With the exception of the strong housing market recovery, the broad U.S. economy continues to underperform. This week data on the GDP growth of 1.8 percent in the first quarter was uninspiring. The long-term historical average GDP … [Read more...]
Existing Home Sales by Price Category
Sales growth is highest in the $750,000 to $1 million price tier, and homes priced at $500,000 or more were 11.6 percent of sales in May, but even after declines in distressed sales, one out of every six homes sold was priced at less than … [Read more...]
Housing Bubble? We Don’t Think So [INFOGRAPHIC]
InfoGraphic … [Read more...]
Hispanic Housing Market: Study Addresses Discrimination
If you want to work with the Hispanic community, the first thing you have to do is understand their fears concerning the real estate process and why they have those fears. A study just released by the U.S. Department of Housing and Urban Development … [Read more...]
From the Dulles association: Calling all Realtor singers
From Jeanette Newton, CEO of the Dulles Area Association of Realtors: The installation for 2014 VAR President Brad Boland will be on October 3 at the Real Show in Virginia Beach. We would like to sing two patriotic songs at this event, and we want … [Read more...]
Warner et al introduce bill to replace Fannie and Freddie
A coupla weeks ago, we told you that Virginia senator Mark Warner — along with his colleague Bob Corker — was going to introduce a bill to essentially liquidate Fannie Mae and Freddie Mac. The two have now formally introduced the bill, … [Read more...]
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