The majority of REALTORS® continued to report rising home prices and improving days on the market. However, REALTORS® reported that the market remains hampered by a “demanding and rigid loan qualification process” that has made mortgage … [Read more...]
We are aware of the VARbuzz-by-mail subscription problems…
…and will have them fixed tout suite. Thanks for your patience and understanding. The post We are aware of the VARbuzz-by-mail subscription problems… appeared first on VARbuzz. … [Read more...]
Why to watch that unemployment report: mortgage interest
Officially, unemployment in the U.S. was at about 7.7% in November*. That’s high, but it’s been dropping steadily over the past year, and in Virginia, our rate is about two percent lower. The latest report from ADP found good news: … [Read more...]
Attention All Agents: Start Your 2013 Off Right!
When agents do their business plan each year, they must realize that there is seasonality to our industry – activities will bring a better return on time invested during certain times of the year. A perfect example of this is the prospecting of … [Read more...]
US News: Generation X is to blame for the housing crisis
Who caused the housing crisis? Apparently it was the people who asked to borrow too much — not the people who actually gave it to them. And which group of people asked for more than they should have? Generation X, that’s who. So implies … [Read more...]
Construction Spending
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 construction spending. Very lagging data on construction … [Read more...]
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