Long-Term Numbers Tell a Different Story

The latest federal statistics on housing prices in hundreds of local markets reveal patterns that haven't been making the news: While on a national basis homeowners have lost more than $1 trillion in equity since the end of the boom, the overwhelming majority of markets continue to show net cumulative value growth over the past 60 months.
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Richmond-area home sales rise

Total homes sales in the core area of Richmond the city and Chesterfield, Hanover and Henrico counties rose 1.6 percent in the third quarter from the same period a year ago.
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Prices move homes

A couple years ago, prospective buyers getting caught up in a bidding war was common. But most houses are staying on the market longer now, and bidding wars are few.
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The Housing Crisis Is Over

The dire headlines coming fast and furious in the financial and popular press suggest that the housing crisis is intensifying. Yet it is very likely that April 2008 will mark the bottom of the U.S.
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Ignore the headlines

Famed Money Manager is perhaps best known for his timeless wisdom that you can beat the pros by focusing on stocks of companies where you either work or shop or have some other edge. But a more relevant Lynchism today is this gem: Ignore the headlines.
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The REAL Richmond Residential Real Estate Forecast

According to sources from the Home Building Association of Richmond (HBAR), mortgage rates in the metropolitan area are at historical lows with the inventory of new and existing homes high.
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Selling? Make sure the price is right

According to sources from the Home Building Association of Richmond (HBAR), mortgage rates in the metropolitan area are at historical lows with the inventory of new and existing homes high.
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Richmond area lowest for foreclosures

The Richmond region had the lowest foreclosure rate among the nation's top 100 metropolitan areas, according to a midyear report released yesterday by RealtyTrac.
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Home sales may pick up

Pending home sales index shows surprising gain in June, suggesting more deals to buy houses are in pipeline to close.
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Keeping Your Eye on the Ball:

The Financial Benefits of Homeownership
That’s essential advice not only for many sports, but for anyone thinking about buying — or not buying — a house this spring or summer.
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A buyer's market for homes

Listings are rising, as is time on the market for houses in Virginia
Virginia's housing market is a buyer's market, according to the Virginia Association of Realtors. The number of new and existing homes listed for sale statewide jumped 19 percent in...
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Buying in a Soft Housing Market

Everybody knows the housing boom is over in most parts of the country. But what does that mean for people who are thinking about buying a new...
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What’s Stopping You from Buying a New Home?

If you’re like a lot of people, you may be having trouble parting with — or selling — your current home. Without the proceeds from the sale, you can’t swing the new purchase....
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Finding a Mortgage

Alternative vs. the Old Standards, What’s Right for You? Almost anyone buying a home in 2006 will need to grapple with important questions like these...
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