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...]
Where Are Rents Headed?
When deciding whether or not to buy a home, one consideration will be the cost of alternative housing options. Renting an apartment is one such alternative. Where are rental prices heading over the next few years? Rental prices usually increase by … [Read more...]
Happy Veterans Day!!
Thank you for your service! … [Read more...]
Fannie, Freddie both turn big profits
Freddie Mac reported a net income of $2.9 billion in the third quarter, and will pay back $1.8 billion to the Treasury. Fannie Mae reported a net income of $1.8 billion for the third quarter of this year, compared to a $5.1 billion loss in the third … [Read more...]
Trulia on the pluses and minuses of Obama’s re-election
Forbes has a column from Trulia’s chief economist, Jed Kolko, “What Obama’s Re-Election Means for Housing.” Interesting reading, but if you’re lazy here are the main points: 1. More opportunities for refinancing as the … [Read more...]
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