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
MSNBC
: 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
CNBC
: 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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