January 2009
Move-Up Homebuyers Face New Lending Challenges This Spring
January 23, 2009 by MikeRosen · Leave a Comment
When a homeowner sells his home and decides to buy a new one, there are 3 basic options for the residence — sell it, keep it, or rent it.
Unfortunately, no matter which path they choose, move-up homebuyers in need of a new conforming mortgage will find qualifying for a home loan to be more difficult this [...]
1021 N. Garfield Street #641, Arlington, VA | AR6965922
January 22, 2009 by MikeRosen · Leave a Comment
2BR/2BA Condo
offered at $590,000
Year Built
2005
Sq Footage
1,185
Bedrooms
2
Bathrooms
2 full
Floors
1
Parking
2 garage spots (full size)
HOA/Maint
$434 per month
DESCRIPTION
2 blocks to Clarendon METRO and 1 block to Market Commons, shops and restaurants. Sought after Clarendon 1021 w/ BALCONY, gourmet kitchen, hardwood floors and S/S appliances. South facing w/ plenty of [...]
11990 Market Street #1602, Reston, VA | FX6964124
January 20, 2009 by MikeRosen · Leave a Comment
SOLD!
This Is Luxury Living!
3BR/3BA Condo
offered at $939,500
Year Built
2006
Sq Footage
2,111
Bedrooms
3
Bathrooms
3 full
Floors
1
Parking
2 garage spots (full size)
HOA/Maint
$968 per month
DESCRIPTION
Luxury condo w/bright, open floor plan & incredible views from 16th floor. Gourmet kitchen w/ granite counters & SS appls. Floor-ceiling windows, HW floors & fireplace. Huge master suite w/sitting rm [...]
Housing Predictions For 2009? Keep ‘Em To Yourself.
January 6, 2009 by MikeRosen · Leave a Comment
The New Year is not yet one week old but that’s not stopping market “experts” from predicting what’s in store for 2009.
The calls on housing and mortgage rates run the gamut:
Home prices have farther to fall
Home prices have touched bottom
Mortgage rates will dip
Mortgage rates will rise
Put it all together and it’s clear that the experts have [...]
A Cleaner, Eco-Friendly Paint For Your Home
January 5, 2009 by MikeRosen · Leave a Comment
Poor indoor air quality is linked to Sick Building Syndrome, a combination of ailments with more than 50 seemingly separate and unrelated symptoms, including:
Dizziness and nausea
Headache
Symptoms related to Irritable Bowel Syndrome
Personality changes
Avoiding sickness like this – as explained by The Today Show — may be as simple as choosing the right paint for your home.
Most “standard” [...]
It’s 2009 : Mortgage Loan Limits Fall As Scheduled In “High-Cost” American Cities
January 2, 2009 by MikeRosen · Leave a Comment
As part of the Economic Stimulus Act of 2008, Congress authorized a conforming loan limit increase in “high-cost” areas around the country. Versus the national conforming loan limit of $417,000, for example, a Manhattan home buyer could secure a 2008 mortgage for $725,000 and still be within “conforming” guidelines.
Effective January 1, however, those limits rolled [...]
