A new CoreLogic report says that “shadow inventory” (homes in the foreclosure process that will presumably enter the market soon) is down — in January it was 18 percent lower than a year ago. And it’s continuing to drop. For a … [Read more...]
Even in Bad Times, Real Estate’s Impact is Big
Historically real estate has played an important role in the U.S. economy. One reason for the economy’s sluggish recovery has been problems in the mortgage finance sector that have constrained a traditional housing-led expansion. While real estate’s … [Read more...]
3 Financial Reasons to Buy a Home NOW! (Part III)
This week, we are going to look at the three financial reasons to buy a home now instead of waiting: prices are rising, interest rates are increasing and rents are skyrocketing. – The KCM Crew Part III – Rents Are Skyrocketing Whether you own or … [Read more...]
9 Reasons Your Neighbors Hate You
By Lucy O’Neill, Improvement Center Columnist Courtesy of: ImprovementCenter.com … [Read more...]
Case-Shiller Price Index
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 Case-Shiller price index. Case-Shiller data for … [Read more...]
When less is more: VAR fights (and wins) for a smaller grantors tax increase
Some last-minute work by VAR has paid off: In his proposed amendments to Virginia’s transportation bill, Governor Bob McDonnell has asked that the proposed grantor’s tax increase in Northern Virginia be reduced from 25 cents per $100 to … [Read more...]
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