[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...]
Thirty-Seven Percent of Homes Sold in Less than a Month
Multiple bidding in a low inventory environment continues to lead to shorter days on the market. About 37 percent of REALTORS® reported that in March recently sold properties were on the market for less than a month when sold compared to 27 percent … [Read more...]
Mortgage Interest Deduction: By State [INFOGRAPHIC]
Information from The Pew Charitable Trusts report: The Geographic Distribution of the Mortgage Interest Deduction … [Read more...]
Good news: DPOR updates its license transfer process
Earlier today, all Virginia brokers received the following notification: In early March 2013, the Virginia Department of Professional and Occupational Regulation (DPOR) issued clarification about its real estate licensee transfer policy that created … [Read more...]
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