Washington, DC Real Estate News
Real Estate news for Washington, DC continually updated from thousands of sources.
Monday Jun 20 | via WTOP-FM Washington
It's a troublesome story playing out across America in the 10 years since the housing bubble peaked and then burst in a ruinous crash: As real estate has climbed back, homeowners are thriving while renters are struggling. For many longtime owners, times are good. Comment?
Friday Jun 17 | via The Hill
A fixed-rate mortgage offers protection against rising rents, and the tax advantages of owning a home are well known. Moreover, homeownership strengthens communities and offers people a place to build a future. Comment?
Thursday Jun 16 | via MarketWatch
A June 9 inspector general's report from the Federal Housing Finance Agency , which controls operations through conservatorship of both mortgage giants Fannie Mae and Freddie Mac, released a scathing report on Fannie Mae's plans for a new headquarters in downtown Washington, D.C., doubting that the plans for the so-called Midtown Center, which include spiral staircases, rooftop decks and three glass-enclosed walkways, "are appropriate for an agency in conservatorship." In the report, the agency's inspector general, Laura Wertheimer, told FHFA that the cost to built the new 679,0000 square-foot Fannie Mae headquarters had risen more than 50% since January of 2015 to $151 million up from $115 million). Comment?
Tuesday May 31 | via The Washington Post
Tim Savoy, a real estate agent with Coldwell Banker Residential Brokerage Dupont/Logan Circle, writes an occasional column about the Washington-area housing market. In my experience, the Washington area is becoming a little less of a transient place where people move in from out of town to take a job, rent a home and then move out. Comment?
May 27, 2016 | via The Washington Post
Cathie Gill and her husband, John R. Gill, bought a 1951 center-hall Colonial in the Spring Valley neighborhood of Northwest Washington nearly a decade before Gill entered real estate. The 4,400-square-foot house is listed at $2.995 million. Comment?
Yesterday | via JD Supra
What were state banking regulators focused on last year? A new report from the Conference of State Bank Supervisors reveals that state regulators "increased coordination and collaboration between state regulators and other stakeholders, fostered and developed research and analytical tools, developed innovative solutions for a rapidly changing financial services industry, and provided education and training for examiners and supervisors." The report touts the CSBS's 2015 accomplishments. Comment?
Thursday Jun 23 | via Inman
A sure-fire sign of an improving real estate market is the fall of foreclosure activity, and luckily those trends are down throughout the nation for the eighth consecutive month, according to RealtyTrac's newly released data. Monitoring foreclosure activity throughout the nation down to a city level, the data showed that foreclosure activity is below 2006 average monthly levels. Comment?
Wednesday Jun 22 | via US News & World Report
Unless you're upgrading to a new home every year, chances are the buying and selling process has changed significantly since you were last in a closing . The market is different, new lender requirements have been introduced and you probably have a different set of needs for your next house, leaving you stuck at the first step: Should you buy your new home or sell your current one first? A simple way to solve this potential conundrum is to look at how much risk you're comfortable taking on. Comment?
Tuesday Jun 21 | via Inman News
Houston-The Woodlands-Sugar Land metro foreclosure activity fell 7.56 percent and 12.72 percent on a monthly and annual basis in May. A sure-fire sign of an improving real estate market is the fall of foreclosure activity, and luckily those trends are down throughout the nation for the eighth consecutive month, according to RealtyTrac's newly released data. Monitoring foreclosure activity throughout the nation down to a city level, the data found that foreclosure activity is below 2006 average monthly levels. Comment?
Monday Jun 20 | via Boston.com
Going after the worst colleges has such ugly and disruptive consequences - for students, for institutions, and for the government - that it's just been less stressful, at least until now, to downplay the problem and keep the federal loans flowing. Last week, the US Department of Education staff concluded that the federal government should stop recognizing the Accrediting Council for Independent Colleges and Schools. Comment?
3 hrs ago | via KQED
After 20 seasons, The Bachelor/Bachelorette franchise is a well-oiled machine. Each season comes with a few guarantees: no person of color will make it to the final four; the promos for future episodes will be unfairly misleading; and there will be a villain. Comment?
10 min ago | via Stuff.co.nz
There are fears the property market could grind to a halt if debt-to-income ratios are introduced by the Reserve Bank. The restrictions are deployed in other markets around the world, such as Britain, where borrowers must have a loan no bigger than 4.5 times their mortgage. Comment?
11 min ago | via MyFoxNY
One South Bay community is seeing soaring demand for housing -- so much so that some residents are redefining the concept of housing itself. One South Bay community is seeing soaring demand for housing -- so much so that some residents are redefining the concept of housing itself. Comment?
12 min ago | via The Washington Post
Banks' demand for cash surged at the Bank of England's first liquidity operation since the U.K. voted to leave the European Union, with financial institutions requesting more than double the amount allocated. At the auction of cash in exchange for collateral, banks were allotted 3.1 billion pounds . Comment?
15 min ago | via News Max
KEY DATA: Confidence: +5.6 points: GDP: +1.1% ; National Home Prices: +0.1%; Year-over-Year: +5% IN A NUTSHELL: "When the dust settles on Brexit, it will be consumer spending that will determine the course of the U.S. economy and we need to wait a while before we know what consumers are thinking." WHAT IT MEANS: The news is all about Brexit and while the uncertainty it has created will likely dominate discussions for a while, ultimately, the U.S, economy will rise and fall on its ability to withstand whatever shocks may come. Comment?
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