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Arlington County Asks Public to Weigh In on Housing Study Priorities
ARLINGTON, VA - September 18, 2013 - (RealEstateRama) -- Arlington County residents are invited to participate in a public forum on September 26 to review a draft set of guiding principles for Affordable Housing Goals and Targets put together by a community Working Group appointed by the County Manager, and share their ideas on these principles.
Statement of Governor Bob McDonnell on Secretary Terrie Suit’s Selection as Chief Executive Officer...
RICHMOND - September 5, 2013 - (RealEstateRama) -- Virginia first-ever Secretary of Veteran's Affairs and Homeland Security, Terrie Suit, has been selected as the next Chief Executive Officer of the Virginia Association of REALTORS ® (VAR). Suit, a former member of the Virginia House of Delegates, will officially step down from her current position in the McDonnell Administration on September 22nd. Governor Bob McDonnell will appoint Deputy Secretary Jim Hopper to lead the Secretariat following her departure.
Statement of Sen. Warner on the President’s Remarks on Housing Finance Reform
WASHINGTON -- U.S. Sen. Mark R. Warner (D-VA) released the following statement today on President Obama’s remarks on housing finance reform during a speech in Phoenix, AZ. On June 25th, Sen. Warner introduced bipartisan legislation to strengthen the housing finance system by replacing Fannie Mae and Freddie Mac with a with a streamlined, privately-capitalized system that preserves market liquidity and protects taxpayers from bailouts during any future economic downturns
Home Modification Grants for Disabled Veterans in Virginia
WASHINGTON, D.C. - July 31, 2013 - (RealEstateRama) -- Granting Freedom is a grant program for home modifications for disabled veterans or disabled servicemen or women who sustained a line of duty injury resulting in a service connected disability. The Virginia Housing Development Authority (VHDA) is partnering with the Virginia Department of Veterans Services to make this program available
Robert Hurt Statement Following Committee Hearing Examining Legislative Proposal To End Taxpayer Bailouts Of...
WASHINGTON, D.C. - July 19, 2013 - (RealEstateRama) -- Congressman Robert Hurt (R-Virginia) released the below statement following the Financial Services Committee hearing examining the Protecting American Taxpayers And Homeowners Act, a legislative proposal to create a sustainable housing system
Arlington County Board Approves Mixed-use Building with Grocery Store for Pentagon City
ARLINGTON, VA - July 15, 2013 - (RealEstateRama) -- The Arlington County Board today approved phases four and five of the Metropolitan Park project to redevelop an existing warehouse site to a single largest residential and retail high-rise in Pentagon City.
Good News/Bad News: Real Estate Rebound Slows Some But Sales Numbers, Employment Numbers...
Fairfax, VA - July 12, 2013 - (RealEstateRama) -- To keep the economy improving, so must the housing recovery improve. While conditions have been great for home buying, there are signs that the time to wait may be over. Appreciation is on the rise, but so are interest rates. How does that affect loan activity and home sale prospects in our region?
Arlington County Announces New Housing Director
ARLINGTON, VA - June 28, 2013 - (RealEstateRama) -- Arlington County today named David Cristeal, currently in an acting position as housing director, Arlington’s Housing Director
Reduction in Overall Homelessness Proves We Have Solutions
RICHMOND, VA - June 26, 2013 - (RealEstateRama) -- Gov. McDonnell recently announced during an event at St. Joseph's Villa that rates of homelessness in Virginia have decreased 16 percent overall from 2010 to 2013. This includes a 17 percent decrease in family homelessness in the same period and an 18 percent decrease in veterans experiencing homelessness between 2012 and 2013. These reductions are a significant accomplishment and exceed the goal of reducing homelessness by 15 percent set forth in the Governor's Housing Policy.
Sen. Warner for Politico: Ending Private Gains, Public Loses
WASHINGTON, D.C. - June 25, 2013 - (RealEstateRama) -- In 2008, the government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac were nationalized and given a $188 billion capital injection by taxpayers to stay afloat. Structural reform of the GSEs seemed obvious and imminent. After all, a 30 percent national decline in home prices was a major contributor to the collapse of many financial institutions, including the GSEs. Trillions of dollars of homeowner equity, and subsequently personal savings, were wiped out, and our economy is still feeling the effects in latent consumer demand. Yet five years later, nothing has been done to address Fannie and Freddie