Quipping that "This may technically be transportation legislation, but at the end of the day, it’s a jobs bill," Governor Bob McDonnell signed Virginia’s new transportation funding bill — a bill Virginia Realtors helped … [Read more...]
‘Walking Dead’ and ‘Survivors’ in Real Estate
Over the last few years, new words have become part of our real estate vocabulary when discussing distressed properties. Terms such as ‘shadow inventory’, ‘cure rate’ and ‘short sales’ were introduced. Other words … [Read more...]
Buy or Rent: Which Makes More Sense Financially?
Every potential home buyer has to stop for at least a moment and consider this question. Today, we want to look at one of the many financial reasons to buy instead of rent: the housing expense moving forward. According to the latest Existing Home … [Read more...]
A Close Look at the Top Home Improvements
[Source: U.S. Census Bureau] … [Read more...]
Happy Mother’s Day: Info from the Home Buyers and Sellers/Home Features Reports
Among recent home buyers, 41 percent had children under 18 in the home. Eighteen percent of buyer households had one child, 16 percent had two children, and 7 percent had three or more children. Buyers who had children in the home are more likely … [Read more...]
Quick Critique of New York Times article “Challenge to Wisdom of Owning Home”
By Lawrence Yun and Ken Fears The New York Times reviewed a new research paper by authors from Dartmouth and the University of Warwick in England that implies a rise in the homeownership rate is bad for the economy because fast rising homeownership … [Read more...]
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