Wednesday, March 23, 2011

6 real estate headlines: 23-Mar

A daily dose of headlines for real estate agents, mortgage lenders, homebuyers and home sellers.

Home, condo sales on the rise in Florida
Housing Wire
: Florida's existing home sales rose 13% in February with existing condo sales soaring 29% compared to year earlier, according to housing data released by Florida Realtors.
Housing boom drove D.C.'s shifting color line
Washington Examiner
: Slower growth could allow for better balance in the future, with developers building more housing that is priced for the area median income instead of housing that prices out longtime residents.
Discounts expected in spring housing market
Wall Street Journal
: The silver lining, say economists, is that bargain prices, coupled with low interest rates, might finally spur some buyers off the fence as the real-estate industry prepares for its busiest season.
New residential project breaks ground in NoMa
DC Mud
: Mill Creek Residential Trust LLC will build NoMa West, three five-story buildings on a 4.3 acre site that will add 603 predominantly market rate apartments to the burgeoning neighborhood.
Market Watch: 20011
DC Urban Turf
: Home owners looking to put their house on the market should keep in mind that at this time, $300,000 appears to be the tipping point between seller's and buyer's markets.
Attorneys general try penalize shady lenders
Washington Post
: 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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