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...]
House Sale Price: List It Right from the Beginning
With house prices increasing across the country, sellers may think they can list their homes at a higher price and adjust if necessary. That may not be a good strategy. This is a post we ran last year by Ken H. Johnson, Ph.D. — Florida International … [Read more...]
Case-Shiller, FHFA Home Price Measures
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 second update discusses the Case-Shiller and FHFA home price … [Read more...]
New Home Sales
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 new home sales. New single family home sales rose 2.3% to … [Read more...]
Inventory news, good and bad
Good news: May inventory is up 16.9 percent for the year, which is a good, solid number. (See the explanation below.) Bad news: Inventory is still 14.3 percent lower than last May nationwide. Inventory typically follows a cycle, increasing through … [Read more...]
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