Category Archives: Uncategorized
The Perseids Meteor Shower, one of the most consistent performers and considered by many as 2010’s best shower peaks tonight August 12th and tomorrow night August 13th. The meteors they produce are among the brightest of all meteor showers, and can produce up to 50 meteors per hour during the peak activity. It is best viewed after midnight and with the crescent moon setting early there should be dark skies through most of the night. For tips on how to get the best views, visit this site.
With record breaking temperatures in our area this week here are some ways to beat the heat.
Long & Foster releases “Market Minute” report for Arlington County for March 2010. http://ht.ly/1FmwF
Baskin Robbins is offering 31 cent scoop night to honor America’s firefighters on Wednesday, April 28th from 5 PM-10 PM. http://ht.ly/1DP5M
Arlington County board adopts FY2011 budget. Some proposed cuts are restored. Property tax rate will increase 8.3 cents. http://ow.ly/1CATX
Coordinated open house weekend helps buyers take advantage of tax credits, ideal affordability conditions
Thousands of Properties Open to the Public
Chantilly, VA — Long & Foster® Real Estate, Inc. is joining forces with the National Association of REALTORS® by participating in the National Open House Weekend on April 10-11. With the federal homebuyers tax credit expiring April 30, the open house weekend will provide an opportunity for homebuyers to take advantage of historic home buying opportunities.
To make it even easier for potential buyers, loan officers with Prosperity Mortgage® Company will be on site at as many Long & Foster open house locations as possible to answer questions and pre-qualify interested buyers.
“Long & Foster and our sales associates are committed to making the home buying and selling experience the best possible for our customers,” stated Gary Scott, president real estate brokerage, Long & Foster® Real Estate, Inc. “We are delighted to participate in this unique opportunity enabling sellers to showcase their homes and buyers to shop for a home while interest rates are low, home prices are affordable, and before the tax credit ends on April 30th.”
“The National Association of Realtors®’ Housing Affordability Index rose to record high levels this year,” explained Jeffrey S. Detwiler, president and chief operating officer of The Long & Foster® Companies. The index is a measure of the financial ability of U.S. families to buy a house and ended 2009 at over 170. An index above 100 signifies that a family earning the median income has more than enough income to qualify for a mortgage loan on a median-priced home, assuming a 20 percent down payment. More information on the Housing Affordability Index can be found at the National Association of Realtors® website (www.realtor.org).
“It’s a thorough analysis,” Detwiler added. “Combine this information with the expiring tax credit and buyers are being presented with a unique opportunity to take advantage of a market with affordability levels not seen in decades. We expect a high level of activity over the next few weeks and would recommend buyers make their plans to see the homes they are most interested in as early as possible.”
For information on Long & Foster homes for sale in communities throughout the Mid-Atlantic region, visit www.longandfoster.com. To preview homes scheduled to be open on April 10-11, visit this site to search for open houses that meet your criteria.