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Homes For Sale Near Upton Hill Regional Park and Seven Corners
Upton Hill Regional Park, located at 6060 Wilson Boulevard in Arlington, Virginia near the Arlington and Fairfax County line at the intersection of Patrick Henry Drive and Wilson Boulevard. Upton Hill offers local residents and visitors alike a versatile, wooded recreational commons in the heart of one of the most densely populated areas of Northern... Continue reading→
Study: Buyers Can Afford Bigger House If It’s New
The National Association of Home Builders says its new study shows that home buyers can buy a more expensive, newer house and still have the same operating costs as owning an older existing home. NAHB examined data from the Census Bureau and Department of Housing and Urban Development’s 2011 American Housing Survey to determine how... Continue reading→
Americans Showing More Desire to Buy
The percentage of U.S. residents who say owning a home is an essential part of the American dream has hit a three-year high, reaching 79 percent, according to the CNBC-All-America Economic Survey. What’s more, the number of Americans who say it is better to own than rent grew by four points to 69 percent, according... Continue reading→
VAR’S Fight to Reduce Grantor’s Tax Increases in Northern Virginia
Some last-minute work by VAR has paid off: In his proposed amendments to Virginia’s transportation bill, Governor Bob McDonnell has asked that the proposed grantor’s tax increase in Northern Virginia be reduced from 25 cents per $100 to only 15 cents. The bill passed by the General Assembly included a regional package for Planning... Continue reading→
How may an appurtenant easement be terminated?
An appurtenant easement can be released by the dominant estate. An appurtenant easement is also released if the necessity for the easement no longer exists. An appurtenant easement is one of two primary types of easements. The other type of easement is an easement in gross. An easement in gross is attached to a particular... Continue reading→
Negotiations
In a tight market, there will be offers. Be ready for all offers and don't be offended if someone tries to lowball you. You know what your condo is worth. Sometimes a lowball offer is just a buyer's way of asking you if you'll negotiate. Your reply should be, "Sure I'll negotiate, but I'm not... Continue reading→
Is the ‘Great Senior Sell-Off’ Coming?
About 1.5 to 2 million homes belonging to seniors will come on the market by the end of this decade, predicts Arthur C. Nelson, professor of urban planning at the University of Utah. Nelson says he sees a momentum growing among baby boomers to put their homes up for sale and downsize. “This is the... Continue reading→
Millennials Home Preferences
The Millennial generation is about 90 million strong—forming the largest demographic wave in the country’s history—and some reports suggest they’re readying for home ownership. Millennials’ entrance into home ownership has been delayed due to the recession, high unemployment, and high student loan debt. They’ve been living in their parents’ homes, as well as delaying marriage... Continue reading→
‘Zombie’ Foreclosures Haunt Housing Market
A new study finds that 301,874 “zombie” homes—properties where home owners receive foreclosure notices and move out, leaving the home vacant and deteriorating—exist in the U.S. The state with the highest number of “zombie” properties is Florida, with 90,556 vacant homes in foreclosure, according to data by RealtyTrac, in their first analysis of “zombie” properties.... Continue reading→
Condo Repairs: Who Pays for What?
Everything built by man requires some maintenance at some point. Even so-called maintenance-free homes require some attention. So when making the transition from renting to buying, one aspect of home ownership that must be considered carefully is maintenance. Renters enjoy few advantages over buyers, but one benefit of renting is that in most cases renters... Continue reading→