Burke Real Estate News
Real Estate news for Burke, VA continually updated from thousands of sources.
Monday Oct 20 | via Patch.com
The Northern Virginia real estate market experienced some positive trends in September, according to a real estate trends report released Monday by Long & Foster. Here are insights, directly from the report: According to The Long & Foster Market Minute reports, homes across the region are selling in about six weeks or less on average. Comment?
Friday Oct 10 | via Business Journal
The Washington housing market continues its 2014 trend, with fewer buyers and more sellers than a year ago, and while prices have held up, some jurisdictions saw prices in September fall from year-ago levels. Listing service MRIS' monthly RealEstate Business Intelligence Report says closed sales in September were down 14.8 percent from August and 2.2 percent lower than a year ago. Comment?
Tuesday Sep 30 | via Virginia Business
AJ Medina was able to buy a house in Virginia Beach only four years after graduating college. Photo by Mark Rhodes When he graduated from Virginia Tech four years ago, AJ Medina could have returned home to job-rich Northern Virginia. Comment?
Wednesday Sep 24 | via Political Wire
Sen. Pat Roberts "put a signature to documents associated with the mortgage on a Virginia residence that identify the Fairfax County home as 'principal residence' of the three-term incumbent Republican," the Topeka Capital Journal reports. Comment?
Sep 17, 2014 | via Loudoun Times
A balance is returning to the Loudoun County housing market as prices continue to climb, albeit more slowly, in the housing recovery. Comment?
Yesterday | via Business Journal
Unlike the across-the-board slowdown in Northern Virginia, housing sales across the Potomac remain strong with prices up from a year ago. Comment?
Thursday Oct 16 | via Business Wire
Eagle's proposed acquisition of Virginia Heritage Bank previously received all required regulatory approvals. Subject to the satisfaction of customary closing conditions, the merger is expected to be completed on October 31, 2014. Comment?
Thursday Oct 16 | via Business Journal
In September, Greater Washington had 1.4 percent fewer home sales than last year for a total of 5,607 sales. Comment?
Sunday Oct 12 | via The Washington Post
Mark Loewen and Leo Mick, a Richmond couple, met at college in Virginia and spent eight years building a life there together. But because Loewen was an immigrant without full legal rights, and the two men could not marry without starting over and moving to another state, they faced constant financial, legal and emotional strains. Comment?
Friday Oct 10 | via WRVA-AM Richmond
Henrico, VA _ UPDATE: Henrico Police say they have recovered a 2014 Pathfinder stolen from a house in the 2700 block of Rudwick Road Wednesday, but are still looking for the thief. Police believe the man who stole the SUV is the same man who sexually assaulted a real estate agent he had asked to show him a model home in the 2400 block of Woodman Hills Terrace earlier. Comment?
3 min ago | via Weyburn Review
Average U.S. long-term mortgage rates continued to slide this week, raising prospects of a wave of consumers refinancing their loans. The 30-year mortgage fell further below 4 per cent. Comment?
6 min ago | via Fort Francis Times
It is essential for the bulk of Canadian economic activity to begin shifting from the backs of households to business investment and exports, the Bank of Canada said yesterday as it kept its trend-setting interest rate fixed at one percent. In its monetary policy report, the central bank pointed to rock-bottom borrowing rates as a contributor to "renewed vigour" in consumer spending and the real estate market since July. Comment?
1 hr ago | via Philadelphia Weekly
Cheap mortgages are renewing interest in refinancing, but don't seem to be doing much to spur homebuyers into action yet. Freddie Mac's weekly survey of lenders shows rates on 30-year fixed-rate home loans at 3.92 percent, the best rate since June 2013. Comment?
11 min ago | via Business Journal
Marked drops in investors buying cheap distressed homes coupled with tighter mortgage lending continues to slow the Phoenix housing market. That is according to Michael Orr , an Arizona State University housing expert and the director of the Center for Real Estate Theory and Practice at the W. P. Carey School of Business. Comment?
16 min ago | via WZVN-TV Fort Myers
Homeowners seeking to save some on mortgage payments can celebrate: The average rate for 15-year, fixed-rate mortgages, one of the most popular refinance products, has dipped to its lowest level since June 2013. The 15-year fixed hit 3.08% according to Freddie Mac's weekly survey, a tenth of a percentage point lower than last week and down sharply from 3.36% early in the month. Comment?
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