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Loudoun County Homes For Sale and Real Estate

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The Loudoun County Department of Economic Development has released its annual Growth Summary, a synopsis of demographic and economic trends in Loudoun and the region. Highlights in the 2004 Growth Summary include the following:

Over the past four years, the county led not only the Northern Virginia region with a population growth of 41 percent, but was recognized by the U.S. Census Bureau as the fastest growing county in the nation with a population over 100,000.

Loudoun County ranked second among localities in Northern Virginia in the number of new residential units permitted in 2004, contributing 27 percent of the total. Loudoun experienced dramatic job growth in the past decade, increasing by 139 percent. In 2004, 7,673 jobs were added over 2003. The nonresidential vacancy rate continued its downward trend, dropping to 14.6% from 18% in 2003. The office vacancy rate decreased by 3.5%, from 16.3% to 12.8%, and flex/industrial vacancy rates dropped by 3.3%, from 19.2% to 15.9%.