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. After three straight weeks of declining … [Read more...]
Inflation
Overall inflation was tame in October, rising only 0.1 percent from the prior month and a manageable 2.2 percent from one year ago. However, the rent component rose at the fastest pace in 4 years. The monthly rent increase of 0.4 … [Read more...]
Great Advice for Tough Situations
For Agents’ Eyes Only… Each Thursday we will be posting a blog to help real estate professionals understand how they can better assist their buyers and sellers navigate the current real estate market. Today, we are reposting a blog written by our … [Read more...]
Is It Time to Buy A Rental Property?
Yesterday, we discussed rising rents and their impact on the long term housing expense of tenants. Today, we want to look at the opportunities that single-family rental units present for the small investor. With house prices inching up and rents … [Read more...]
VAR contributes $10,000 to Hurricane Sandy Relief
In the wake of Hurricane Sandy, the Virginia Association of REALTORS® Board of Directors has approved a $10,000 donation to the REALTORS® Relief Foundation to help assist those in areas severely affected by Sandy. Other state and local associations … [Read more...]
Housing Secrets Revealed
By Melissa Kandel Not many people get excited about dead animal smells, mold growing in bathrooms, or leaky attics, but for employees at the Building Performance Institute Inc., it’s all in a day’s work. The company uses building science, … [Read more...]
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