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Archive for November, 2008

VAR has produced a another “Facts You Need to Know About the Virginia Real Estate Market” postcard. It includes: 1) Virginia Outperforms the Nation Sales, foreclosures, mortgage applications and homeownership rates – in every one of these areas the Commonwealth is in better shape than the nation as a whole. 2) The Commonwealth’s Overall Economy [...]

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Our very own Brian Block, of the Leesburg Pike office, has made it through to the semi-finals of VAR’s Virginia Real Estate Blog Brawl. Won’t you please vote for him so he can make it to the finals and a chance at a free registration at Inman’s Real Estate Connect conference. Voting ends soon so [...]

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Amid the national financial uncertainties and news about the economy and stock markets, the Central Virginia and Richmond economy and housing market are out-performing the country and most metropolitan areas.  It is expected that the area’s economy will continue to have moderate growth in spite of the national economic turbulence. More significantly, the region’s housing [...]

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RE/MAX Allegiance conducted 843 transactions in September and 722 in October. These stats may not seem like a big deal, but they may be. See, that is two months in a row that we had an increase in the number of transactions compared with the same months last year. That is the first time this [...]

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The RE/MAX mark originated in the early 1970s when co-founders Dave and Gail Liniger developed a real estate concept that permitted Associates to receive as much as 100 percent of the commissions they earned in exchange for paying a management fee and their pro rata share of office overhead. This concept enabled Associates to retain [...]

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Low home prices and excess supply helped drive a rise in first-time U.S. home buyers and reduce excess inventory, according to a study released Saturday by The National Association of Realtors. According to the survey, which was released at the 2008 Realtors Conference & Expo, the number of first-time buyers rose to 41 percent from [...]

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Congratulations to the following RE/MAX Associates that are in the Top 100 US Associates through September 2008. Indviduals 18. Willie H. Colston, RE/MAX Allegiance, Virginia Beach, VA 21. Anand Barnes, RE/MAX Allegiance, Ashburn, VA 70. Thomas S. Buerger, RE/MAX Allegiance, Washington, DC Teams 7. Vicki Nellis, RE/MAX Allegiance, Burke, VA 56. Patricia A. Fales, RE/MAX [...]

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The following is a testimonial for the Allegiance service, Buyer Insight. More info can be found on WorkSmart. We began using Buyer Insight as soon as RE/MAX Alleginace offered it. For our buyers, we register them in the system, and we give them the telephone to call if they see something. Relocation buyers seem to [...]

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The Board of Directors of the National Association of REALTORS® in its meeting Nov. 10, 2008, in Orlando, took actions to keep its members positioned for success in today’s challenging real estate markets. Economic Stimulus The Board affirmed the four-point legislative plan that NAR is presenting to Congress as necessary to stimulate housing:- Make the [...]

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To find out where president-elect Barack Obama stands on issues vital to real estate practitioners, REALTOR® Magazine went straight to the source. This fall, when the presidential campaign was in full force, Obama responded to the magazine’s pressing questions about the mortgage crisis, sustainable development, housing affordability and other topics. Here’s what he said: What’s [...]

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