The Mortgage Bankers Association, Fannie Mae and the National Association of Realtors have all projected that the 30-year mortgage rate will be at least 4% by the end of 2013. If we assume that rates will still be at 4% in twelve months, here is the … [Read more...]
Cuccinelli and McAuliffe to make joint Q&A appearance for Realtors
Virginia’s two major gubernatorial candidates — Ken Cuccinelli and Terry McAuliffe — will make a joint appearance just for Virginia Realtors on June 17. Yes, you’re invited. And yes, it’s free. Come listen to each of the … [Read more...]
Diffusion Index of Foot Traffic
Every month SentriLock, LLC. provides NAR Research with data on the number of properties shown by a REALTOR®. Foot traffic has a strong correlation with future contracts and home sales, so it can be viewed as a peek ahead at sales trends two to … [Read more...]
House Prices Projected to Increase
Experts have projected that U.S. home prices will appreciate by 5.4% in 2013. If we assume that prices will rise about the same 5% over the next twelve months, here is the difference a buyer will pay if they wait a year. … [Read more...]
You Spoke…We Listened!!
We want to thank everyone who answered last week’s request and provided suggestions for future topics we should address on the blog. Blog comments, emails and Facebook messages continue to come in at numbers we never anticipated. We will … [Read more...]
10 Bath and Kitchen Trends to Watch This Year
By Melissa Dittmann Tracey, REALTOR(R) Magazine Winner of NKBA’s 2013 Best Kitchen design competition: Wendy F. Johnson, Designs for Living, Manchester, Vt. The kitchen featured a “curved LED-lit glass bar overlooking art glass on panels in the … [Read more...]
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