Economic Commentary This Week The Confidence Factor There are many questions which have arisen because of the movements in the stock market and interest rates. For example, how high will interest rates need to go in order for investors to start thinking that they can achieve better returns than the stock market? That seems […]
Read MoreSpecial Real Estate Report, Tax Provisions Extended
Special Real Estate Report Tax Provisions Extended A government shut-down has been averted and the compromise has produced good news for real estate. The two-year, $400 billion spending deal came as a result of a bipartisan group of lawmakers supporting the agreement. Congress now has until March 23 to write the legislation to accompany […]
Read MoreMarket update for Woodbridge VA – Rates and The Correction
Economic Commentary This Week Rates and The Correction Several weeks ago, we spoke about the negative effects of economic growth. The two factors we cited were higher interest rates and higher oil prices. Now we are starting to see the markets react to this new reality. Many are blaming rising interest rates for causing […]
Read MoreEconomic Commentary This Week Rate Prediction
Economic Commentary This Week Rate Prediction It is amazing how it seems every year we have predictions that interest rates will go up. And each year interest rates do go up. And then, they go back down. The yield of the 10-year Treasuries have gone up over 0.5% over the past few months. But […]
Read MoreRates Are Rising – Are You Ready?
Rates are Rising – Are you Ready According to the Freddie Mac Primary Mortgage Market Survey®, rates on home loans averaged over 7.0% for an entire generation from the 1970’s until the year 2000 and over 6% from 2000 until 2008. For the past decade we have enjoyed historically low rates. But Freddie Mac is predicting that rates will approach […]
Read MoreWoodbridge Real Estate Market Report – January 2018
Understanding the current real estate marker in Woodbridge can help you make sound decisions when it comes to buying or selling a home. Here’s an overview of the Woodbridge Real Estate Market for January 2018. A Look at the Housing Stats Trends in Woodbridge indicate that the median sales price of houses that were sold […]
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