With home values falling dramatically from 2006 boom prices, many homeowners have found themselves in what is called a ‘negative equity’ or ‘underwater’ situation. This means the value of their home is currently less than the mortgage amount on that … [Read more...]
Are new licensees ready for prime-time — and how can we get them there?
Basic training is just that — basic. When you get a real estate license, it means (or should mean) that you have a solid, basic knowledge of how to conduct a real estate transaction. It’s the equivalent of knowing how to steer, accelerate, and break … [Read more...]
Get more from RPR: The powerful Realtor tool you oughta be using
Have you used the Realtors Property Resource today? It’s one of the most powerful tools available to members, and to help you get the most out of it, VAR and NAR are offering a series of live webinars specifically to show Virginia Realtors the … [Read more...]
Is There a Window of Opportunity for Sellers Right Now?
One of the most interesting revelations of the latest National Association of Realtors (NAR) Existing Home Sales Report is the shortage of housing inventory being reported throughout much of the country. At the same time, buyer demand is dramatically … [Read more...]
The Worst Colors to Use in a Home
By Melissa Dittmann Tracey, REALTOR(R) Magazine Emerald may be this year’s color of the year and hot hue, but which colors should you avoid? Color research tells us some colors to avoid. Colors that can be considered, as some researchers note, “eye … [Read more...]
Just How Big is the FHA?
The FHA has been in the headlines a lot recently. So have assertions regarding how large of a presence the institution has in the housing market. The FHA’s significance varies based on which benchmark you are measuring it next to; the total sales … [Read more...]
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