A daily dose of headlines for real estate agents, mortgage lenders and consumers.
D.C. housing market in recovery mode REO Insider: The average price of a Washington-area home was $398,445 in the second quarter of 2010, 4.2% higher than in the second quarter of 2009. | A downside of short sales The New York Times: But the jump in short sales has also given rise to a new form of fraud � which, as a recent study by CoreLogic suggests, could undermine the burgeoning practice. |
Scope, cost of planned NW arts district questioned Washington Post: But some people who stand to benefit from the new arts district said they worry that the area's size is daunting and that there is no specific plan. | The return of new condos in Alexandria DC Urban Turf: One of the main draws for buyers may be the amenities, including a 25-meter lap pool, a sun deck, a private dog park, a fitness room and outdoor sports court. |
Who's your agent looking out for? Washington Post: Before you know it, the shopping process can become not-so casual -- and you should get answers to some basic questions. | Silver Spring's contracting galaxies DC Mud: RST Development began excavation work on the site to make way for an apartment building that will soon rise just west of Georgia Avenue on the Silver Spring-Washington DC border. |
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