real estate
1021 Garfield Street North #615, Arlington, VA 22201 | AR7384215
July 9, 2010 by MikeRosen · Leave a Comment
Upgraded ceiling fans, kitchen and bath fixtures, carpeting, blinds and custom paint throughout. Beautiful hardwood floors, gourmet kitchen w/ SS appliances and granite countertops. Full size parking space – can fit large suv. METRO 2 blks. Amenities: Gym, CyberCafe, Conf rm, Rooftop Pool w/Monu View, 24hr Security.
See the full listing for 1021 Garfield Street North [...]
5834 Upton Street, McLean, VA 22101 | FX7371826
June 24, 2010 by MikeRosen · Leave a Comment
Newly updated home in sought after Chain Bridge Forest—just 4 minutes to DC! Open and spacious floor plan with formal living room and separate dining room and huge windows for plenty of sunshine. Brand new gleaming hardwood floors throughout the main level and new granite counters and stainless steel appliances in the kitchen. [...]
The First-Time Home Buyer Tax Credit Extended and Expanded to Include Current Homeowners
November 6, 2009 by MikeRosen · Leave a Comment
Congress both extended and expanded the First-Time Home Buyer Tax Credit program Thursday.
The White House says the President will sign it into law today.
The up-to-$8000 tax credit’s expiration date has been pushed forward to spring, requiring homebuyers to be under contract by April 30, 2010, and to be closed by June 30, 2010.
The program’s basic eligibility [...]
Because Of The Federal Reserve, You Should Lock Before 2:15 PM ET Today
November 4, 2009 by MikeRosen · Leave a Comment
The Federal Open Market Committee caps off a scheduled, 2-day meeting today in the nation’s capital, its 8th meeting of the year.
The group adjourns at 2:15 PM ET and, as is customary, will issue a press release reviewing its monetary policy and the health of the U.S. economy.
The FOMC’s post-meeting statements are brief but comprehensive. They’re a window into the [...]
Higher Home Prices Ahead, Says The Pending Home Sales Index
November 3, 2009 by MikeRosen · Leave a Comment
The housing market continues to steam forward.
As reported by the National Association of Realtors®, the Pending Home Sales Index posted its 8th consecutive monthly gain in September.
It’s the longest winning streak in the history of the index and Pending Home Sales are now at their highest levels since December 2006.
A Pending Home Sale is a [...]
How To Find Good Deals As The Buyers Market Comes To An End
October 30, 2009 by MikeRosen · Leave a Comment
At some point in their lives, every home buyer in America has wondered “Is now the best time to buy a home?” In this 3-minute video, NBC’s The Today Show does a good job of answering the question.
The conclusion? Yes, but not if you’re going to overpay.
The Buyers Market is ending, we learn, as home [...]
What The Media Missed In September’s New Home Sales Report
October 29, 2009 by MikeRosen · Leave a Comment
Some days, newspaper headlines are a terrible place to get your real estate news.
Today is one of those days.
After the September New Home Sales report showed sales volume down from August, the mainstream media jumped on the story:
New Home Sales fall a surprising 3.6%
Surprise Drop In New Home Sales
Stocks slide as New Home Sales fall
But the headlines miss [...]
Home Values In 95% Of Case-Shiller Markets Are Improving Year-To-Year
October 28, 2009 by MikeRosen · Leave a Comment
For August, the Case-Shiller Index showed annual home values improving across 19 of 20 U.S. markets, including our very own metro Washington D.C. market. It’s the first time in 3-plus years that the benchmark housing index has shown such strength.
According to a Case-Shiller Index spokesperson, “The rate of annual decline in home price values continues [...]
Falling Home Supplies Mean More Multiple-Offer Situations For Buyers
October 27, 2009 by MikeRosen · Leave a Comment
The national housing supply fell to a 2-year low last month, according to the National Association of Realtors®.
At the current sales pace, existing home inventories would sell out in 7.8 months — 30 percent faster versus November 2008.
For a 10-month window, that’s a major housing supply reduction and it helps to explain why multiple-offer situations [...]
The Fed Thinks The Economy Is Improving And What It Means For Home Affordability
October 16, 2009 by MikeRosen · Leave a Comment
Mortgage rates are higher after the Federal Reserve released the internal notes of its September 22-23, 2009 meeting.
Known as the ”Fed Minutes”, the report details the conversation and cross-currents that led to the Federal Reserve’s decision to vote “unchanged” on the Fed Funds Rate after its last meeting.
The Fed Minutes are the lengthy companion to the more famous, [...]
