Wednesday, May 25, 2011

6 real estate headlines: 25-May

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

Behind the numbers: A surprise from new home sales
Wall Street Journal
: Sales climbed 7.3% on a monthly basis to a seasonally adjusted annual rate of 323,000 in April, the Commerce Department said Tuesday morning. Economists had expected 300,000.
Where we live: Rollingwood
Washington Post
: The neighborhood, west of Rock Creek Park and south of East West Highway, started as a single 100-acre estate with a 30-room castle and grand gatehouse.
10 markets with fastest rising real estate prices
Inman News
: Two Florida markets saw the highest jumps: median list price in Fort Myers-Cape Coral rose 25.7 percent to $225,000, and the median in Miami rose 8.6 percent to $239,000.

Top 5 worst housing markets
: House prices fell in most of the country from the beginning of 2010 to the first quarter of 2011. Check out the five fastest-falling markets.

First-time homebuyers leading the way
Washington Examiner
: First-time homebuyers still play a leading role in the metropolitan area's real estate show, snatching up low-interest rates and freeing sellers who want to move up in the market.
It can pay to snoop on your neighbors
Wall Street Journal
: Going to the open house of a home for sale down the block may make you feel like a nosy neighbor. But there are good reasons, beyond sheer curiosity, to take a peek inside.

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