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
MSNBC
: 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.

http://twlv.net/2Q4msu

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