Glen Echo Real Estate

Featured Article

• High-End Foreclosures Rising Among Top Tier Homes

  Monday Jun 30 | via Realty Trac 

  Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited ...

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  Related Topix: Housing, Home, Mortgage

Local Headlines

• Montgomery County Homeowners Are Facing More Housing Foreclosures

  Thursday | via WMAL-AM Washington 

  A new report from the George Mason University Center for Regional Analysis shows the Washington area has one of the fastest-growing foreclosure rates in the country and the number of people losing their homes ...

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  Related Topix: Montgomery County, MD, Foreclosures, Germantown, MD

• Housing market holds steady during first half of the year

  Sunday Jul 20 | via Houston Community Newspapers Online 

  While Montgomery County home sales have declined over the first half of 2008 compare with the same period a year ago, many analysts say sales are more in line with 2004 and 2005 which was before the sub-prime ...

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  Related Topix: Cut and Shoot, TX, Real Estate, Houston Metro, Montgomery County, TX

• News Summary - 7/16

  Tuesday Jul 15 | via Daily Record 

  CoStar sees earnings surge CoStar Group Inc., of Bethesda, posted the highest second-quarter earnings in its history, and said it anticipates even stronger results in the third quarter.

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  Related Topix: Bethesda, MD, Real Estate, Montgomery County, MD

• Personal property, real estate tax delinquencies up across region

  Friday Jul 11 | via Washington Business Journal 

  With their tax bases already stressed by the housing market's woes and the economic downturn, some local governments are also taking a revenue hit from taxpayers who are paying late - or not at all.

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  Related Topix: Foreclosures

• Study Highlights Adams Morgan As Possible Foreclosure Hot Spot

  Jun 1, 2007 | via WRC Washington DC Channel 4 

  Adams Morgan was singled out as a possible foreclosure hotspot in a 168-page study on subprime mortgage loans in D.C. that was released on Monday by the city's Department of Insurance, Securities and Banking.

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  Related Topix: Home, Mortgage, Mortgage, Personal Finance, Foreclosures, Washington, DC

Regional Headlines

• Frederick County wants to tackle vacant homes, shaggy lawns

  Wednesday Jul 23 | via WTOP 

  Frederick County might step in to help alleviate the housing crisis. Next week, the Frederick County Commissioners plan to discuss a new law to prevent overgrown lawns.

  Comment?

  Related Topix: Home, Mortgage, Foreclosures, Maryland

• Foreclosure rules take effect Wednesday

  Tuesday Jul 22 | via Daily Record 

  New foreclosure-procedure rules go into effect Wednesday that require lenders to provide direct notice to delinquent homeowners before taking possession of and selling their homes.

  Comment?

  Related Topix: Home, Mortgage, Maryland Government, Maryland, Foreclosures

• Foreclosure in court

  Tuesday Jul 22 | via The Baltimore Sun 

  Maryland's highest court will convene today for a hearing on changes to foreclosure rules that would conform with new legislation that gives homeowners more notification and a longer waiting period before their ... 11 comments

  Related Topix: Maryland Government, Maryland, Foreclosures, Home, Mortgage

• The Daily Dose: Monday

  Monday Jul 21 | via SNL Financial 

  Mapletree Logistics Trust Management Ltd., manager of Mapletree Logistics Trust, announced that the company's total amount distributable for the quarter was S$22.6 million, an increase of 28.2% from S$17.7 ...

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  Related Topix: World News, United Arab Emirates, Middle East, Maryland, Real Estate

• An economic prescription

  Thursday Jul 17 | via Baltimore Sun 

  Reading recent headlines, it might be easy to conclude that the economy is in a death spiral. 21 comments

  Related Topix: Maryland Government, Maryland, Weather, Housing, Opinion

National Headlines

• U.S. Congress passes mortgage aid for 400,000 struggling homeowners

  1 min ago | via Penticton Herald 

  U.S. Congress passed a housing rescue bill Saturday aimed at sparing 400,000 struggling homeowners from foreclosure.

  Comment?

  Related Topix: Foreclosures, George Bush, US Politics, US News, Home, Mortgage, Mortgage, Personal Finance

• FDIC closes First Heritage Bank

  1 min ago | via Taipei Times 

  WILD WEST: The 28 bank branches in Nevada, Arizona and California will reopen as Mutual of Omaha Bank branches X with the full amount of deposits insured AP, CARSON CITY, NEVADA Sunday, Jul 27, 2008, Page 11 ...

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  Related Topix: Scottsdale, AZ, Foreclosures, Arizona, Arizona Government

• Housing rescue bill heads to Bush for signature

  1 min ago | via My West Texas 

  Congress passed the most significant housing legislation in decades Saturday, offering help to struggling homeowners and seeking to stabilize a troubled housing market that has dragged down the economy.

  Comment?

  Related Topix: George Bush, US Politics, US News, 2008 Presidential Election, Foreclosures, Home, Mortgage

• Congress passes housing rescue bill

  1 min ago | via KATU-TV Portland 

  Congress has passed a housing rescue bill aimed at sparing 400,000 struggling homeowners from foreclosure.

  Comment?

  Related Topix: US News, Foreclosures, US Politics, 2008 Presidential Election, Home, Mortgage, Mortgage, Personal Finance

• Building wealth : Not yet time to relax

  1 min ago | via The New Zealand Herald 

  Many homeowners and potential buyers may have thought they could breathe a sigh of relief after the Reserve Bank cut the official cash rate last week for the first time in five years.

  Comment?

  Related Topix: Oceania, New Zealand, World News, Mortgage, Home