INSIGHTS

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Be patient while looking for deals with best mortgage rates

Mortgaging is kind of like a collectivized loan that can affect you and your family for a long time if it is not worked out properly. People generally fall for deceptive advertisements boasting about best mortgage rates, so you need to be cautious. Many people who...

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Optimism Over Commercial Real Estate Market Recovery

The outlook for commercial real estate markets among industry leaders is modestly optimistic as economic fundamentals show slow yet steady improvement. At the same time, public policy uncertainties in Washington and concerns over a potential rise in interest rates...

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First Citizens Bank Closes on Land for City Branch

First Citizens Bank this week purchased the land where it will build a new branch near the southwest corner of U.S. 1 and Cowan Boulevard in Fredericksburg. The bank paid $1.6 million for the 1.68-acre pad site in the Silver Cos.’ Cowan Crossings development. The land...

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Office Demand Still Catching Up With Job, Business Growth

The slow but steady progress in the recovery of the economy continued to present somewhat of a conundrum for the office market in the first quarter. On the one hand, despite moving in fits and starts, the recovery has helped stablize the office market and support...

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New Commercial Project in the City of Fredericksburg

The Silver Cos. is planning a commercial development along U.S. 1 near the intersection of Cowan Boulevard in Fredericksburg. A limited liability company composed of Silver principals Larry Silver, Jud Honaker and Ed Minniear last month purchased about 6.6 acres of...

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