Monthly Archives: June 2013

Consumer Confidence Rising

FannieMae reported that “American’s confidence in their ability to buy and sell their home climbed sharply in May, “according to their Monthly National Housing Survey.  The large boost in pace of residential sales from April to May, according to the Virginia Home

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Home Builders Positive About Market For the First Time in Seven Years

For the first time since 2006, a survey of the nation’s homebuilders found them with a positive outlook about the market. It’s not scientific, but it’s still nice to see. The National Association of Home Builders’ Housing Market Index asks 250-someodd home

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House-Hunting Help: If You Could Pick Your Home Style…

When you are shopping for a house to buy or rent, how much does house style play into your decision-making process? Knowing the features (and drawbacks) of a handful of main house styles can help you search smarter, and help

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Senators Warner and Corker to introduce bill liquidating Fannie and Freddie

Virginia senator Mark Warner, along with colleague Bob Corker (R-Tenn.) — with backing from a bipartisan group of lawmakers — will introduce a bill that would liquidate Fannie Mae and Freddie Mac. It would replace them with a new agency: the

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Pending Home Sales Jump 10.3% in One Year

Pending home sales make minor gains for the month but substantial gains for the year, marking a slow but steady pace as housing begins to recover after a long recession. Pending home sales continue to rise Although pending home sales

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Mortgage Rates Cross 4 Percent. Are 5% Mortgage Rates Next?

Mortgage rates are worsening, and there’s little chance for improvement. For the fifth straight week this week, U.S. mortgage rates climbed, tacking on another 0.10 percentage points. According to Freddie Mac’s weekly Primary Mortgage Market Survey, the average 30-year fixed

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Give Your Baby the Healthiest, Safest Nursery Possible

A few days ago my good friend Christi gave birth to her first baby boy!  I also have a lot of clients who have recently had their first child and are building their family and home together, so in honor

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