Monday, May 9, 2011

6 real estate headlines: 09-May

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

DC defends Live Near Your Work
Washington City Paper
: The best way to get people to live near where they work is to help create affordable housing, and the best way to get people to live near transit is to make transit an excellent service.
White House data reveals fragility of housing
Housing Wire
: The Obama administration released April's Housing Scorecard Friday, detailing housing data and trends from March compiled from the Department of Housing and Urban Development and the Treasury Department.
More homebuyers should put faith in Good Faith Estimate
Washington Post
: A recent survey found the GFE may not be improving shopping as intended. After receiving the disclosure, 56 percent of buyers say they did no comparison shopping among lenders.
Mortgage delinquencies post big drop in March
Wall Street Journal
:Mortgage delinquencies fell by 12% in March, the biggest monthly drop since the housing bust began, to the lowest level since 2008, an improvement driven by declines in the number of newly delinquent loans.
Tyson's new look could spread to Fairfax
Washington Examiner: A new look for streets and sidewalks at the remade Tysons Corner is set become a template for redevelopment throughout Fairfax County, signaling a move away from traditional suburbia to a collection of mini-cities.
Inflation? Worry about recovery first
Inman News
: All of the debasement/inflation howling boils down to one thing: how you feel about the Fed's quantitative easing ("QE") operations. None of the hard data supports the howlers.

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