Minutes of the April/May Federal Open Market Committee (FOMC) recently released may have a significant impact on mortgage rates going forward. One significant development from the meeting suggests that the present quantitative easing (QE) program may be modified in the near future. … [Read more...]
About Eric Cardon
Eric Cardon is the principal broker and owner of Neptune Realty. Eric is originally from NYC and now lives in Kings Grant, Virginia Beach, VA. His interests lie in technology, science, community development, ice cream, board games and green building.
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Simple Tips To Help Your Flowerbeds Flourish This Spring
May 22, 2013 by
Flowerbeds can be a very attractive addition to any Norfolk home -- if you have the time to set up and maintain them. Flowerbeds don't necessarily require a profusion of costly flowers that need to be fertilized, mulched, covered during severe weather, and possibly re-planted on a yearly basis. So … [Read more...]
What’s Ahead For Mortgage Rates This Week – May 20, 2013
May 20, 2013 by
Last week was jam-packed with economic news; here are some highlights with emphasis on housing and mortgage related news: Monday: Retail sales for April increased to -0.1 percent from the March reading of -0.5 percent and also surpassed Wall Street's downward forecast of -0.6 percent. Retail sales … [Read more...]
Benefits Of Owning A Green Home You May Not Have Considered
May 17, 2013 by
Going green is not just a new trend; it is a way of life that benefits not only the environment, but also your health — and your pocketbook. Green living cuts down on carbon emissions and creates a healthier environment both inside and outside of a home. While green structures sometimes cost … [Read more...]
Home Builder Future Sales Confidence Rises To New Highs
May 16, 2013 by
Home builders are gaining confidence in current and future market conditions for new homes, but continue to see below-average foot traffic in new homes. The reading for May's National Association of Home Builders (NAHB) /Wells Fargo Housing Market Index (HMI) increased by three points to a reading … [Read more...]
7 Tips To Make Your Living Room More Appealing To Home Buyers
May 15, 2013 by
Everyone knows that first impressions are important. By carefully staging your home, you can positively influence the feelings your potential buyers have when they are viewing the property. Staging is the art of decorating and arranging the spaces within your house to make it more appealing to … [Read more...]
Know Your Real Estate Disclosure Laws Before You Sell Your Home
May 14, 2013 by
When deciding to sell a piece of Virginia Beach real estate, there are certain things you must disclose about the property to the buyer before the sale can go through. Disclosure laws are put in place to protect the buyer from unknowingly purchasing defective property. Not disclosing certain … [Read more...]
What’s Ahead For Mortgage Rates This Week – May 13, 2013
May 13, 2013 by
Mortgage rates rose last week with average rates a 30-year fixed rate mortgage rising from last week's 3.35 percent to 3.42 percent with buyers paying all closing costs and 0.7 percent in discount points. Average rates for a 15-year fixed rate mortgage rose from 2.56 percent to 2.61 percent with … [Read more...]
May 2013 RealtyTrac Foreclosure Report Shows Strength For The US Housing Market
May 10, 2013 by
RealtyTrac recently reported that national foreclosure filings are down while foreclosure filings are seeing marked increases in some states. There are two systems for foreclosing residential real estate in the United States; judicial and non-judicial foreclosure. The states individually decide … [Read more...]
