It’s all connected. As the employment rate rises, so does the number of first-time homebuyers. As a consequence, the market is moving further from investors and closer to traditional homebuyers (i.e., those that will actually live in the homes they buy). For details, click here.
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Rob Bodine is a Virginia attorney focusing his practice on real estate and intellectual property law. He’s currently Virginia counsel with First Class Title, Inc., a Maryland title insurance and settlement company. Rob is also a licensed title insurance agent in Florida, Maryland, Pennsylvania, and Virginia.