Friday, April 22, 2011

6 real estate headlines: 22-April

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

DC's oldest house?
: The District's oldest house wasn't actually built in DC, but was moved here in six separate railroad cars from Danvers, Massachusetts.
Obama: Housing probably biggest drain on economy
Wall Street Journal
: Underwater borrowers aren't spending much because they've lost wealth and job mobility is hindered because people can't easily sell their homes and move, he said.
Impact of first-time homebuyer tax credit still felt
: The Treasury Department is now estimating that improper deductions worth more than $500 million have been taken under the government's tax credit program for first-time homebuyers.
Does private mortgage insurance have a place in the new mortgage order?
: It's no surprise that the private mortgage insurance industry is fighting hard against proposed new risk retention rules for the mortgage industry.
New commonsense mortgage rule
: It was the lack of basic, commonsense rules that allowed lenders to give out mortgages to people who clearly couldn't afford them during the housing bubble.
DC's Top 10 green neighborhoods
DC Urban Turf
: Earth Day is today, so in honor of this annual day of environment awareness, MRIS has compiled a list of the DC area's top ten green neighborhoods.

No comments:

Post a Comment

Now Playing: Closing Costs Explained Visually