Northern Virginia Real Estate - Loudoun, Fairfax and Arlington

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Real Estate Agent - Provident Team Real Estate
RECENT BLOG POSTS
Temperatures are rising as we head into May, but your energy bill doesn't have to. This classic video from The Weather Channel reminds us that ceiling fans can help to reduce energy bills all year long. The key is to use them properly. When the heating system is on, fan blades should rotate cloc...
06/02/2008
Newspaper headlines rarely tell the full story and today's papers provide a terrific example. From the Baltimore Sun (and others): New-home sales lowest since 1991 8.5% March decline exceeds forecasts; prices also tumble As always, there's more to the story than the headline. The Census Bureau re...
06/02/2008
More than 130 million Americans will receive tax rebates this year as part of Congress' $168 billion economic stimulus package. Payments begin in about two weeks and range from $600 for individuals to $1,200 for couples, plus an additional $300 per child. Not everyone is eligible for a full rebat...
06/02/2008
The National Association of REALTORS released its Existing Home Sales report for March 2008. An "existing home" is one that is not considered new construction. A sub-headline in the report showed that the median sales price of all homes sold in March increased by 2.5 percent to $200,700. But don'...
06/02/2008
As mortgage lenders limit how much money they will lend and to whom, co-signing home loans is growing in popularity. "Co-signing" a home loan is when a third-party -- usually a parent or relative -- promises to make repayments to the bank in the event that the borrower falls behind on his obligat...
06/02/2008
Radon is the number one cause of lung cancer among non-smokers and 1 out of 15 homes has elevated levels of the radioactive gas seeping into it. Despite the risks, however, radon is a potential problem that many homeowners ignore. Radon can enter a home at many different points. A partial list in...
06/02/2008
Absorption Rate is a real estate term for the length of time required to sell all of a given stock in a given area. We can use it to determine how quickly homes are selling in a neighborhood, city, or region. The formula to calculate Absorption Rate is simple. Add up the number of homes on the m...
06/02/2008
In the world of real estate, Days On Market is the number of days between when a home lists for sale and when it goes under contract. It is often abbreviated as DOM. Average Days on Market is a similar statistic but instead of applying to one home in particular, it applies to all homes in a given...
06/02/2008
Credit scoring is becoming more important to mortgage pricing so now would be a terrific time to brush up on your credit education. If you understand how the system works, after all, you can make it work to your advantage. One terrific place to start your research is at myFICO.com. Published by c...
06/02/2008
Average gas prices reached an all-time U.S. high Tuesday, touching $3.40 per gallon. San Francisco and Tulsa are the nation's bookends at $3.94 per gallon and $3.11 per gallon, respectively. But before you wonder if relief is coming to your family budget, remember that "rising gas prices" is a c...
06/02/2008
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Mike Rosen

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