Being Lazy: Some Recent Articles of Interest
Busy with other things these days, but some articles of interest in the news and further evidence of a return to market normalcy:
Relative affordability of single family houses vs. condos in the DC area. Condos considered much more affordable than SFHs. Washingtonpost.com
Condo sales to take a hit in DC area due to increasing inventories. Predicting condo prices to fall between 15-20%. Washingtonpost.com
New home sales jump 13.8% in March, biggest increase in 13 years. Builders slashing prices to deal with increasing mortgage rates and inventories is seen as a major reason. This is highest rate of increase in sales month over month, not highest rate of sales in 13 years. Obviously. CNNMoney.com
Rents seen increasing in 2006. CNNMoney.com
On the lighter side:
Places to hang out, see, and be seen in Richmond. Charlotte Observer
Trying to sell your home on your own may not be the best idea. I know this is true. But 6%. 6%!!! Washingtonpost.com
Relative affordability of single family houses vs. condos in the DC area. Condos considered much more affordable than SFHs. Washingtonpost.com
Condo sales to take a hit in DC area due to increasing inventories. Predicting condo prices to fall between 15-20%. Washingtonpost.com
New home sales jump 13.8% in March, biggest increase in 13 years. Builders slashing prices to deal with increasing mortgage rates and inventories is seen as a major reason. This is highest rate of increase in sales month over month, not highest rate of sales in 13 years. Obviously. CNNMoney.com
Rents seen increasing in 2006. CNNMoney.com
On the lighter side:
Places to hang out, see, and be seen in Richmond. Charlotte Observer
Trying to sell your home on your own may not be the best idea. I know this is true. But 6%. 6%!!! Washingtonpost.com
posted by VA Real at 10:41 PM
17 Comments:
Do you happen to know anything about the development of the Route 1 corridor? I cant seem to get a straight answer out of anyone...
I'm a little late and I don't really have anything to offer. I havn't heard much about this devlopment. Was there some information in particular you were looking for?
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