Real estate round-up: October 3

Check in every business day for the latest edition of Real Estate Round-up, where we post a list of our favorite real estate news stories from DC and beyond.

Headlines from the DC Metro Area: Parts of area housing market nearing pre-recession levels Washington Examiner The strongest signs of growth are in the region's inner core of the District, Arlington County and Alexandria. In particular, the District's median price in August was nearly 90 percent of its November 2005 high. Grand opening: Old Town Commons DC Urban Turf The 44-unit boutique building will have one-bedroom, one-with-den and two-bedroom units, all of which will include garage parking with lockable storage areas.� Small time real estate developer has big dreams Washington Post For decades, Buzzard Point has been the Washington waterfront's next big thing. From The Post, October 1989: Buzzard Point is "the blighted neighborhood south of the Capitol that is now being touted in the real estate trade as the Tysons Corner of the 21st century." A little architectural knowledge can go a long way for homeowners Washington Post When real estate agents list a property with the multiple listing service, they have complete discretion over how to categorize the architectural style of the house. Sometimes they get it wrong. Official records occasionally get it wrong as well. And often, homeowners themselves aren't even sure.

National real estate news stories: Exploring the 15-year loan The New York Times Fifteen-year mortgage rates certainly look enticing these days, and the idea of owning a home, debt-free, in less time than it takes to raise a child, sounds grand. So what's the catch? South Florida property values show modest decline Miami Herald Recent figures showed a slowdown in the three-year freefall of property values, with modest countywide declines of 2.8 percent in Miami-Dade County and 1.6 percent in Broward County, according to property appraisers.

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