Wednesday, April 27, 2011

6 real estate headlines: 27-April

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

Residential development heats up as demand swells
Washington Examiner
: Condominium sales increased by 44 percent last year in the District, compared with a 14 percent increase regionally.
Lenders, appraisers catching up with green homes
: Many who improve their homes with energy-efficient products do so with high hopes of return, only to find that their appraisals are disappointingly low. The reason is inadequate appraiser training.
Buyer's market? Stressed sellers say not so fast
Wall Street Journal
: A nearly five-year slide of home prices has left many sellers unable or unwilling to lower their prices.
Mortgage denied: Sometimes for no good reason
CNN Money
: Getting a mortgage just keeps getting tougher, and many homebuyers are getting rejected for loans they could easily afford. rolls out iPad app
Inman News
: Agents need to make sure the information they're putting into their multiple listing service is as accurate, up-to-date, and detailed as possible,
Home loan applications rise
: The index that measures home purchasing activity was up 10 percent to the highest level in more than four months. That jump was driven largely by a 17.6 percent increase in applications for so-called government loans.

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