The city of Hampton will eliminate 78 permanent full-time positions to make up for its $19 million budget shortfall.
About 55 of those positions are currently filled. City officials will try to move employees in those jobs to current openings. "We do have plans to try to place as many of those people as possible. We have over 106 positions that are vacant and open to try to place those folks into," said City Manager Mary Bunting.
Read more at the Daily Press....
The homebuyer tax credit expires on April 30. If you'd like to receive up to $8000 in the form of a tax credit for purchasing a home, time's running out. You must have a ratified purchase contract by April 30 and close on the home by June 30.
There are rules to the Obama administration's program, of course. Check out this story we ran right after Obama signed the measure into law that answers many of the frequently asked questions.
Northrop Grumman will move its West Coast headquarters to the Washington area, and has narrowed its choices to Arlington and Fairfax Counties in Virginia, and Montgomery County in Maryland, according to sources in government and real estate. The company is expected to announce its decision by the end of April.
The entrance of a large number of highly paid workers into the area would likely invigorate the local housing market.
Virginia's state legislators have gone home for the year, but not before approving a very thin budget and three homeowner-friendly bills that will help increase the value of your Virginia home in these ugly economic times. We've got the need-to-know information for homeowners in the latest installment of YOUR VIRGINIA, the official newsletter of the Virginia Homeowners Alliance.
School boards and the officials that report to them are rolling up their sleeves in preparation for battles and tough decisions. The state budget, passed on Sunday, included $253 million in cuts to public education. School districts now must decide where those cuts will be felt.
The ABR® designation is the benchmark of excellence in buyer representation. This coveted designation is awarded by the Real Estate Buyer's Agent Council (REBAC), an affiliate of the National Association of REALTORS®, to real estate practitioners who meet the specified educational and practical experience criteria. This is a two day course.
Fees - $299 members/non-members
The GREEN Residential Elective Class for those who took the two-day GREEN Designation course. This course provides REALTORS® with the knowledge of green building principles as applied to residential. Learn how to help buyers in purchasing and retrofitting homes as well as help sellers by listing and marketing green properties. The course encourages REALTORS® to be an advocate for green principles in the design and use of homes and a positive force for creating sustainable communities.
Fees - $129 members/non-members
This two-day course highlights what makes a property green, strategies for educating clients about green features, financial incentives and rebates available to home buyers and how to market yourself as a green real estate specialist once you obtain the GREEN designation.
Fees - $299 members/non-members
Things are looking good for the Realtor® Legislative Agenda as it makes its way through both chambers of the Virginia General Assembly. Read all about it in today's Capitol Connections newsletter.
VAR bills that have passed both houses: