Buying is cheaper than renting Bankrate.com: The trend is expected to continue through the rest of the year as the rental market gains strength. Rents have started climbing and apartment vacancies have been dropping. | The mysterious charms of DC's alleys Washington City Paper: Unlike in older cities, where alley dwellings were constructed later as real estate pressures mounted, DC alleys were built in conjunction with middle-class housing in the years of the city's rapid expansion following the Civil War. |
Downtown faces stiff competition from redeveloped 'burbs Washington Examiner: Downtown's property tax rate of nearly 1.9 percent is nearly double the rate in most suburban office hubs like Alexandria, Rosslyn or Bethesda. | Foreclosure side effect: Bidding wars Housing Wire: The factors feeding the competition stem from the fact that many traditional homeowners can't or won't sell, leaving deal-hungry buyers clamoring for bank-owned foreclosures. |
Do homebuilders have a future? Wall Street Journal: Bargain-priced foreclosures remain stubborn competition. Would-be buyers can't qualify for mortgages. High unemployment rates persist. | How borrowers could lose with new mortgage rules HSH.com: In the end, the Federal Reserve standards go as far as possible to assure the best interests of the lending community the Fed is supposed to regulate. |
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