Two major consumer organizations are urging Congress to enact a national “Homeowner Bill of Rights” to reduce foreclosures, “stabilize local housing markets, and protect homeowners.” Pointing out how the lack of lender … [Read more...]

Why is inventory becoming the big issue in Virginia real estate? Because there’s not enough of it. (If you’re in an area that does have plenty, be advised: It probably won’t last.) Check out these statewide figures for February (the … [Read more...]

In case you don’t remember, the housing crisis we’re finally getting out of was caused by, at its core, people getting mortgages they couldn’t afford. Blame the borrowers, blame the lenders, whatever — that was the root of it … [Read more...]

Yes, that’s right — once again, Realtors across the country will be holding open houses to kick off the spring selling season. Mark your calendars and tell your clients: Saturday and Sunday, April 20 and 21. What’s in it for you? A chance to take … [Read more...]

To help fight homelessness in Virginia, Governor Bob McDonnell has announced three grants that will create 19 new housing units for homeless and disabled people. The grants (which come from a “special funding allocation” of the … [Read more...]

This is a reminder — but an important one — about post-licensing curriculum changes. (It will mostly affect new real estate licensees, but brokers need to remember it.) The PL curriculum is changing from three tracks (residential, … [Read more...]