Melissa Savenko's Richmond, Virginia Real Estate Review - My Comments on All Things Related to Richmond Real Estate, as Well as Unrelated Commentary on Things that Interest Me
I am a little bit flummoxed. Right now, housing affordability is the best it's EVER been, since the National Association of Realtors has been tracking the statistics. Interest rates are at record lows, under 5% in many instances. The Federal Government is still making 3.5% down payments, under...