Real estate news update: 6-03

A daily dose of headlines for real estate agents, mortgage lenders and consumers.

How to best other homebuyers Smart Money: As the housing market continues to struggle, sellers dont yet have the upper hand as they did in the boom years.	More bank-owned homes likely to hit the market Wall Street Journal: Housing analysts keep trying to count how many foreclosed homes banks and mortgage investors own.
Americas coolest beach homes CNBC: With summer heat just around the corner, you can bet plenty of people are planning trips to the shore. But whats cooler than actually owning a mansion on the sand?	The hard truth about residential real estate Zero Hedge: There is a massive structural imbalance in residential real estate that will take at least a decade or more to unwind.
UDC to expand east of the Anacostia? Washington Post: The slash to the streetcar program wasnt the only big change to the city budget made in the wee hours Tuesday night.	6 new hurdles for home financing Forbes: If youve been in the market for a mortgage recently, youve no doubt noticed how difficult it can be to get approved. Youre not imagining it, and its not just you.

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Headlines compiled by Strategic Research.

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