Home ownership costs in Leesburg, Loudoun VA

A Cost to Consider Homeownership, part of the American Dream: a home of your own where you can feel safe, raise your family, share with your friends and enjoy life. The benefits are easily recognizable but maintenance is just a real and should be considered. Property taxes and insurance are two of the largest expenses… Read More

How to Create a Modern Homestead

Did you know that Hilary Swank raises her own chickens from eggs? She’s not the only celebrity getting into modern homesteading: Julia Roberts composts her kitchen scraps and chicken poop while Oprah has a 12-acre organic garden in Maui. Even the White House has a vegetable garden thanks to Michelle Obama! Anyone willing to give […]

Cartus Expands Strategic Alliance with Learnship, a Leading Global Online Language Training Firm

Cartus Corporation recently announced that it has expanded its strategic alliance with Learnship, an innovative provider of online language training based in Germany with clients worldwide. Together, Learnship and Cartus are helping transform the way companies offer language training and how their employees access it worldwide. This strategic alliance makes Cartus’ existing high-quality, in-person training […]

Pending Home Sales Dip in June

After five consecutive months of increases, pending home sales slipped in June but remained near May’s level, which was the highest in over nine years, according to the National Association of REALTORS®. Modest gains in the Northeast and West were offset by larger declines in the Midwest and South. The Pending Home Sales Index, a forward-looking […]

Big Data’s Big Applications for Real Estate

Consumers are hungry for information, and the Internet gives them unprecedented access to all kinds of it with a few clicks. When it comes to searching for a new home, buyers want as much data as possible to help them make informed choices. And sellers want to quickly find market trends and activity to make […]

Big Data’s Big Applications for Real Estate

Consumers are hungry for information, and the Internet gives them unprecedented access to all kinds of it with a few clicks. When it comes to searching for a new home, buyers want as much data as possible to help them make informed choices. And sellers want to quickly find market trends and activity to make […]

RE/MAX Appoints New President

Geoff Lewis, RE/MAX Executive Vice President and Chief Legal Officer has been named President upon the announcement that Vinnie Tracey plans to retire. Tracey assumes the title of President Emeritus until his retirement after the August Broker/Owner convention. Lewis led the RE/MAX Legal Department since joining the company in 2004 as Senior Vice President, General Counsel and […]

Low Down Payment Drop: Share of Buyers Lands at 11-Year Low

Those using low down payment plans dropped last year, according to recently released news from RealtyTrac, who analyzed the size of down payments on nearly 20 million purchase loans for single family homes and condos nationwide from 2004 through 2014. Results show that in 2014 the share of buyers putting down 3 percent or less […]

Study Shows Consumers Aren’t Shopping around for Mortgages

A recently released study done by the Consumer Financial Protection Bureau (CFPB) found nearly half of Americans looking to purchase a home do not do their due diligence by shopping around for mortgage lenders. Rather, the survey found potential borrowers seriously consider only one lender, and that lender is often someone they’re already working with […]

New Research Highlights Finance Constraints on Housing Demand

An interesting new paper published by economists at the Federal Reserve Bank of New York demonstrates the important role downpayment and wealth constraints play in shaping housing demand, particularly for lower-income homebuyers. Using survey data, the authors (Andreas Fuster and Basit Zafar) employ a strategy to measure housing demand impacts that contrasts with the often-used, user-cost model […]