Saving for a down payment

Saving for a down payment

These days it is not unusual for lenders to require a down payment of as 20 percent on the purchase price of a home. This makes a lot of sense from the lender’s point of view for several reasons. First, buyers who can save that 20 percent show they handle their finances well. Second, with […]

Commercial real estate market remains positive

Commercial real estate market remains positive

Nationally the commercial market continues to recover, according to Lawrence Yun, the National Association of REALTORS® Chief Economist.  Yun predicts an improving commercial market, with the multi-family sector leading the way based on what he expects will be an expanding GDP, an easing in commercial lending and continued job growth. The Charlottesville Market Hock Hockensmith, […]