“The good news is that contracts signed in December increased by more than 15 percent compared to December 2015, as buyers were likely rushing to commit to a home before rates rise further,” said 2017 NVAR Chairman of the Board Bob Adamson, a Realtor® with McEnearney Associates in Arlington. “Buyers who closed in December took advantage of low interest rates during our slow season. With 1,558 homes sold in December, we were down 4 percent compared to the 1,623 homes sold during the same time in 2015.”

According to NVAR CEO Ryan Conrad, our region’s level average and median December sales price still portend a bright future for our local real estate market. “Our industry experts expect that the 30 year fixed-rate will increase to 4.4 percent in 2017…

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Martin Luther King Day is a federal holiday held on the third Monday of January. It celebrates the life and achievements of Martin Luther King Jr., an influential American civil rights leader. He is most well-known for his campaigns to end racial segregation on public transport and for racial equality in the United States.

Martin Luther King was an important civil rights activist. He was a leader in the movement to end racial segregation in the United States. His most famous address was the "I Have A Dream" speech. He was an advocate of non-violent protest and became the youngest man to be awarded the Nobel Peace Prize. He was assassinated in 1968.

In 1968, shortly after Martin Luther King died, a campaign was started for his birthday to become a…

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It's been a tumultuous 2016 - both financially and politically. The year may have left some people wondering, what's next? And, how will it affect me?


Lacking a crystal ball, we asked a few economic experts what they think 2017 may hold in store for Americans' personal finances. Here's their take on what to expect in the year ahead:

Q. What's the job market going to look like?
A. "The job market in 2017 will be about as good as it gets," said Mark Zandi, chief economist at Moody's Analytics. "There are currently a record number of job openings and layoffs are at record lows."

Q. Will gas prices go up? A. 2017 will likely be another cheap year to fuel your car, but not quite as good as 2016, several energy experts said.   Q.…

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