Monday, March 7, 2011

6 real estate headlines: 07-Mar

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

Spurred by private hiring, job growth gathers steam
The New York Times
: The nation's employers added 192,000 jobs in February, up from a gain of 63,000 the previous month, the Labor Department reported last Friday.
True economy: Look past job numbers hype
Inman News
: Markets for long-term credit this week dodged not one bullet but an entire volley. The first week each month brings news of the prior month, and the most definitive data.
Timing is ripe for negotiation
Wall Street Journal
: Small-business owners are seeing opportunities in the soft real-estate market to renegotiate their office, retail and industrial leases for less money.
D.C. property values rise
Washington Post
: In a sign of recovery for the District's real estate market and its economy in general, new property assessment data indicate modest growth in the city's tax base.
Major College Park development wins approval
Washington Examiner
: Prince George's County has approved plans for a high-end residential and retail development adjacent to the University of Maryland.
Defining 'qualified' mortgage
: As government regulators define a "qualified residential mortgage," their definition could determine the types of loans homebuyers and homeowners can get.

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