Thursday, June 2, 2011

6 real estate headlines: 02-June

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

Washington home prices beating double dip
Washington Examiner
: The region's continued recovery in the face of a national double dip is largely because Washington got a head start in recovering from the recession.
Real estate news: Home prices still falling
Wall Street Journal
: U.S. home prices fell 4.2% in the first quarter, hitting a new post-bubble low, according to the S&P Case-Shiller home-price indexes.
Homebuyers should act now; mortgage costs will rise
HSH.com
: Fannie and Freddie were originally created to promote home ownership in the U.S. by facilitating the sale of mortgages to private investors. At issue is the hybrid public/private model of the GSEs.

Case Schiller: DC home prices increase 4.3%
DC Urban Turf
: As home prices in the rest of the country continue to fall, the DC area (as defined by the index) continues to move in the other direction.

Where we live: Truxton Circle
Washington Post
: The neighborhood saw significant changes starting five years ago, when more than 40 rowhouses clustered around Bates Street went on the market at once.
Ontario Theater dreaming of condos
Washington City Paper
: With the housing market going absolutely bonkers in D.C., the longest-stalled projects are creeping closer to reality.

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