RealtyTrac recently released their Q1 2013 U.S. Foreclosure & Short Sales Report™. One of the more interesting revelations in the report was the decrease in the number of short sales being completed. According to the report, properties not in … [Read more...]
Michael Wilmore, come on down — you’re our newest $100 winner!
Congrats to Michael Wilmore of Coldwell Banker Residential in Sterling — he’s the winner of our second $100 Amex gift card for taking our 2013 member survey! If you haven’t taken the survey yet, you have through the first day of summer: … [Read more...]
Is there a new housing bubble forming?
Once upon a time there were two shamans in a tribe. They both tried to predict how bad the upcoming winter would be. One threw rabbit bones and predicted a harsh winter. The other threw squirrel bones and predicted a mild winter. The winter was mild, … [Read more...]
Foot Traffic: Charleston Trident Association of REALTORS®
Foot traffic provides a strong indication of future home sales. SentriLock, LLC. provides NAR Research with monthly data on the number of showings. Foot traffic surged 20% over the 12-month period ending in May in the area covered by the Charleston … [Read more...]
Buy a greener home, qualify for a better mortgage?
There are a handful of tax breaks for homeowners who improve the energy efficiency of their homes — essentially, the government reduces your taxes if you make your house greener. Now a bill introduced in the Senate by senators Michael Bennet … [Read more...]
Government will subsidize flood insurance for another year
The National Flood Insurance Program was in the black until Hurricane Katrina; since then it’s been in debt to the tune of about $20 billion. (Which, of course, illustrates why it’s a government program and not offered by private … [Read more...]
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