Northern Virginia Real Estate and Community News Blog

Blog Post Weekend Events: July 22, 2016
By Fred Westerlund - Friday, July 22, 2016

Weekend Events: July 22, 2016

Here's a look at what's happening in our area this weekend. It's supposed to hot, so don't forget your water and sunscreen! 155th anniversary of the First Battle of Manassas, Saturday, 7/23, 8:30am-5pm. Manassas National Battlefield, Manassas, VA: Learn about the First Battle of...
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Blog Post HUD Examines Housing Opportunities for Young Adults Repaying Student Debt
By Fred Westerlund - Friday, June 24, 2016

HUD Examines Housing Opportunities for Young Adults Repaying Student Debt

Struggles exist for many young adults trying to become homeowners, and the burden of repaying their student loan debt is in part delaying their ability to buy, according to speakers at a regulatory issues forum on student debt and homeownership at the 2016 REALTORS® Legislati...
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Blog Post Mortgage Rates Plunge to 3-Year Lows
By Fred Westerlund - Friday, June 17, 2016

Mortgage Rates Plunge to 3-Year Lows

DAILY REAL ESTATE NEWS | FRIDAY, JUNE 17, 2016 For the second consecutive week mortgage rates moved lower, and are currently the lowest since May 2013. "The 10-year Treasury yield continued its free fall this week as global risks and expectations for the Fed's June meeting drov...
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Blog Post Potential Borrowers May Be 'Self-Sidelining'
By Fred Westerlund - Sunday, June 12, 2016

Potential Borrowers May Be 'Self-Sidelining'

Credit standards for loans have tightened, but at the same time, oddly enough, there has been a drop in loan denial rates.CoreLogic economist Archana Pradhan believes some would-be borrowers – who may fear tighter qualification standards – are self-sidelining from app...
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Blog Post The 8 Most Financially Savvy Home Improvements
By Fred Westerlund - Saturday, June 4, 2016

The 8 Most Financially Savvy Home Improvements

When it comes to home improvement, some dollars stretch more than others. And if you’re on a limited budget, it becomes even more important to spend those dollars wisely. Here are eight affordable (under $5,000) home improvement projects that’ll help you enjoy your ho...
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Blog Post June 3 - Weekend Events
By Fred Westerlund - Friday, June 3, 2016

June 3 - Weekend Events

Warm weather is finally here and with it comes the start of festival season in Northern Virginia. This weekend there is a festival for everyone ranging from pet owners to wine enthusiast. Hopefully the weather reports are wrong and we’ll get some rain free skies! 36th Annual H...
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Blog Post May 27 - Memorial Day Weekend Events
By Fred Westerlund - Friday, May 27, 2016

May 27 - Memorial Day Weekend Events

The sun has finally decided to show itself just in time for the pools to open this weekend. If you need a break from the pool, there are many events happening in our area to both celebrate the start of summer and to honor our fallen heroes. Whatever you decide to do, have a saf...
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Blog Post Existing-Home Sales Up, Despite Challenges
By Fred Westerlund - Saturday, May 21, 2016

Existing-Home Sales Up, Despite Challenges

DAILY REAL ESTATE NEWSExisting-home sales continue to be on the upswing, despite ongoing inventory shortages and escalating home prices, the National Association of REALTORS® reported Friday. Sales increases in the Midwest and Northeast regions helped to offset declines in th...
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Blog Post May 20 - Weekend Events
By Fred Westerlund - Friday, May 20, 2016

May 20 - Weekend Events

Here’s what’s happening in our area this weekend. Unfortunately, Saturday’s rainy forecast has caused some cancellations, but hopefully everyone will still have a fantastic weekend! 25th Annual Northern Virginia Fine Arts Festival – Reston Town Center, Reston VA. Saturda...
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Blog Post Rental Costs Eat Up 70% of Your Income Here
By Fred Westerlund - Saturday, May 14, 2016

Rental Costs Eat Up 70% of Your Income Here

Soaring rental costs are taking a big dent out of some renters’ paychecks, and creating hardships for entry-level employees in particular. In New York City, the average entry-level employee earns $47,000 per year. That means affording the rent of an average one-bedroom apar...
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