The Smartest Way to Buy or Sell a Home

July 2009 - Posts

• Weekly Mortgage Indicator (Week of July 27, 2009)

  Every day brings news signs that the housing market is slowly coming back to life. Last week existing home sales were up 3.6% from May to June, marking the third consecutive month of positive growth. And today new home sales showed a robust 11% increase Read More... Posted Friday, July 31, 2009 4:16 PM by Annette Lane | 0 Comments

• National Security Agency Growth Could Add 11,000 Workers at Fort Meade

  The National Security Agency is planning to double the size of its headquarters at Fort George G. Meade in an expansion slated to bring more than 11,000 workers to the Anne Arundel County military base. Its plans are large enough to rival National Business Read More... Posted Friday, July 31, 2009 4:12 PM by Annette Lane | 0 Comments

• Confusion Over the $8,000 First Time Homebuyer's Tax Credit

  The federal tax credit for first-time home buyers is now half way to its December 1, 2009, expiration date, and it seems fair say that there is much confusion over how the credit works. Generally, buyers seem to be aware that there is a tax credit available, Read More... Posted Thursday, July 23, 2009 2:14 PM by Annette Lane | 0 Comments Filed under: Real Estate, Market Conditions, Announcements, Point2, Finances, Buyer Information, Seller Information, Community Information

• Update on BRAC and DISA

  For the first time, more than half the defense workers whose jobs are moving from Northern Virginia to Fort Meade as part of the federal base realignment and closing process say they are coming too, according to a new survey. Most intend to initially Read More... Posted Tuesday, July 21, 2009 9:41 AM by Annette Lane | 0 Comments Filed under: Market Conditions, Announcements, Industry, Community Information

• Housing Showing Stabilization!

  The U.S. housing market is showing signs of stabilization, according to inventory data released on Monday by national real estate brokerage ZipRealty. Emeryville, California-based ZipRealty reported a drop in the number of Multiple Listing Service-listed Read More... Posted Monday, July 20, 2009 2:08 PM by Annette Lane | 0 Comments Filed under: Real Estate, Market Conditions, Announcements, Technology, Industry, Finances, Buyer Information, Seller Information, Community Information

• Weekly Mortgage Indicator (Week of July 20, 2009)

  Mortgage rates increased last week due to a couple of economic releases. Inflationary concerns popped up after higher than expected numbers for both the Producer Price Index (PPI) and the Consumer Price Index (CPI). Most of the increase was the result Read More... Posted Monday, July 20, 2009 1:52 PM by Annette Lane | 0 Comments Filed under: Real Estate, Announcements, Industry, Finances, Buyer Information, Seller Information

• Weekly Mortgage Indicator (Week of July 13, 2009)

  Last week gave us another mixed bag of economic news. Initial jobless claims dropped 52,000 to their lowest total for the year. However, continuing claims jumped by 159,000 to the highest levels of the year. The good news in both of these reports is that Read More... Posted Wednesday, July 15, 2009 8:42 AM by Annette Lane | 0 Comments Filed under: Real Estate, Market Conditions, Announcements, Finances, Buyer Information, Seller Information, Community Information

• Weekly Mortgage Indicator (Week of July 6, 2009)

  I hope everyone enjoyed their holiday and got to spend some time with family. Thank you to all members of the military and their families for their continued sacrifice and commitment. Last week's economic news was dominated by worse than expected Read More... Posted Tuesday, July 07, 2009 10:56 AM by Annette Lane | 0 Comments

• Is Average Home Sales Price A True Indicator of Value?

  You may hear statistical data that average home sale prices went up in the last two months. Certainly encouraging news to sellers! However, for the last year, average sales prices have been inconsistent from month to month with no real pattern -- going Read More... Posted Friday, July 03, 2009 11:31 AM by Annette Lane | 0 Comments