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Nice Place, but What’s It Really Worth?
You don’t want to overpay for that house, but the people whose job it is to determine what a home is worth are finding the market challenging, too. More: continued here
Continue reading...Low Price, Low Rate, Sky-High Fees
17. April 2009
House prices and mortgage rates are down, which sounds great for buyers and refinancers. But a series of underwriting and appraisal changes taking effect this month is throwing new obstacles in the way of borrowers and loan officers. More: continued here
Continue reading...Housing Starts Fell Sharply In March
16. April 2009
New-home construction tumbled 11 percent in March, according to government data released yesterday, dashing hopes that the troubled housing market had begun to improve. More: continued here
Continue reading...Fairfax County Supervisors’ Chairman Offers Budget Alternative to Save Jobs
15. April 2009
Fairfax County Board of Supervisors Chairman Sharon Bulova has proposed scaling back key housing and environmental initiatives next year as part of a budget proposal that aims to save county jobs, keep taxes even and preserve services for those being hit hardest by the economic downturn. More: continued here
Continue reading...Six Lenders Join Mortgage Program
15. April 2009
The Treasury Department said yesterday that it has signed contracts with six major mortgage lenders to participate in the Obama administration’s $75 billion foreclosure prevention effort. More: continued here
Continue reading...Ashburn Family Reacts to Economic Downturn
14. April 2009
The Coughlin family lives in the tidy Ashburn community of Broadlands. Stacey, 32, a bubbly, athletic-looking woman who is director of business development at a construction company, is a self-described shopaholic who likes Juicy Couture. Michael, 34, an easygoing guy who paints cars for Ted Brit… More: continued here
Continue reading...Do You Qualify for Federal Mortgage Assistance Programs?
14. April 2009
QHow can I find out whether I will qualify for help with my mortgage under the Obama administration’s plan? More: continued here
Continue reading...Buyers Flock to Foreclosures, but Deals Are Often Delayed
14. April 2009
Anxious to meet the bank’s demands for quick action, Andrew Garcia and his fiancee, BethAnne Hoffmann, rushed to find financing to buy a foreclosed-on house in a lovely tree-lined Baltimore neighborhood. More: continued here
Continue reading...Disclosing Energy Efficiency
11. April 2009
Picture this: You’re shopping for a home, dropping by open houses on a weekend. Each house you visit has an easy-to-understand disclosure about something that’s typically unknown: its annual energy-guzzling costs. More: continued here
Continue reading...A Cherry Blossom Hideaway Without the Crowds in Kenwood
10. April 2009
When he moved to Kenwood six years ago, Kevin Keyes knew about the famous cherry blossoms, which form a pillowy pink-and-white canopy over the neighborhood each April. More: continued here
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17. April 2009
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