Home Buyers News

Howard County offers moderate-income residents chance to buy lost-cost houses - Washington Post (blog)

Mon, 07/08/2013 - 09:06

Howard County offers moderate-income residents chance to buy lost-cost houses
Washington Post (blog)
However, applicants do not need to be first-time homebuyers, Cimino says. Applicants' household income cannot exceed 60 percent of the county median for MIHU rental units, which are awarded on a first-come, first-serve basis. Prospective renters apply ...

Home price gains bring 'underwater' sellers off sidelines, relieving ... - Washington Post

Sun, 07/07/2013 - 17:07

Home price gains bring 'underwater' sellers off sidelines, relieving ...
Washington Post
Josh Martin, 26, discovered homes he and wife considered buying had changed hands less than a year earlier at much lower prices. The first-time homebuyers lost nine bids since August— many to cash buyers — until finally landing a home in May for ...

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Ted, white and blue: How Ted Nugent has rocked politics - Washington Post

Fri, 07/05/2013 - 18:49

Ted, white and blue: How Ted Nugent has rocked politics
Washington Post
Nugent fathered nine children, three of whom lived at home with him. This version has been corrected. ... wandering the crowded exhibit hall. A man with a carnival barker's voice cajoled ticket buyers toward the hourly firearms raffle at the Wall of Guns.

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Miners in Congo launch petition to resume digging after mining ban, US ... - Washington Post

Fri, 07/05/2013 - 16:20

Miners in Congo launch petition to resume digging after mining ban, US ...
Washington Post
But an interim report from the U.N.'s group of experts on Congo published last weekend said traders today are exploiting the fact that minerals cannot be purchased legally in Bisie and are buying tin ore at a low price. “Smugglers (at Bisie) work with ...

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One family's painful lesson about 'lending' - Washington Post (blog)

Fri, 07/05/2013 - 15:22

One family's painful lesson about 'lending'
Washington Post (blog)
I've seen this before. A home buyer doesn't have enough money for a down payment and/or closing costs and borrows it from a family member. They all agree the money is a loan, yet the family member signs a letter swearing that no repayment is expected ...

Samsung forecasts record 2Q profit but shares tumble on doubts smartphone ... - Washington Post

Fri, 07/05/2013 - 05:04

Samsung forecasts record 2Q profit but shares tumble on doubts smartphone ...
Washington Post
But worries have emerged that Samsung's profit growth will slow as developed countries, which are the biggest buyers of high-end phones, near a smartphone saturation point. It has become harder to impress buyers ... South Korean telephone companies ...

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Santa Fe: International Folk Art Market highlights economic development ... - Washington Post

Wed, 07/03/2013 - 16:27

Santa Fe: International Folk Art Market highlights economic development ...
Washington Post
The show has brought in millions of dollars for the artists, many of whom have gone home to start businesses that employ other mostly impoverished women from developing countries. But it has also ... Then there are the buyers, from West End to Wal-Mart.

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Average US rate on 30-year mortgage falls to 4.29 percent after hitting 2-year ... - Washington Post

Wed, 07/03/2013 - 15:56

Average US rate on 30-year mortgage falls to 4.29 percent after hitting 2-year ...
Washington Post
The declines could prompt homebuyers to act quickly before rates rise further. Freddie Mac said Wednesday that the average on the 30-year loan dropped to 4.29 percent. That's down from 4.46 percent last week, the highest in two years and a full point ...

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Arlington house makes a green statement - Washington Post

Wed, 07/03/2013 - 13:21

Arlington house makes a green statement
Washington Post
By — Michele Lerner,. Arlington house makes a green statement. Construction is underway in what developers call the first super-energy-efficient single-family home of its kind in Arlington, a four-bedroom, four-bathroom, more than 3,000-square-foot ...

Where to find affordable homes - Washington Post

Wed, 07/03/2013 - 13:09

Where to find affordable homes
Washington Post
○The Home Purchase Assistance Program (HPAP) — www.gwul.org/programs/housing/hpap — provides up to $44,000 in assistance to eligible first-time home buyers. ○Stewards of Affordable Housing for the Future — www.sahfnet.org — has a map of ...

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For boutique brokerage Slate, DC office space matches its vision - Washington Post

Mon, 06/24/2013 - 17:49

For boutique brokerage Slate, DC office space matches its vision
Washington Post
While virtually all home buyers go online to find information about searching for and purchasing property, a new Web site, Doorsteps.com , walks them through the buying process and provides education at each step to help them make appropriate decisions.

Residents of Reston's Crescent apartments wary as redevelopment process starts - Washington Post

Mon, 06/24/2013 - 09:06

Residents of Reston's Crescent apartments wary as redevelopment process starts
Washington Post
Fairfax issued its request for proposals in February 2012, looking for either buyers or lessors, and also for developers interested not only in the Crescent but other properties around Lake Anne, including the Fellowship House senior citizen high-rise ...

The Recap: Bernanke is clear that stimulus will taper off in time - Washington Post

Sun, 06/23/2013 - 02:17

The Recap: Bernanke is clear that stimulus will taper off in time
Washington Post
But investors and ordinary homebuyers alike have speculated that the easy money will soon end. The timeline provided by Fed chief Ben S. Bernanke was intended to address confusion over how the central bank will make the transition.¶ Stock markets did ...

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George Washington slept here: Historic W.Va. home up for sale. Asking price ... - Washington Post

Sat, 06/22/2013 - 13:35

George Washington slept here: Historic W.Va. home up for sale. Asking price ...
Washington Post
There's been a good amount of interest from potential buyers from the Washington area. While any buyer can do as they wish, “the person who's going to be interested in it is going to be by nature the type of person who would care for and respect a ...

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Milan seeks to shed malaise, woo Italian designers back from abroad and ... - Washington Post

Fri, 06/21/2013 - 20:41

Milan seeks to shed malaise, woo Italian designers back from abroad and ...
Washington Post
As for the source of the malaise, the economic crisis that has now stalled over Italy has zapped resources from the fashion houses, local government that might otherwise provide a boost and the world of fashion media and fashion buyers that feed the ...

Stocks, bonds extend slide as China adds to market fears of Fed stimulus pullback - Washington Post

Fri, 06/21/2013 - 16:03

Stocks, bonds extend slide as China adds to market fears of Fed stimulus pullback
Washington Post
The sharp increase in bond yields prompted investors to sell homebuilders, whose business could be hurt if the pace of home buying slows down. Those stocks fell even though the National Association of Realtors said Thursday U.S. sales of previously ...

Summertime, and selling a home isn't easy - Washington Post

Fri, 06/21/2013 - 13:06

Summertime, and selling a home isn't easy
Washington Post
Listings tend to languish as buyers turn their attention from interest rates and open houses to cookouts and lounging on the beach. So the Elmases aren't taking any chances. They're attempting to ratchet up their Virginia home's appeal. They're making ...

Summertime, and selling a home isn't easy - Washington Post

Fri, 06/21/2013 - 13:06

Summertime, and selling a home isn't easy
Washington Post
But this year, because so few homes are on the market, we may actually see more buyers out in the summer and, hopefully, more sellers will decide to list their homes.” Adam Gallegos, a broker with Arbour Realty in Arlington County, expects the summer ...

Home values in DC area grow, thanks to high demand and low inventory - Washington Post

Fri, 06/21/2013 - 13:05

Home values in DC area grow, thanks to high demand and low inventory
Washington Post
The RBI report said that more new listings eventually could cause home prices to stabilize, helping to bring them within reach of first-time buyers. But Lisa A. Sturtevant, deputy director of the Center for Regional Analysis, said she believes it will ...

Bernanke speaks and rates rise for consumers and businesses while financial ... - Washington Post

Fri, 06/21/2013 - 04:10

Bernanke speaks and rates rise for consumers and businesses while financial ...
Washington Post
The biggest barrier for many home buyers has been difficulty obtaining a mortgage. Banks have tightened lending standards since the financial crisis erupted in 2008. Higher loan rates would allow banks to make more from mortgage lending and could lead ...