Headlines from the DC Metro Area:Mortgage interest deduction hangs on, but how long? Opposition from real estate organizations to reducing or eliminating the deduction remains strong in the face of a fragile housing market and a weak economy. White House puts O Street Market on fast track Of the 14 projects nationwide that "will be expedited through permitting and environmental review processes," the District's own City Market at O Street (former home to a crumbling Giant supermarket) will be one. New EYA condos to be built in Alexandria office building Potential buyers of the building initially felt that it could accommodate 100-150 residential units, but that number has been pared down, and the final product will likely be somewhere in the 50-75 condos with large floorplans. |
National real estate news stories:10 tips for high value home appraisals Lowball appraisals can kill deals. They can also kill a refinancing application. If it comes in too low, it's not worth refinancing or you might need to put in a whole lot more equity. Mortgage lenders to get more insight into borrower pasts Mortgage lenders will soon have access to new details about a prospective borrower's past -- such as past rental applications, inquiries to pay-day lenders, and missed child support payments -- that will be factored in to a new credit score. |
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