Monthly Archives: August 2014

FHFA and S & P / Case-Shiller Home Price Measures

Last week NAR released median home price information that showed gains of 4.9 percent in July 2014 home prices compared to July 2013. This gain was slightly higher than the 3.7 percent seen in June and notably slower than double-digit

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VA Mortgage Rates: Lowest Of All Today’s Mortgage Rates

Looking for the absolute lowest mortgage rate available? Consider using a VA loan. According to data from mortgage software firm Ellie Mae, loans via the VA Loan Guaranty program carry lower mortgage rates, on average, than FHA loans, USDA loans,

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When’s The Best Time To Buy A Home When Prices For Homes Keep Rising?

Despite falling mortgage rates, homeownership costs increased through this year’s second quarter. For the first time since 2008, fewer than 63% of U.S. homes were affordable to households earning the national median income, assuming a 30-year mortgage rate and modest downpayment. With

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What to Know About Adding a Deck

Want to increase your living space and enjoy the open air more? Learn the requirements, costs and other considerations for building a deck Good weather should be enjoyed to its fullest extent. To do that you have to actually go

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NORFOLK’S FABULOUS NEIGHBORHOODS: SPOTLIGHT ON FAIRMOUNT PARK

Written by Derek Page Norfolk’s eclectic charm becomes evident when crossing the Lafayette River, heading north on Tidewater Drive, and into what was once marketed as “Norfolk’s Ideal Suburb,” Fairmount Park. With over 2,300 homes and approximately 11,000 residents, Fairmount Park

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How to Buy a Flipped House

Buyers often assume a flipped home is like new — move-in ready and free from hassles. The newly renovated home gets top dollar, and the buyer assumes it is perfect. Most buyers, however, don’t realize that some contractors or property “flippers”

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How to Stage Your Kitchen for a Home Sale

Attract buyers with a kitchen that’s clean, bright and welcoming — no expensive overhaul required A major kitchen overhaul can cost a huge amount of money — money you probably will not fully recoup when you sell. Instead of going

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