Home Inventory Up
Loudoun County had a record number of unsold homes in October -- 2,908 units, up from 1,279 a year ago. That's in line with the weakened demand reported for houses, townhouses and condominiums across the Washington region.
The new data from Metropolitan Regional Information Systems Inc. also show that the median price of Loudoun homes in October jumped 21.2 percent from the same period last year -- from $396,200 to $480,000.
Loudoun homes had a record selling price of $506,000 in August.
But it also took longer to sell homes in the county last month -- 42 days, on average, compared with 26 days in October 2004.
The Dulles Area Association of Realtors says there's no reason for homeowners to panic, however.
"Are sales down? Yes, as compared to last year and earlier months this year," the association notes on its Web site. "But if you look back only 3 years to 2002 you will see that we are still better this month than the same time 3 years ago. 2002 wasn't a bad year at all. So we are still doing great."
Great, perhaps. But selling homes is requiring a bit more patience.
You've Got Grants
Dulles-based America Online Inc. has awarded grants of as much as $10,000 each to seven middle schools and high schools in the Washington region.
Two are in Loudoun County.
AOL says its Aspirations Fund supports literacy, language and mentoring clubs, career exploration, multicultural awareness and technology-based arts curriculum.
In Loudoun, Park View High in Sterling will use its grant to "create an innovative learning environment that will expose students to cutting-edge technology, explore career opportunities and foster student-mentor relationships between 9th graders and older students," AOL said.
Smart's Mill Middle School in Leesburg will develop technology that will, among other things, "promote a greater awareness of different student ethnicities and cultures, and incorporate a multicultural perspective into all school activities," AOL said.
New Fertility Center
Shady Grove Fertility has opened an office at the Inova Loudoun Hospital campus in Leesburg. The office, headed by endocrinologist Naveed Khan, offers such services as in vitro fertilization and egg donation.
Shady Grove has two other offices in Northern Virginia (Annandale and Fair Oaks), four in Maryland (Rockville, Frederick, Annapolis and Columbia) and one in Washington.
Life After the CIA
Dulles-based Orbimage Inc., which sells satellite imagery to public and private customers, announced Monday that retired CIA officer James M. Simon Jr. has joined the board of its parent company.
After retiring from the CIA in 2003, Simon became chief executive of IntelligenceEnterprises LLC., a Reston-based consulting and services firm, then a founder of the Microsoft Institute for Advanced Technology in Governments, also in Reston.
One of Orbimage's largest customers is the National Geospatial-Intelligence Agency.
An Alternative to Golf
Lansdowne Resort is suggesting a trip to the Leesburg Corner Premium Outlets as an activity for prospective guests.
"Looking for an alternative to a post-Thanksgiving of crowded malls and stressful holiday shopping?" reads an e-mail from the resort. "Combine a trip to the Leesburg Premium Outlets for their after Thanksgiving sale (11/25-11/27) with a relaxing night at Lansdowne Resort -- rooms start at just $129 over Thanksgiving Weekend! Over 110 great outlet stores just down the street!"
-- BILL BRUBAKER
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