Category Archives: Real Estate

Important Information on Chimney Fires

IMPORTANT INFORMATION: A HOME VALUED AT OVER ONE MILLION DOLLARS LOCATED IN SPOTSYLVANIA RECENTLY BURNED TO THE GROUND BECAUSE OF A CHIMNEY FIRE. THE INSURANCE COMPANY DENIED THE CLAIM BECAUSE IT WAS DETERMINED THAT THE AUGUST EARTHQUAKE CAUSED DAMAGE TO … Continue reading

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This is the Market to Be In

The bad news. For most regions of the U.S., home prices continue to fall. Across the 20 major U.S. housing markets, January home prices fell 1% from December 2010 and 3.1% from January 2010, as measured by the S&P/Case-Shiller index. … Continue reading

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Huge Drop in Home Sales in July; Distressed Properties Still Hot

Sales of new single-family homes fell in July to the lowest level on record. Sales were down 12.4% from June, and 32.4% below the July 2009 rate, according to data released by the U.S. Commerce Department on August 25th. July’s … Continue reading

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