Serving Northern Virginia
Leave it to Jon Stewart to come up with another look at the housing market. Guess he doesn’t qualify for a short sale! The Daily Show With Jon Stewart Mon – Thurs 11p / 10c Home Crisis Investigation www.thedailyshow.com Daily Show Full Episodes Political Humor Joke of the Day
It seems like every day an agent is screaming about a low appraisal that has derailed a deal. Yet I wonder if we added up all of the settlements that have taken place since the new HVCC rules had come into play and then asked for the number of settlements that had appraisal issues, we…
In our current market in Prince William County, inventory is low and multiple offers are fairly common. When you are dealing with REO properties it isn’t unusual to see the MLS comments say “multiple offers submit highest and best by today at 5PM.” There are some agents who take the attitude this means make an…
There is new term floating around the sagging housing market these days. Strategic Foreclosure homeowner’s who can’t refinance due to lack of equity, have ARM’s scheduled to reset in the near future and who have assets in the bank. They don’t qualify for any government program, don’t qualify for a short sale and see no…
Often as agents we are ask to justify how we earn a living. There are a variety of ways you can hire an agent. Either a “flat rate”, an hourly consulting rate or a straight commission (always negotiated and never set.) Not all agents are the same and sometimes when you see an ad such…
Will this appear in future law text books? Wells Fargo sues itself. Really….dumb!
More and more we hear buyer’s (and agents) complaining that all they can find for sale in Northern Virginia are short sales and foreclosures. But is that really true? For most of the first half of 2009 anyone searching through the Northern Virginia MLS quickly found short sales dominated the listing categories. In Prince William…
There is one thing about data you can always count on. Two people can look at the same set of data from the MLS and come up with two different interpretations. Yesterday I pulled up a search of a West Springfield (VA) neighborhood to update a market report and community profile. I ran a CMA…
If so you must be a Virginian. I’m sorry to say that according to Martek, a company which researches brain health and creates DHA based products, reported that Virginia ranks #27 on the list of brain healthy states. Ouch! The number one place for brain health is, drum roll please….DC. This could be the fodder…
