Reverse Mortgages Gaining Popularity - 12/13/07 01:04 PM
According to an article in The Wall Street Journal, reverse mortgages are gaining in popularity and variety in product.  Where in previous years, reverse mortgages were typically a last resort for elderly homeowners facing foreclosure, now people as young as 60 are eligible to take reverse mortgages on their home for indulgences such as travel.  The minimum age has gone down, and so have the number of products available.   This is because more private investors are purchasing reverse mortgages that were typically only purchased by Fannie Mae, in hopes of packaging them and selling them down the road.  Keep an eye … (3 comments)

Economy.com Predicts Increased Sales in DC - 12/04/07 01:37 PM
"To find those areas which are expected to experience increased sales, Forbes paired with Moody's Economy.com to research current home sales patterns and sales projections in the country's 40 biggest real estate markets. Based on models that estimated 2008 housing inventory, sales rates and turnover, they arrived at a list of markets that are experiencing price stalls or declines, but where over the coming year are expected to provide deals for buyers.  The results turn out three types of markets. The first are undervalued, affordable markets like Fort Worth (TX), which haven't felt huge, post-boom price corrections, but where there is … (1 comments)

 
Shari Walker (LICENSED IN DC, MD, & VA) (Keller Williams)

Shari Walker (LICENSED IN DC, MD, & VA)

Washington, DC

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Keller Williams

Address: 6820 Elm Street, Suite 100, McLean, VA, 22101

Cell Phone: (202) 731-1594

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A fresh perspective on real estate, Washington DC, and Washington DC real estate.


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