Friday, June 3, 2011

6 real estate headlines: 03-June

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

In Washington, a housing thaw
Wall Street Journal
: While the area remains a buyer's market, anecdotal evidence suggests the tables are slowly turning, especially for properties in the city and inner suburbs.
H Street NE's soft middle
DC Mud
: For now it looks as though a functioning trolley line will connect the two ends of H Street before there is much reason to hop off in the middle.
Audit reveals IRS problems with homebuyer credit
Washington Post
: A review of a smaller sample of returns, supplemented with local real estate deed information, found that 30 percent "had no record of owning a home."

Ledroit Park brings neighbors together
Washington Examiner
: Today people are drawn to its relative affordability and prime location. The U Street and Shaw/Howard stops on Metro's green line are easily accessible, as are four bus lines.

Why is DC afraid of redistricting?
Washington City Paper
: There's a knock-down, drag-out fight in the Wilson Building over redistricting, and politically active residents are incensed that they'll be moved from one ward to another.
Lenders to pay for improper military foreclosures
: Two mortgage lenders will pay more than $22 million combined to settle federal civil charges that they improperly foreclosed on 178 military personnel, some of whom were serving in the Iraq or Afghanistan wars.

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