

That dark time when winter is like that friend who can’t take a hint to leave...Give a push with these four easy tasks...
01/31/2018
4 Things to Do in February to Avoid a Yucky Spring

That dark time when winter is like that friend who can’t take a hint to leave...Give a push with these four easy tasks that’ll help usher in spring.

Here’s a tip on how to fix a muddy yard, plus other tips to help you get ready for spring. Cleaning closet organization tips, and more at HouseLogic.

01/22/2018

256 properties have gone under contract in Loudoun County so far in 2018!
13 went under contract the first day (0 days on market)
8 went under contract in one day
another 6 went in 2 days
AND across all price points ranging from $198,000 to $2,100,000.
Our spring market is in full swing...

Take note of these strategies for success in a housing market where many buyers compete for limited inventory.
01/16/2018
Battle stories from real estate bidding wars

Take note of these strategies for success in a housing market where many buyers compete for limited inventory.

Strategies for success in a housing market where many buyers compete for limited inventory.

This is an overall national report.  Our market in most cases out paces the national average as long as the property is ...
01/05/2018
Time on the Market Drops to New Low in 2017

This is an overall national report. Our market in most cases out paces the national average as long as the property is priced correctly.

According to recently released data from the National Association of Realtors (NAR), the median amount of time a home spent on the market hit an all-time low of only three weeks in 2017. Strong buyer demand, a good economy, and a low inventory of new and existing homes for sale created the perfec

Here are a few things sellers need to know about millennial buyers and what they look for in a home.
01/03/2018
Analysis | What home sellers need to know about appealing to millennial buyers

Here are a few things sellers need to know about millennial buyers and what they look for in a home.

Call it the Instagram effect, but millennials are in search of the “picture perfect” home. They’ve grown up watching house tours on HGTV, scrolling through Instagram photos of perfectly staged homes and making Pinterest boards of their dream home.

01/01/2018

Happy New Year to my HUGE follower base!! :-)

12/29/2017

M

12/29/2017

Low inventory will be huge challenge to home sales in 2018
Economists say tight supply remains a thorn for brokers, developers and homeowners as new year approaches
BYJOTHAM SEDERSTROM Staff Writer DEC 21
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On Tuesday, the real estate industry breathed an unexpected, if temporary, sigh of relief with news that single-family housing starts spiked to 930,000 units in November, up 5.3 percent over October for a 10-year high unattained since the subprime mortgage crisis of 2007.

The gains piggybacked on increases in October, when overall housing starts rose to a strong annual rate of 1.256 million units in the aftermath of powerful hurricanes over the summer that slowed housing construction in Texas and Florida for three months before resuming in the fall.

But with inventory still treacherously low across the United States, economists and real estate analysts told Inman that bouncing back to a 50-year average rate of 1.5 million new units remains a challenge worth fighting for in 2018. Indeed, real estate experts agreed that inventory challenges will likely persist into the new year.

Currently, overall inventory for existing single-family homes and multifamily homes stands at 1.67 million, according to November data provided by the National Association of Realtors.

“We have gone 29 months seeing overall inventory decline on a yearly basis, and that’s had a long-lasting effect on the market,” said Javier Vivas, director of economic research at Realtor.com. “That should keep the total number of homes for sale constricted for the good part of next year. However, based on movement we detected this year, we also expect those inventory declines to decelerate slowly throughout next year, and overall inventory could stop shrinking as early as fall 2018. Growth in new construction will be key for that recovery.”

Svenja Gudell, chief economist at Zillow, said that, today, there are 12 percent fewer homes for buyers to choose from then there were just three years ago, and that, as of October, more than half of U.S. homes for sale were in the top one-third of home values. In other words, pricey.

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“Inventory will remain a major concern in 2018, continuing to play a significant role in pushing up prices,” said Gudell, who predicted it will remain a seller’s market in the new year. “It will create particularly strong headwinds for first-time homebuyers, who don’t have the benefit of profits from a prior home sale to boost their down payment and make them more competitive.”

According to a Redfin housing market forecast, meanwhile, inventory will remain a major factor in 2018, continuing a trend that began three years earlier. The forecast anticipates small increases in inventory at the high-end of the market by year-end, but starter-home inventory, which has not increased meaningfully since 2011, will continue to stagnate in the new year.

“We’re just not building right — we’re doing it wrong,” said Nela Richardson, chief economist at Redfin. “Not enough, for sure, but it’s also kind of been misplaced and mispriced. We built up high-end homes in big cities and that works for highly paid millennials — and every city has them — but what we need now are starter homes for starter families, and we’re not seeing that kind of building. We’re not seeing building near transit and we’re not seeing building at the price points that people need and can afford — so that will still be a challenge going forward.”

Until that happens, the lack of inventory will continue to be a thorn for brokers, developers and homeowners, insisted Matthew Gardner, chief economist at Windermere Real Estate, who nonetheless believes that the number of homesellers overall will increase modestly in 2018.

“We continue to be stuck in a ‘chicken-and-egg” situation, whereby would-be sellers know that they will likely have no problem selling their existing home, but they will not list until they have found somewhere to buy, and if they can’t find somewhere to buy, they won’t list,” said Gardner, adding that affordability, closely intertwined with inventory, may emerge as the biggest issue of 2018. “I do expect to see an uptick in new home starts, but unfortunately it will not be enough to meet pent-up demand.”

Email Jotham Sederstrom

Article image credited to ArmchairBuilder.com / flickr

It's freezing outside...don't forget winterize!
12/28/2017
How To Winterize Your Hose Bibs - Len The Plumber

It's freezing outside...don't forget winterize!

The temperatures are quickly dropping and it’s time to winterize your outdoor plumbing! Follow this step-by-step guide to make sure your hose bib is fully prepped for the cooling temperatures.

12/23/2017

From my family to yours, here is hoping for nothing but the best this holiday season and the best year yet for you and yours in 2018!

Here are some easy techniques to save your pipes from bursting this winter.
12/14/2017
5 Tricks to Keep Your Pipes From Exploding this Winter

Here are some easy techniques to save your pipes from bursting this winter.

Learn how to prevent pipes from freezing, even if they've already started to freeze. Get helpful tips to prevent your pipes from freezing.

Here's everything you need to know about what happens when you have a lien on your house.
12/05/2017
What Happens If I Have a Lien on My House?

Here's everything you need to know about what happens when you have a lien on your house.

What happens if I have a lien on my house? If the title company runs a title search and finds a lien on your property, here's what you'll have to do.

Here's everything you need to know about what happens when you have a lien on your house.
12/05/2017
What Happens If I Have a Lien on My House?

Here's everything you need to know about what happens when you have a lien on your house.

What happens if I have a lien on my house? If the title company runs a title search and finds a lien on your property, here's what you'll have to do.

The year’s coming to an end. Time to do four small tasks for a bright (and money-saving) new year.
11/29/2017
4 Easy-Peasy Must-Do's for Homeowners in December

The year’s coming to an end. Time to do four small tasks for a bright (and money-saving) new year.

Winter home maintenance can make your home seem so much brighter, warmer, and cozier. Get tips on how to clean light bulbs.

11/23/2017

Happy Thanksgiving!

Wishing you and yours a Happy Thanksgiving!
11/23/2017

Wishing you and yours a Happy Thanksgiving!

Here's everything you need to know about what happens when you have a lien on your house.
11/21/2017
What Happens If I Have a Lien on My House?

Here's everything you need to know about what happens when you have a lien on your house.

What happens if I have a lien on my house? If the title company runs a title search and finds a lien on your property, here's what you'll have to do.

Address

20405 Exchange St, Suite 221
Ashburn, VA
20147

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