« December 2008 | Main | February 2009 »
The Mortgage Bankers Association (MBA) announced their most current data (averages for contract interest rates):
30 Year Fixed Interest Rate = 5.22%
15 Year Fixed Interest Rate = 4.98%
1 Year Adjustable Rate Mortgage = 5.96%
Source: Mortgage Bankers Association (MBA)
The Mortgage Bankers Association (MBA) announced their most current data (averages for contract interest rates):
30 Year Fixed Interest Rate = 5.24%
15 Year Fixed Interest Rate = 4.99%
1 Year Adjustable Rate Mortgage = 5.89%
Source: Mortgage Bankers Association (MBA)
Recently, in my television viewing, I came across an uplifting story about peach farming. Being a "Georgia peach", myself, the story got my attention. Among the peach farmers whose lives were highlighted was that of David Mas Masumoto of California. Mr. Masumoto and his family are second generation farmers in California. He has written poems and books about his farming life, and he shared his experiences with the viewers. One of his books, by the way, is titled, Epitaph for A Peach.
He quoted from his book: "Following a farm disaster, like a storm, that destroys a year's work, a joke starts to circulate in the farm community--farmer to farmer--farm to farm. Like good humor, it makes all of us smile even just a little, as we grapple with the grief from a disaster. The story goes like this...They did an autopsy on an old farmer, and when they opened him up, they found he was full of next years."
Real estate agents (some of us), I think, are like farmers, too. I definitely am. I was ready for "next year" back in August last year.
My spirit, drive, and my passion for the life I've chosen in helping buyers and sellers of real property doesn't end. If I didn't meet my business goals in the year just passed, I am fired up to "find a new way" to make things work in the year ahead.
GOOD NEWS: It is now Next Year. Next Year is Now.
From Dan's Crystal Ball: For 2009, Peaches Look Great & Real Estate Looks Even Greater--
(Article content, excluding reference to David Masumoto and his quote, solely that of Dan Bonner.)
The United States Botanic Garden at 100 Maryland Avenue, SW (DC), near the Capitol, is the place to hide from winter. Dan knows.
Please click on photo for larger view.
Photo by Dan; copyright, Dan Bonner, Inc.
The Mortgage Bankers Association (MBA) announced their most current data (averages for contract interest rates):
30 Year Fixed Interest Rate = 4.89%
15 Year Fixed Interest Rate = 4.63%
1 Year Adjustable Rate Mortgage = 5.89%
Source: Mortgage Bankers Association (MBA)
Yes, million dollar homes are still selling.
During the month of December (2008), in Fairfax County, the unofficial highest sold price for residential was $3,550,000. The property is on Crest Lane in McLean (Randel Cortes W Prop Advertised Subdivision). There are 16 rooms, 6 bedrooms, 7 full baths and 3 half-baths. Interior square footage (above grade) is 8772.
In Prince William County last month the top price for residential was a home in Haymarket (Piedmont Riding Club Advertised Subdivision). The home is located on Riding Club Drive and sold for $2,000,000 (unofficially). There are 10 rooms, 4 bedrooms, 6 full baths and 2 half-baths. The home has 6439 square feet of interior space above grade.
If you'd like to consider owning a home in either McLean or Haymarket, contact Dan.
Dan knows real estate and will help you find your "dream" home today.
(Data source: MRIS, Metropolitan Regional Information Systems.)
The Mortgage Bankers Association (MBA) announced their most current data (averages for contract interest rates):
30 Year Fixed Interest Rate = 5.07%
15 Year Fixed Interest Rate = 4.67%
1 Year Adjustable Rate Mortgage = 5.90%
Source: Mortgage Bankers Association (MBA)
The Mortgage Bankers Association (MBA) announced their most current data (averages for contract interest rates):
30 Year Fixed Interest Rate = 5.03%
15 Year Fixed Interest Rate = 4.79%
1 Year Adjustable Rate Mortgage = 6.15%
Source: Mortgage Bankers Association (MBA)
