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VARbuzz: Good foreclosure news from CoreLogic

In its March National Foreclosure Report, CoreLogic found that foreclosures dropped 18.8% from March 2011. Even better, foreclosures in the first quarter were down 14.7% from the first quarter of 2011.

“Compared to a year ago, the number of completed foreclosures has slowed,” said Anand Nallathambi, chief executive officer of CoreLogic. “Since the foreclosure inventory is also coming down, this suggests that loan modifications, short sales, deeds-in-lieu are increasingly being used as an alternative to foreclosures to clear distressed assets in our communities.”

Q1 2012 home sales report is now available

The First Quarter 2012 Virginia Home Sales Report has been released and brings good news for the Commonwealth! Several long-term trends indicate that Virginia’s housing market is continuing to stabilize.

As shown above, the pace of home sales in the first quarter of 2012 marked an improvement over both the first quarter of 2011 and 2010.

VRLTA Update

VRLTA Update with Chip Dicks (Virginia Residential Landlord Tenant Act)

Register at the best rates and save!

Date: 
Wed, 04/25/2012 (All day)
Tue, 05/01/2012 (All day)
Mon, 05/07/2012 (All day)
Location: 
REALTORS® Association of Prince William®, Virginia Peninsula Association of REALTORS®, Richmond Association of REALTORS®

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Agency Center

The Virginia Association of Realtors® worked to help develop legislation to enhance the agency relationship disclosure requirements between licensees and those they represent. This means there are a number of changes to the existing agency laws in Virginia, and VAR wants to make sure that all members are up to speed on what they need to know to serve their clients and customers and stay in compliance with Virginia laws.

Real Estate Specialty Areas

Many VAR members find success in the real estate industry by specializing in certain areas of the business. We call these areas "real estate specialties". VAR has several councils and alliances made up of these specializing members to ensure that these member contituencies are represented and that VAR continues to provide great services and products to these member segments.

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Real Estate Specialty Areas

Many VAR members find success in the real estate industry by specializing in certain areas of the business. We call these areas "real estate specialties". VAR has several councils and alliances made up of these specializing members to ensure that these member contituencies are represented and that VAR continues to provide great services and products to these member segments.

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