Rates for mortgages are still very low but have increased for the third consecutive week, Rates haven't been this high since about September 2009. The 15 year fixed rate is still in the mid 4's. Here is a link to the Washington Post from today, October 31, 2009. http://www.washingtonpost.com/wp-
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10/31/2009
This article was from the Washington Examiner dated October 18, 2009. The Principal Daniel Meier is still in office as the Principal presumably until found guilty in a court of law. My only objection is what kind of morals does this teach our youth? Robinson Secondary School is an exceptional hig
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10/30/2009
On Tuesday (Oct 27th) I went to a Broker's open hosted by the listing agent Ken Terrell (703) 850-2345. Ken had called me the day before and asked me to come see it. I was impressed with how great a condition this charming home is located at 3200 6th Street S, Arlington, VA 22204. If you drove up
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10/29/2009
It looks as if the major players in congress have come to agreement regarding the extension of the $8,000 tax credit, except it will be 10% less or $7,290. The credit will be extended until April 30th 2010 for homes under contract (the current incentive is for homes that have been "Closed"). Cons
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10/28/2009
An interesting article form Marketwatch today about the "unexpected" drop in NEW HOME sales. Although housing prices are up about 1.2% in August but down 7% over the last year in the Washington D.C. area(WSJ, Oct 28, 2009), we are still stuck in a tough market. My calculated guess is that new ho
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10/28/2009
I recently saw an individual wearing a button at a business meeting that said " I refuse to participate in a recession." Wow! What an optimist! That is how I try to think but every now and then I read something in the Wall Street Journal, The Washington Post, or online that gives me the creeps ab
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10/27/2009
Walking aroud the Country Club View neighborhood yesterday, I noticed a good bit of activity. Specifically, homeowners were having contractors update their homes. One had just been updated and sold, a nice colonial with five bedrooms and a nice wooded backyard had been recently updated and a new
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10/21/2009