Tight inventory and frustrated buyers challenge agents in Virginia

No matter where you are in the state, real estate agents in Virginia are facing low inventory conditions that are creating frustrating scenarios for their buyers.“I think people are getting used to the interest rates where they are now, but there is just a huge lack of inventory,” said Chelsea Newco
Read MoreRising home insurance costs are adding pressure for buyers: Insurify

The dream of homeownership is becoming increasingly elusive for many Americans as both home prices and insurance premiums are on the rise. Over the past decade, home prices have nearly doubled, according to the S&P CoreLogic Case-Shiller national index. Homeowners insurance premiums are climbing too
Read MoreLisa Moriello talks tech, 2024 HECM limit and openness to reverse mortgages

Lisa Moriello, the national retail reverse mortgage sales manager at multichannel lender loanDepot, recently spoke to RMD about how business in 2024 seemed to be off to a promising start.Diving deeper into the current reverse mortgage business environment, she offered additional perspectives on mult
Read MoreVA announces plan to house 41,000 homeless veterans

The U.S. Department of Veterans Affairs (VA) announced on Thursday its goals to house 41,000 veterans experiencing homelessness by transitioning them into permanent housing, and to ensure that 95% of those who receive such assistance do not return to homelessness during the year.The VA also seeks to
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