Commuting costs and environmental efficiency have increasingly factored into home buying decisions due to higher energy costs, but also due to overall concern for the environment. Factors that are most important to buyers are those directly related … [Read more...]
Generation X & Y and Homeownership [INFOGRAPHIC]
InfoGraphic … [Read more...]
Initial Jobless Claims Down 22,000 for Week Ending February 23
In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses jobless claims. Initial unemployment insurance claims for … [Read more...]
Distressed Sales Down
Foreclosed property in January was reported as selling at a 20 percent discount, while short sale properties sold at a 12 percent average discount according to the January REALTORS® Confidence Index. Approximately 24 percent of sales were distressed … [Read more...]
This Telephone Has Too Many Shortcomings
Today, we are reposting a blog by our friend Matthew Ferrara. – The KCM Crew Don’t make the same mistake about new technology Western Union once did. Some readers might remember a “boxing match” we did a couple of years ago in Las Vegas. It was part … [Read more...]
VAR’s work pays off — transportation bill passes
We asked and you responded. Realtors from across the state put pressure on their representatives in the Virginia General Assembly, which — after much debate, arguing, and compromise — passed a bipartisan transportation bill that Governor Bob … [Read more...]
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