(Yet Another) Trap for Home Buyers to Avoid

In his superb Washington Post Column, Ken Harney analyzed a little publicized settlement between the FTC and fallen Investment Bank firm Bear Stearns that has implications for the way buyers should get and handle their loans.  From the column, the complaint against Bear Stearns’ subsidiary EMC was: But the FTC’s complaint and settlement on Sept. 9 allege that EMC hit mortgage customers with unauthorized fees, …

The Future of Tysons Corner (& Fairfax County)

The Fairfax County Board of Supervisors unanimously approved a plan developed by the Tysons Land Use task force for the future development of Tysons Corner.  The plan is a vision of what Tysons Corner can become over the next 40 years.  A centerpiece of the plan is dividing Tysons into 8 distinct districts or neighborhoods that will make up the “city” of Tysons Corner.  The …

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Tag…I’m it.

Teri Lussier, author of The Brick Ranch in Dayton, OH pointed her finger at me in her meme.  That means I get to write a post all about me & me.  Read the rules at the bottom of this post if you don’t know what a meme is.  So here are six random things about me that you might not know: 1.  I really like …

Part 2 of the Network Solutions Roundtable

I posted a link to the first part last week.  Now you can ready part two of the Network Solutions roundtables that Bob Carney and I did.  You can also check out my post on the interview.  During the roundtable, Bob and I talked about how small businesses, and real estate agents in particular can leverage the web for their business. Related Posts:No Related Posts

Northern Virginia Real Estate Market Update

August was the fifth strong month in a row for the Northern Virginia real esate market, which includes Arlington, Alexandria, Fairfax, and Falls Church.  In years past, we typically see the market absorption rates slowing this time of the year, but August remained above the 20% threshold.  This translates into a 5 month market for a person trying to sell their home. Below are the …

Fairfax City Real Estate Market Update

The Fairfax City real estate market finally caught up with the larger market surrounding it in August.  I ave been a little puzzled the last few months how this very small market in the middle of a very large market (Northern Virginia) could consistently lag it in the percentage of homes sold.  In August Fairfax City was right in sync with the Northern Virginia Market …

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Interview on Web 2.0 Connections

I was interviewed along with Bob Carney of Long & Foster for the Solutions are Power Blog of Network Solutions this week.  They wanted to know how we used Web 2.0 in our Real Estate Businesses.  You can read the interview here. The short answer is that I use the web to connect with people and share information.  The interview list some sites where I …

Fairfax City July 2008 Market Update

The real estate market in Fairfax City was solid in July with 31 0f the 176 houses (18%) going under contract in the month.  This is slightly better than last July when 16% of the houses on the market sold, and way better than July of 2006 when only 8% of the homes on the market went under contract. Below is a spreadsheet showing home …

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Short Sales in Fairfax

There is a little debate going on among Realtors about the advisability of buyers looking at, and bidding on short sales. Short sales are homes that are for sale that the owners owe more money on than they are listing the house for. They are NOT planning on making up the difference, but are asking their mortgage company to take the hit on the property.  …