Personal bankruptcies tend to rise during periods of economic distress due to job loss and loss or reduction of income. Not surprisingly, this pattern was evident during this most recent economic downturn when bankruptcies rose nationally to a peak … [Read more...]
Will Economic Uncertainty Derail Real Estate’s Momentum?
Some are questioning whether the current rally in the real estate market will fall victim to financial uncertainty regarding the impending debt ceiling debate and sequestration. However, many experts believe housing will be able to maintain its … [Read more...]
Home Improvements After the Home Purchase
Click chart to view larger version. Fifty-three percent of buyers undertook a home improvement project within three months of their home purchase. Buyers who purchased older, previously-owned homes were the most likely to undertake a home … [Read more...]
Follow up: The cost of printing
In the December/January issue of Commonwealth we looked at the major types of printers and the pros and cons of each. (You did read it, right?) One of the things we pointed out was the high cost of making prints with an inkjet. If you use an ink jet … [Read more...]
Virginia Beach named in top 25 for energy efficiency
Virginia Beach is one of the top 25 cities in the nation when it comes to energy-efficient buildings, according to the latest list from the federal government. The Environmental Protection Agency ranks cities by the number of buildings receiving … [Read more...]
Delinquency Rates, Top and Bottom 5 Markets
Strong homes sales in 2012 helped to diminish the number of borrowers rolling into distressed situations. The increase in sales eroded inventories resulting in steady price growth. As a result, more people were able to refinance into affordable … [Read more...]
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