Buying an electric vehicle just got more complicated — but cheaper, if you can find the right model. The Inflation Reduction Act — a centerpiece of President Joe Biden’s plan…
The auto industry warns that the vast majority of EV purchases won't qualify for a tax credit as large as $7,500 under the Inflation Reduction Act.
OPEN HOUSE SATURDAY 7/30 from 1-3. Premiere END UNIT townhome w/ DIRECT MOUNTAIN VIEWS from ROOFTOP TERRACE. This light filled, open floor pla…
Buyers are leaving the Charlottesville market entirely in search of smaller markets with more single-family home inventory at more affordable rates.
Those who can’t stretch all the way to $20,000 but want a new, reliable and fuel-efficient vehicle should consider the 2022 Nissan Versa. Despite its small footprint, the Versa offers excellent passenger space and a roomy trunk. Driving aids like forward collision warning and lane departure warning come standard. Nissan’s Zero Gravity seats are ergonomically friendly, though a few of our editors found they lacked lumbar support.
The surprise deal by Senate Democrats on a slimmed-down bill to support families, boost infrastructure and fight climate change also is likely to jump-start sales of electric vehicles.
ELLISTON — Big Spring Mill's recent closing announcement could doom culinary traditions around local, craft-flour biscuits and fried squash breaded in the company's tasty seasoned flour.
Anyone who’s dabbled in the housing market during the last two years likely went through a whirlwind. The average sales price of a home—at half a million dollars in the first quarter—was the highest on record; housing supply is near historic lows; and interest rates are hitting the highest weekly increases in decades. Then came […]
Imagine buying your first car during the worst car market in recent memory. Inventory shortages and rising prices began with the pandemic-driven computer chip shortage in 2021. In May of…
Q: I purchased my condo in July 2021. Since then, the condo board put through a special assessment for $120 per month for the next 84 months to pay for “unsafe balcony” repairs. This was not disclosed at the time of my closing.
Mortgage rates surged at a record-high pace this spring—flying from 3.76% in early March up to 5.81% by late June. And while rates have fallen slightly since then, some experts say it may continue to rise in the coming months. Not only are mortgage rates rising, but home prices are going up, too. U.S. home […]
Q: I found Ilyce’s book, "100 Questions Every First-Time Home Buyer Should Ask," to be extremely helpful. However, there was one section that I felt received “short shrift,” and that was the section about receiving the keys from the owner after the closing.
Rising mortgage rates are cooling the housing market. But it's uneven, accentuating differences between the existing home market and new construction.
Q: I had a contract with a buyer to sell my home. A week before the closing, the buyer canceled the deal. The buyer said they couldn’t get the interest rate for their loan as listed in the contract, even though they were approved by the lender and the rate was well below current market rates according to our agent.
Though the real estate market is booming and home prices are already at record highs, it can’ t hurt to maximize the value of your property, particularly if you’ re considering listing it for sale. “When it comes to getting the best price for your home, the power of landscaping to increase your home’ s value can’ t be overlooked,” says Beatrice de Jong, broker and consumer...
The tsunami of gun violence in America didn’t happen overnight, and it won’t be corrected overnight. Bold actions such as repealing the Second…
Rates for home loans are little changed this week from near recent highs, even as buyers try to adapt to a housing market that may feel very different than just a few weeks ago.
Home prices continued to reach for the sky in the first quarter of 2022, despite the fact that winter is typically the least expensive time of year to buy. With…
Nature lovers hoping for a spot on Grandfather Mountain's inaugural synchronous firefly tours were disappointed Monday morning.
The home market in Central Virginia continues to be a seller's market, according to a new real estate report.
Home prices rose by double-digit percentages in most major US cities at the beginning of this year.
Q: My friend signed a quitclaim deed to her husband in case they were to get divorced. Last year, he unexpectedly died due to a heart attack and other complications. Does the quitclaim deed still hold? If it does, the title to the house is in his name only. He was a poor money manager, and she did not want to incur his debts, so even filing taxes were separate.
Rates for home loans have pushed above 5%, further straining affordability in an already challenging housing market.