Northern Virginia Real Estate and Community News Blog

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® Legislative Meetings & Trade Expo. The high-profile session discu...

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 drove investors to the safety of government bonds,” says Sean ...

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 applying for a loan. In 2014, single-family purchase loan appli...

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 home more today and provide excellent financial return in the ...

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 Herndon Festival – Historic Downtown Herndon, VA – June 2...

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 safe and happy Memorial Day weekend! Viva! Vienna, historic Vi...

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 the South and West last month. Existing-home sales increased 1...

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. Saturday, 5/21 10am-6pm & Sunday, 5/22 10am – 5pm.  Spend th...

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 apartment at $3,000 per month will take up 77 percent of the ave...

It looks like we might see the sun for at least part of the weekend, and good thing because there is a lot of fun stuff happening in our area! Spring Farm Day, Frying Pan Park, Herndon, VA. Saturday 5/14, 10am – 3pm. Meet Frying Pan Parks newest baby animals and learn about life on the farm by participating in hands-on farm activities....