Shadow inventory is supposed to be a Big Problem going forward. Heck, it was supposed to have been a Big Problem already… it just never turned out that way. (I, too, had bought into the concern — and was happy to see it was … [Read more...]
Local growth and shrinkage in Virginia
Working for the Virginia Employment Commission, the Demographics & Workforce Group has developed a picture of what the state’s population will look like in 2020, 2030, and 2040. Result: Some areas will grow, others will shrink. Projected to … [Read more...]
Henrico loses eminent domain case
Henrico County has lost an eminent domain case brought by a developer who had a chunk of her land acquired/seized by the county. A jury unanimously awarded the the (former) property owner an additional $236,750 for the land, which had been taken as … [Read more...]
Real estate humor of the day: Be careful what’s in the pictures you post
This comes from Australia, but that doesn’t diminish the humor (sorry, humour) value: In selling his home, a man posted some pictures of the property, including the garden. Someone noticed that hey, aren’t those cannabis plants? Why yes, … [Read more...]
Americans predict higher rates, easier mortgages
Fannie Mae’s latest National Housing Survey found that Americans are feeling more positive about the economy, and are happy to make predictions about it. More people expect mortgage rates to go up and housing prices to go down over the next … [Read more...]
Census Bureau: Some more people moved in 2012 than in 2011
Here’s the good news: In its 2012 report on the National Mover Rate, the Census Bureau found that 1.4 million more people moved in 2012 than did in 2011. Here’s the bad news: That’s only a 0.4 percent increase. Here’s the good … [Read more...]
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