It took a while, but Jon Stewart finally got around to doing a segment on the Mortgage Electronic Registration system. The Daily Show with Jon Stewart Get More: Daily Show Full Episodes,Indecision Political Humor,The Daily Show on Facebook … [Read more...]
Foreclosed Property Selling at 12 to 35 Percent Discount
Distressed property sold at a discount of between 12 to 35 percent of the market value depending on property conditions over the past year, based on information from the March REALTORS® Confidence Index Survey. Not surprisingly, the price discount is … [Read more...]
How Difficult Is the Mortgage Process for Buyers?
TD Bank recently announced the results of their inaugural Mortgage Service Index. The index was designed to identify best practices and trouble areas in home financing and act as a service indicator for lending institutions. Below are some of the key … [Read more...]
Check out two image commercials airing on NBC in the Richmond area
VAR launched two Realtor image commercials today. The spots have received great feedback so far. We are testing them first in the Richmond market and hope to continue to air around the state in the near future. One is focused on the Realtor pledge … [Read more...]
94 Percent of REALTORS® Expect Home Prices to Increase in Next 12 Months
With strong buyer demand and tight inventory, REALTORS® were generally upbeat about price trends in the coming months. Approximately 94 percent of REALTORS® who responded to the March REALTORS® Confidence Index (RCI) Survey expected constant or … [Read more...]
Will Millennials Drive House Sales in 2013?
The cover story of last month’s Barron’s Magazine discussed the Millennial generation and the impact they will have on the economy including the housing sector. There have been many contrasting views about this age group and their feelings on whether … [Read more...]
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