Wednesday, April 13, 2011

6 real estate headlines: 13-April

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

A Bethesda house that could be a Tetris game
: If you are allergic to curves this is the house for you.The glass walls that surround the courtyard let light in at all sorts of crazy angles, which the architect previously described as "living in a kaleidoscope."
Real estate bust hasn't dimmed Americans faith in real estate
Wall Street Journal
: According to the results of a telephone survey conducted in March, Pew Research Center found eight-in-ten adults believed a home was the best long-term investment a person could make.
Down payment requirement angers senators
Washington Post
: Under the plan, banks would have to retain a stake in loans with smaller down payments, a costly requirement that the industry said it would pass on to borrowers in the form of higher interest rates and fees.
Watch for rising mortgage costs
: Under the law, loans that do not meet the stricter standards will be pushed into a less-favored, higher-cost category.

March housing activity highest since 2006
Washington Examiner
: The region's housing market this spring is positioned to have an even stronger performance than last year -- and that's without the help of a federal tax credit to drive up sales.

Shop to save on title services
Washington Times
: Savvy homebuyers shop carefully for the right real estate agent and a trustworthy lender, but many then think the only shopping left to do is for the home itself.

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