Monthly Archives: December 2012

Home sales increase 18% in November; prices up 12% year-over-year

The pace of Virginia home sales continued to increase in October 2012 with a 12% increase to 7,017 home sales — after only a 2% increase between September 2011 and 2012. Low unemployment rates in Virginia, as well as record low

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Read This First : Buying A Home With Your Boyfriend, Girlfriend Or Partner

Buying a home with a boyfriend, girlfriend or partner can be risky to all parties involved — much more risky than buying a home with a spouse, anyway. This is because, with respect to Estate Planning, married homeowners are typically

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VA Loans Get Cheaper : Basic Allowance For Housing Rises For 2013

Homeownership will be a bit more affordable for eligible U.S. servicemembers in 2013. The Department of Defense (DoD) has increased its Basic Allowance for Housing (BAH) for  2013, giving most active duty personnel larger monthly stipends to offset VA mortgage

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November Housing Starts Suggest Strong 2013 New Construction Market

The U.S. housing market is heading to 2013 with momentum. Single-Family Housing Starts slipped in November, posting 565,000 units on a seasonally-adjusted annualized basis. The down reading still marks the third-highest tally of 2012, however, and represents a 105,000 unit

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MBA : Rising Mortgage Rates In 2013 Will End The 4-Year Refi Boom

A number of high-profile prognosticators have said mortgage rates will rise 2013. For today’s home buyers and rate shoppers, their predictions may be a signal to “buy now”. The longer you wait, they say, the more your should expect to

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Fed to Keep Interest Rates Down Until Unemployment Drops

“If we could wave a magic wand and get unemployment down to 5 percent tomorrow, obviously we would do that,” said Fed Chariman Ben Bernanke. What will the Fed do about unemployment? It’s clear the U.S. unemployment rate is top

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68% Of Homeowners Don’t Think Home Prices Will Rise In 2013

A recent Fannie Mae survey shows that homeowners are more confident in the U.S. economy and, specifically, in the U.S. housing market overall. Rising home prices and rock-bottom mortgage rates have combined to raise over 11 key indicators and has

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