What Do You Want to Know About Richmond VA Real Estate? No matter what it is about Richmond VA area real estate that you want to know… we are here to answer your questions. Please leave us a comment or question below and we will answer right away. Rest assured, your email address will […]
Automatic Bill Pay: Good Idea?
Automatic Bill Pay: Good Idea? Paying your bills online not only saves money, but trees, water and all kinds of other resources as well. But making electronic payments…especially automatically…carries some unique problems as well. Should you or shouldn’t you? (Video runs 1:31) Do you use automatic online bill pay? Have you encountered problems? […]
Warning to Sellers: Don’t Overdo!
Warning to Sellers: Don’t Overdo! With the housing market continuing to weaken, many sellers are going beyond the usual cleaning, painting and "staging" with flowers and pillows, by taking on big-ticket projects. Some experts warn that sellers are unlikely to get their money back from extensive renovations. But owners often feel they have […]
Home Equity Loan Defaults Soar
Home Equity Loan Defaults Soar One of the last sources of ready cash for homeowners looking to get money from their house appears to be shutting down and the results aren’t likely to be pretty for the economy. The structure of these loans appears to spell trouble for many home lenders with big […]
Housing Prices To Free Fall in 2008
Housing Prices To Free Fall in 2008 In keeping with our promise not to water down reality in what we cover for you at this site, we bring you news of a Merrill Lynch report released recently that said "The worse housing financial crisis in decades is only going to get worse." The […]
2008 Housing Outlook
2008 Housing Outlook Although home prices nationwide are down 4.2 percent from a year ago, some economists are predicting "the worst is yet to come." Just how bad will it get? According to Fiserv Lending Solutions, the median home price nationwide is expected to tumble 5.7 percent this year, which would make it […]
Owning vs. Renting: Still Not Even Close
Owning vs. Renting: Still Not Even Close U.S. house prices "likely would have to fall considerably" to return to a normal relationship with rents, says a study by one former and two current Federal Reserve economists. The study, which doesn’t necessarily reflect the views of Fed policy makers, suggests prices would have to […]
Recession Near or Already Here?
Recession Near or Already Here? More than three in four Americans believe the U.S. economy is already in a recession, or will be sometime in 2008. That’s according to a comprehensive poll commissioned recently by Fortune Magazine. Only 19 percent of 1,000 Americans surveyed believe the nation will avoid a recession, while 57 […]
Real Estate News – February 2008
Real Estate News – February 2008 Our February 2008 Newsletter is now up… From the right Nav Menu, Find "PAGES AND NEWSLETTERS" and Select "February 2008 below "Our Monthly Newsletters".
Lenders Beginning to Make Deals
Lenders Beginning to Make Deals With so many houses in the United States facing foreclosure, mortgage lenders are starting to offer favorable deals for distressed borrowers they would not have agreed to just six months ago. This is not altruism, but a case of lenders trying to avoid being stuck owning hundreds of thousands, […]
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