home refinance

Feds Concerned About Home Refinance Schemes Targeting Vets

Tue Oct 2017

The Government National Mortgage Association, also called Ginnie Mae, is planning to crack down on aggressive predatory lending practices aimed at home refinance schemes targeting U.S. veterans that have U.S. Department of Veterans Affairs (VA) home loans. Ginnie Mae was urged to take action by Senator Elizabeth Warren, D-Massachusetts, on the ...

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DC housing market

DC Housing Market Ranks as Third Most Active Market

Fri Oct 2017

The Washington DC housing market was ranked as the third most active metro market for the second quarter of 2017 in a new report by ATTOM Data Solutions, the nation’s largest multi-sourced property database. The results of the report, The Q2 2017 Pre-Mover Housing, are based on the ratio of homes ...

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single-family homes

What Are the Construction Trends for Single-Family Homes?

Mon Sep 2017

According to a report by Fixr, the open floor plan is the most desirable design feature in single-family homes this year. The report was based on a survey of industry professionals who were asked questions about the most desirable house plan and layout features, as well as about emerging home ...

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first-time homebuyers

Loans & Programs for First-Time Homebuyers

Fri Sep 2017

Because coming up with the down payment is the biggest barrier for first-time homebuyers, there are many grant and loan programs available designed to assist them. Some of these allow you to purchase a home with little or no down payment. Here are five that you might want to check ...

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realtor safety

September Is Realtor Safety Month

Wed Sep 2017

This month is the National Association of Realtors (NAR) Realtor® Safety Month. The organization has also just released the results of its 2017 Member Safety Report. This survey asked members from across the country questions about how safe they feel while on the job. Of the 3,200 respondents, 9 out of ...

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bank profits

Second Quarter Bank Profits Rebound to Post-Crisis High

Fri Sep 2017

Bank profits were higher for the second quarter of 2017 than they have been since the economic crisis, according to the Quarterly Banking Profile released by the Federal Deposit Insurance Corp. (FDIC). Quarterly net income rose 10.7% for the quarter compared to Q2 2016 and totaled $48.3 million. Higher Bank Profits ...

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Baltimore

Baltimore Has the Cool Factor and People Are Noticing!

Mon Aug 2017

A few weeks ago, Smithsonian.com ran an article with the title, “How Baltimore Quietly Became the East Coast’s Next Cool City.” It’s about a Maryland native who returns to explore the city for the first time in two decades and finds something unexpected – a vibrant, trendy, diverse city, with ...

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Metro DC Home Prices

Are Metro DC Home Prices Too High?

Wed Aug 2017

We all know it’s expensive to live in or near the nation’s capital, but are metro DC home prices too high? According to the CoreLogic Home Price Index (HPI) for June, the answer is “Yes.” The D.C. region is one of four of the ten largest metro areas in the ...

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homes

Five Things to Do to Make Homes Sell Fast

Wed Aug 2017

It’s a seller’s market right now. In May, according to Redfin, more than a quarter of homes sold for more than their asking price and the typical home was only on the market for 37 days before getting an offer. However, depending on where you live, it may take much ...

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maryland housing market

How Will the Purple Line Affect the Maryland Housing Market?

Mon Aug 2017

The Purple Line is currently on hold while environmental impacts are further analyzed; however, the community organization Greater Greater Washington (GGW) recently raised questions about how the line will affect the Maryland housing market and especially those who live in communities along the rail line when the project is completed. What ...

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