There are a few items I'd like to touch on so it's a bit of pot luck!

If you didn't see this article on home equity and the changing rules in the Washington Post, you should take a look. Banks are changing the rules, even on existing home equity lines of credit. If you have a home equity line of credit and haven't heard from your bank yet, here's a heads up. (My two cents: taking money out of home equity and paying 8% interest and putting it in the bank at maybe 3% interest is a BAD, BAD move!)

The homestead property tax exemption that was being debated in the Virginia legislature has gone down to defeat. Lobbying by business interests who were convinced that businesses would have to pick up the slack in revenues for the localities killed it. For those of you looking for a little property tax relief, it's not coming via this vehicle. More on property taxes next week.

Flor is a company I've been wanting to spotlight here. I love their commitment to the environment, the fact that they have the lowest VOC output of any carpet product and the ability to recycle their products by sending them back to the company. Check out their very cool products!

Lastly, VAR (Virginia Association of REALTORS) is having a blog contest to coincide with March Madness. If you like this blog, please click this link: