Stafford, VA

"Sooner or later in life, we all sit down to a banquet of consequences."

Robert Louis Stevenson

Is a Federal Housing Administration(FHA) crisis on the horizon? With FHA's insurance reserve ratio falling to the lowest level in history, at 0.53 percent, there are some who believe the FHA is the next subprime crisis waiting to happen. One of those is homebuilder, Toll Brothers Inc., CEO, Robert Toll. Toll predicts that just like the failed bank bailouts, the FHA will be next in the handout line. And, with the reserve ratio as low as it is, he may be on to something. According to a Congressional mandate, the ratio should be no lower than 2.0

In addition to the alarming FHA news, this week's Wall Street Journal reported that nearly 25 percent of all homeowners are upside down with their home mortgage. In other words, they owe more on the mortgage than their home is worth. Well, considering how values have fallen since ‘05, that isn't too surprising.

While the recent encouraging national home sales figures provided us a glimmer of hope amidst the current economic downturn, today's sobering news concerning the viability of FHA home loans, and the depressed values of properties, bring us back to reality. So, what are we to believe? Are things getting better? Is the First Time Homebuyer's Tax Credit frenzy skewing sales numbers, or, are increased home sales "genuine"? Are these numbers more akin to a mirage? Instead, are we stuck in an economic tailspin for months, or years to come?

In the competition to provide us the latest and greatest updates on where the economy is heading, we see indications that are both promising and discouraging. Where the housing market may be going, we don't exactly know. But, fortunately, one thing is for sure, there will be homes both bought and sold. So, perhaps we'd best stick to the present, and as they say, the future will take care of itself. After all, as someone once said, "Predicting the future is easy. It's trying to figure out what's going on now that's hard."

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 New Homes For Sale in Stafford, VA:  Woodstream at Stafford - Brookfield Homes   Brookfield Homes is building single family and townhomes in Stafford, VA.  The location of this community is briliant, right off of rout I95 and just minutes to the VRE (commuter train)  Homes start in the mid $200s...and the community has fantastic amenities... for more information about New Homes For Sale in Stafford, VA  call me..Konnie McKee 703 407 7088.  Search the MLS for free right here..

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search MLS to to www.KonnieMac.com

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www.ManassasHomeSearch.com

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 New Homes For Sale In Stafford, VA:   Austin's Landing  Beazer Homes is building in this community.. Great for Commuters, located right off of route 1 close to commuter routes, shopping and the VRE.  Beazer is offering covered porch, formal living and dining room, open kitchen and breakfast area... For more information on this community or to Search for New Homes For Sale in Stafford, VA, call Konnie Mac 703 407 7088 or to search the MLS for FREE... right here..

SELL A HOME....CLICK HERE

BUY A HOME....CLICK HERE 

  Your Northern Virginia Realtor 703 407 7088 Konnie Mac FREE No Strings attached...

search MLS to to www.KonnieMac.com

Realty Direct, 44075 Pipeline Plaza Ashburn, Virginia

www.ManassasHomeSearch.com

 If you are looking to purchase a home in Northern Virginia go to www.KonnieMac.com for free no strings attached home search.

New Homes For Sale in Stafford, VA: Fairfield Estates  builty by Apex Builders.. Homes are built on 1 acre lots, close to shopping, I95 and VRE.  Gourmet Kitchen with granite, Country wrap around porch available as options.  Homes in this community range in price from $359,900 to $429,900. For more information on HOMES FOR SALE IN STAFFORD, VA call Konnie Mac 703 407 7088 or search the MLS for FREE here..!

SELL A HOME....CLICK HERE

BUY A HOME....CLICK HERE 

  Your Northern Virginia Realtor 703 407 7088 Konnie Mac FREE No Strings attached...

search MLS to to www.KonnieMac.com

Realty Direct, 44075 Pipeline Plaza Ashburn, Virginia

www.ManassasHomeSearch.com

 If you are looking to purchase a home in Northern Virginia go to www.KonnieMac.com for free no strings attached home search.

 HOMES FOR SALE IN STAFFORD, VA  Stafford is located off our route 95 South and is quickly becoming the "place to live."  Due its proximity to some of our area military installations, and public transportation, such as the VRE, Stafford is a fantastic commuter location.

If you are looking to buy or sell a home in Stafford, VA call me..Konnie MAC 703 407 7088.  For a FREE, NO STRINGS MLS search.. just use the search widget below..  

SELL A HOME....CLICK HERE

BUY A HOME....CLICK HERE 

  Your Northern Virginia Realtor 703 407 7088 Konnie Mac FREE No Strings attached...

search MLS to to www.KonnieMac.com

Realty Direct, 44075 Pipeline Plaza Ashburn, Virginia

www.ManassasHomeSearch.com

 If you are looking to purchase a home in Northern Virginia go to www.KonnieMac.com for free no strings attached home search.