Remodeling Magazine's 2010 Cost v Value report is out!

The 2010 Remodeling magazine, "Cost v Value Report" is out.
For our DC Metro area the best return on your remodel investments are:
146.8% Entry Door replacement, steel
83.1% Attic bedroom
80.6% Wood Deck
Remodeling Magazine,http://www.remodeling.hw.net/

FHA Mortgage Insurance to increase

Effective April 5, 2010 the upfront FHA mortgage insurance will increase from 1.75% to 2.25%. If you are considering a FHA loan, this is something to consider to buy now and not wait.

Rob Clark, Preferred Mortgage loan officer
ph. 703-518-2814

"Cities to go from Renting to Buying" Forbes magazine

Forbes magazine has placed the DC Metro area as one of the top 10 cities to turn renters into buyers.
"Ten Cities to go from Renting to Buying"
1/21/10
DC Area Median Rent: $1,182
DC Area Median Home Price: $324,700

FHA changes

NAR has developed a fact sheet of upcoming FHA changes. These changes include some of the following: down payment requirements, limit Seller concessions, mortgage insurance changes and more.
NATIONAL ASSOCIATION OF REALTORS®, REALTOR.org