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Volkswagen Headquarters Moving to Herndon, VA
10 September 07 11:02 AM | Clay & Kathie Kime | 282 Comments   
Volkswagen Arrives Bearing Gifts To lure Volkswagen of America to Herndon, Virginia Gov. Tim Kaine (D) worked for seven months and authorized $6 million in incentives. So when he arrived this morning for the formal announcement ceremony to talk about Read More...
March 21st: Fed's FOMC Hold Fed-Funds Rate Steady at 5.25% - As expected.
21 March 07 03:06 PM | Clay & Kathie Kime | 0 Comments   
Here is the statement released by the Federal Open Market Committee on Wednesday (March 21st): The Federal Open Market Committee decided today to keep its target for the federal funds rate at 5-1/4 percent. "Recent indicators have been mixed and Read More...
February '07 Housing Starts:UP - Building Permits: DOWN
20 March 07 10:47 AM | Clay & Kathie Kime | 0 Comments   
The Commerce Department and HUD jointly reported today that Housing Starts for February '07 were up 9% over the previous month (January '07) which is still sat a 28% lower rate than one year ago (February '06). Click Here to read the Government's Read More...
Pre-Fed Meeting Economic Data Reports: Lack-Luster - 30-Year Rates Favorable
16 March 07 03:43 PM | Clay & Kathie Kime | 7 Comments   
Local 30-Year Conforming Rates stabilize at 5.875% (0+0). Source: Jawad Hamandi: B.F. Saul Mortgage - (703) 787-4822 MarketWatch.com reports: In BLS reports released today, the Labor Department said Consumer Prices (CPI) rose 0.4% (higher than analysts Read More...
Commerce Department Reports "Continued Slowing of New Construction Homes for January 2007"
28 February 07 01:21 PM | Clay & Kathie Kime | 0 Comments   
The housing market continues to adjust to "market balance." The latest report on new construction sales shows a reduction of 16.6% in sales volume from the Commerce Deptartmant's revised December 2006 figures. Today's Commerce Dept. Read More...
Housing Report Published
05 February 07 01:13 PM | Clay & Kathie Kime | 0 Comments   
We are pleased to announce that "Seeking Alpha's" Market Opinion and Analysis Forum on the Housing Industry today published our report on Northern Virginia Real Estate. It can be viewed by clicking here Why There's No Such Thing As a Read More...