While sales finally seem to be stabilizing, prices are still likely to keep sinking well into next year and maybe longer. Prices have been cut in half in Las Vegas and Phoenix, according to one popular home price measurement.
But statistics like these mask the many complexities involved in trying to measure U.S. home prices.
Every home price gauge captures a somewhat different slice of the housing market, even when they... Read Full Story
We have heard a lot about Facebook this week and viruses, we were wondering what is going on.
It doesn’t matter what age you are, someone is out there, has already planned to take your money by any means necessary. Even the tech savvy internet folks who are communicating through social networks are in trouble. Something that started on the premise that folks can communicate with each other by internet has turned into a nightmare. You can gain friends by the same profession as yourself, even ... Read Full Story
Hey Folks Out There, Y'all can git Legal Moonshine in the state of ole Virginny.
Belmont Farm Distillery is where "Legal Moonshine" is made. Master distiller, Chuck Miller, got this idea from his Grandfather (who made illegal moonshine, back in his day). In 1987, six miles south of Culpeper, Virginia, on their 189 acre farm, in their backyard, Chuck and Jeanette Miller renovated an old workshop into a distillery. Licenses and permits were obtained from the Federal and Stat... Read Full Story
As you may have read, we are very enthusic about wine within distance of Stafford, VA. We have found some that we did not know is near to us folks in Stafford, VAHere's one we hope you enjoy, IngleSide Vineyards in Oak Grove, VA. Come find the casual side of elegance at Ingleside Vineyards. Our vineyards and winery are like nowhere else on earth. You will not find strip malls on every corner here in the Northern Neck, and you will probably see more herons than minivans. But that... Read Full Story
Borrowers With Good Credit Push Foreclosures To New Levels.
As many of you already know….the foreclosures crisis has spread far beyond the ‘Sub-Primes Borrowers’ to the prime borrowers. Here is a look at what is happening on a national scale.
The mortgage crisis is spreading and hitting new heights: Borrowers with good credit now make up the largest share of foreclosures as job losses and pay cuts exact their toll.
A record 12 percent of homeowners with a mortgage were behind on their payme... Read Full Story
Foreclosures Coming.."With A Vengeace"
Diana Olick, CNBC just posted this on her blog….
I got a call yesterday from Scott Scredon at the Consumer Credit Counseling Services in Atlanta. He says they’ve seen a distinct change in callers. "We’re getting calls from engineers and attorneys and post graduate students," he says. "Many of these people run through their 401Ks and their savings and start living off credit cards and then they call a counseling agency for h... Read Full Story
Great News and Sad News
Larry and Madeline Whitehead have changed Brokerages from Saab Realtors® Corporation which we have enjoyed for many years, working together. We are now with the Brokerage Heatherman Homes LLC in Fredericksburg, VA. The commute into Tyson’s has been a bear for us from Stafford, VA. It is sad that we had to leave a Brokerage that has been very kind and helpful to us. That drive was taking a toll on us. We decided it would be best for us to become realtors® wit... Read Full Story
MLS# FX672365 9864 Hagel Circle Lorton, VA Selling Price: $195,000Subdivision: The HighlandsDescription:BANK OWNED! BELOW MARKET! Sold as is. Great location! Close to Ft.Belvoir, Rt 1 and I-95. Exterior ... Read Full Story
MLS# PW6723725 1634 Thenia Place #5-1 Woodbridge, VA Selling Price: $149,900Subdivision: Devils Reach CondoDescription:Nice 3 level TH/condo in a great location. Convenient to I95, Rt 123 and Prince William Parkway. Walkout basement. Exterior &... Read Full Story
