Fitch Ratings is trying to rein in the housing market bulls, saying in its latest report that it believes homes are still overvalued. The reasons: A shortage of housing and still-low mortgage rates are artificially inflating demand. Per CNBC: Fitch … [Read more...]
Green means green
Green labels and certifications — EnergyStar and LEED being the most obvious — can help both residential and commercial property values. Extensive research on the financial impact of green labels in the commercial real estate sector shows … [Read more...]
Migration to Virginia slowing, but DC remains popular
Moving giant Atlas Van Lines keeps track of which states have people moving in and which have people moving out. It found that Virginia, which had been an “inbound” state in 2011 became “balanced” in 2012. (That is, about the … [Read more...]
We are aware of the VARbuzz-by-mail subscription problems…
…and will have them fixed tout suite. Thanks for your patience and understanding. The post We are aware of the VARbuzz-by-mail subscription problems… appeared first on VARbuzz. … [Read more...]
Why to watch that unemployment report: mortgage interest
Officially, unemployment in the U.S. was at about 7.7% in November*. That’s high, but it’s been dropping steadily over the past year, and in Virginia, our rate is about two percent lower. The latest report from ADP found good news: … [Read more...]
US News: Generation X is to blame for the housing crisis
Who caused the housing crisis? Apparently it was the people who asked to borrow too much — not the people who actually gave it to them. And which group of people asked for more than they should have? Generation X, that’s who. So implies … [Read more...]
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