After three years and more than $43 billion in payments and penalties for forging documents, duping the government, and otherwise doing its part to create the Great Recession (including a recent $10.3 billion settlement with Fannie Mae), Bank of … [Read more...]

So Congress sorta kinda reached a deal to avert the “fiscal cliff” — well, at least for a year. Pick your favorite reliable news source to read how it affects most things; we’re just going to look at real estate issues … [Read more...]

NAR’s latest existing-home sales data shows that sales in the South — of which, in case you didn’t know, Virginia is a part — were up 17.2 percent over November 2011. (Sales nationwide were up 14.5 percent year over … [Read more...]