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  • Remodeling cost estimate commented on Exterior Remodeling Proves Best Bang for Your Buck, Realtors® Report : According to The Remodeling Cost versus Value Report: "Last year's overall cost-value ratio was 67.3%, (down 2.7 points from the ...

  • Matthew Rathbun commented on Membership Elects New Board Members for 2010: Looks like a great lineup. Tom and Jackie are great! (I'm sure the rest are as well, I just don't ...

  • Carole S. LeVine commented on On the Move....For You!: Congratulations! What a great negotiation job! Not only will more space and a more professional looking reception area be wonderful, ...

  • Simon Warner commented on On the Move....For You!: Really like this idea, and very glad that the board of directors and those working the transaction, were able to ...

  • Sue Puleo commented on On the Move....For You!: This is going to be great. Can't wait to put the Grand Opening on my calendar! It's a real "Win-Win" ...

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    CEO Blog
    Attention all Realtors®, on Saturday March 20th, Coldwell Banker Leesburg is hosting the 1st Annual Charity Skate Event at the Ashburn Ice House. The event runs from 5-6:30pm and a $10 ticket admits 4 people, including skate rentals.  Each ticket also gets you one entry into the prize raffle of your choice!  The proceeds from this event will benefit The Good Shepherd Alliance for the Loudoun Homeless and the Loudoun Abused Womens and Childrens Shelter.   Tickets can be purchased in advance at Coldwell Banker or at the door.  Please join us for an evening of fun and support for our community.  For additional information call 703-771-8888 or visit Coldwell Banker Leesburg on Facebook.
    REALTOR Benefits® Program partner Lowe's is providing a 10 percent coupon to REALTORS® for purchase of in-stock lighting at participating stores. Your members can take advantage of the coupon by logging into their LowesRealtorBenefits.com  account and printing it out. Offer ends June 15.
    The jumbo loan market is starting to thaw, making it easier for move-up buyers to borrow.

    Rates on jumbo loans of more than $729,750 in highest-priced markets rose during the financial crisis and lending standards tightened to the point where borrowers couldn't refinance or get a new loan.
    March 7, 2010        comment now

    The Home Affordable Refinance Program (HARP), which was supposed to expire June 10, will be extended for another year, the Federal Housing Finance Agency said in a statement.

    Since HARP began last April, it has refinanced 190,180 mortgages. It is administered by Fannie Mae and Freddie Mac and aimed at borrowers with little or no equity in their homes.

    This program is a sister to Home Affordable Modification Program (HAMP), which was severely criticized by Congress last week for failing to help enough struggling home owners.

    http://www.realtor.org/RMODaily.nsf/pages/News2010030201?OpenDocument

    March 3, 2010        comment now
    The time has come for appointments to the VREB for 4 year terms beginning in July.  There are two open terms, one term is available for reappointment to a second term.  If you are interested, review the attached from VAR.  Keep in mind that you likely should be politically connected since this is a Gubernatorial appointment.
    Loudoun Habitat for Humanity (LHFH) is seeking an experienced Executive Director to serve as the affiliate's day-to-day chief operating officer, overseeing its internal activities and staff while working closely with the President/Executive Committee and the Board of Directors to execute LHFH's strategic mission and direct programs to meet financial and organizational goals.  Key responsibilities include program and operational management, fund raising, advocacy, community and public relations as well as sound leadership and business skills. Bachelor's degree plus a minimum of five+ years managerial/non-profit experience required. Excellent verbal and written skills. Proficient in Microsoft Office. Send cover letter, resume' and salary requirements to pmcgraw@loudounhabitat.org.
    You can register for the 2010 Midyear Legislative Meetings & Trade Expo in Washington, D.C., May 10-15. Meeting information, a list of exhibitors, and registration options are available.
    Members with clients trying to close on their purchase before expiration of the home buyer tax credit might find useful information in a March 25 webinar that explores ways to speed distressed sales. Principal presenter is noted distressed-sale speaker Scott Thompson of ServiceLink and Mortgage Resolution Services. Webinar is Thursday, March 25, at 3 p.m., Eastern Time. Registration is online.
    February 26, 2010        comment now

    A 10-question quiz on how much you know about the Real Estate Settlement Procedures Act has been updated to reflect the recent revamping of the HUD-1 and Good Faith Estimate. Try out the quiz  so you can test your awareness of federal settlement rules.

    In case you missed it, NAR's consumer-facing Web site for helping home owners make informed management choices about their homes is up and running. You can tap into the content on the site for their newsletters or their own Web sites to help them deepen their resources for clients and customers. Visit the site to see what it offers home owners and read NAR's press release announcing the site to consumers. The portal for you to access site content is separate. Access it here.
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