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Home Buying, barbecue, cooking, Deck, kitchen, outdoor kitchen, patio
Outdoor kitchens continue to be one of the hottest trends in home décor, but not all of them are created equal. Here are some things to consider when evaluating the safety and durability of this attractive yet vulnerable feature: Is there adequate ventilation? Extensive outdoor cooking spaces should be carefully designed to keep smoke and [...] | Amenities, Buying, Commercial, Condo Communities, Condo Living, Condo Sales Tips, Garden-Style Condos, High-Rise Condos, Home Buying, Luxury homes, Neighborhoods, Newly Built, Newly Built Condos, Real Estate, Residential, Single Family Homes, Types of Homes, condos, luxury condos, condo lifestyle, condominiums, Utilities
Why choose to buy a condominium? Condo life is a simplified way of living for those with active and busy lifestyles. There are a lot of reasons as to why people prefer to live in condos than in houses. One would be that some condos do cost less than a traditional single family house, while [...] | Home Buying, Home Finance, Northern Virginia, 30 year fixed mortgage, Alexandria VA, freddie mac, mortgage, mortgage bankers association, mortgage rates, purchase loans, wages
Average interest on a 30-year fixed mortgage fell to an all-time low of 4.69 percent this week, down from 4.75 percent a week ago, reports Freddie Mac. Although rates have held below 5 percent since early May, Michael Fratantoni of the Mortgage Bankers Association notes that demand for purchase loans has fallen in six of [...] | Home Buying, buyers and sellers, House, Real Estate, real estate professionals, Sellers
The jittery economy appears to be what gives some buyers and sellers cold feet, causing them to kill the deal – often at the eleventh hour – creating disappointment and frustrating real estate professionals. In the case of buyers, an abundance of choices appears to be a key culprit. There are so many houses on [...] | Buying, Home Buying, 30 year mortgage, annual gift tax exclusion, closing cost, closing costs, family member, legal advice, mortgage, single, taxes
Helping someone close to you buy a low-cost property – $50,000 or less – is a fairly straight-forward transaction, although it may require specific legal advice, says Charles Carter, an attorney and a consultant at Haint Blue Realty in Mount Pleasant, S.C. Carter suggests that buying a property outright, using the gift exclusion ($13,000 for [...] | Home Buying, Market Updates, Federal Reserve, Interest rate, interest rates, mortgage rates
The near-record low mortgage rates seen during the past few weeks may not be around much longer. Signs of improving economic conditions could lead Federal Reserve Chair Ben Bernanke to raise key interest rates, driving up mortgage rates, says Stephen Stanley, chief economist at Pierpont Securities LLC. The evidence includes more consumers are paying their [...] | Featured, Home Buying, Home Finance, Market Updates, fixed rate loan, home buyer, home buyers, interest rates, mortgage, tax credit
Missing the tax credit deadline might have seemed like a big mistake to some home buyers, but waiting could have been the smartest thing to do. Interest rates have fallen so dramatically since April 30th that the typical purchaser of a $350,000 home, financed with a $280,000 mortgage, would have saved a bundle by waiting [...] | Arlington, Home Buying, Market Updates, first-time homebuyer, Real Estate, research, tax credit
Here’s a snapshot of what’s going on in the real estate market in Arlington VA as of April 28, 2010. The median price of homes sold increased sharply after March and at the same time the average number of days on the market decreased. This is a strong indicator that the market is recovering. As [...] | Home Buying, cost of ownership, earthquake insurance, fire department, history, insurance, insurance policies, professional fire, property, purchase, volunteers
The price of insuring a property can raise the cost of ownership significantly. There are various factors that affect the cost of insuring a home: Location. A home near a fire hydrant or protected by a professional fire department, as opposed to volunteers, will cost less to insure. History of claims. Previous claims push up [...] | Home Buying, Real Estate Buying Tips, 30 year fixed rate, fixed rate loan, homeowner, median home prices, metropolitan areas, NAR, real estate investment, real estate investment services, renting vs. buying
The cost difference between buying and renting is as narrow as it has been since 1993, according to a study on homeownership by Marcus & Millichap Real Estate Investment Services for the Associated Press. The study examined rent and home prices in 45 metropolitan areas and concluded that gap between a payment on a median-priced [...] |
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