Tuesday, March 22, 2011

6 real estate headlines: 22-Mar

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

Will spring lead to sunnier housing data?
Wall Street Journal
: Home prices fell to the lowest level in nearly nine years. Industry watchers have mixed feelings about the spring selling season now officially under way.
Housing paperwork: What to keep
Washington Post
: The essential documents are your HUD-1 settlement statement, the promissory note, the deed of trust (mortgage), the truth-in-lending disclosure and the deed.
Existing home sales dive
: Sales fell 9.6 percent month over month to an annual rate of 4.88 million units, snapping three straight months of gains. The percentage decline was the largest since July.
Confessions of a black gentrifier
Washington City Paper
:The story of the black gentrifier, at least from this black gentrifier's perspective, is often a story about being simultaneously invisible and self-conscious.
Survey: American upbeat about owning homes
: In spite of gloomy news about housing coming from virtually all directions, a new survey reveals that 70 percent of Americans would advise friends and family to buy a house.
Brookland development hits snares
Washington Examiner
: A hotly contested development project near the Brookland Metro station has been deemed too controversial by a city zoning panel to move forward just yet.


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