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 FHFA Home Price Index. FHFA data show that U.S. … [Read more...]
New Home Sales and Prices in March
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 home sales inched higher in … [Read more...]
Worldwide Economic Recovery – Weaker than Normal but Continuing
News for the U.S. economic outlook continues to be positive–housing recovery, continued productivity increases, new oil reserves. However, the economic news from around the world is frequently negative. Growth around the world has slowed. … [Read more...]
Investors helped the market — but may be hurting its future
Real estate investors have helped the market recover. But for the long-term health of the market, maybe they should stop now. (To be clear: By “investors” I mean people and companies that buy single-family homes to turn them into rentals, … [Read more...]
The Need for a Professional When Selling Your Home
With the housing market beginning to heat up, we are afraid some sellers may consider trying to sell their house as a For Sale By Owner (FSBO). This week we will be posting on the reasons that we believe trying to sell on your own may be a mistake. – … [Read more...]
Fredericksburg’s Penny Traber named Citizen of the Year
Fredericksburg Realtor Penny Traber (of 1st Choice Better Homes & Land) was named Citizen of the Year by the Fredericksburg Free-Lance Star, and is in the running to be named Virginian of the Year, an award given by the Virginia Press … [Read more...]
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