Real Estate News
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Source: Washington Post
Sat, 13 Mar 2010
Treasury hopes new rules send short sales to the rescue of underwater mortgages
With new Treasury Department rules designed to expedite short sales set to take effect April 5, relief can't come soon enough for some area buyers, sellers and real estate agents who have waded through a long and arduous process to get short sales approved by the bank.
Fri, 12 Mar 2010
New round of foreclosures threatens housing market
The housing market is facing swelling ranks of homeowners who are seriously delinquent but have yet to lose their homes, and this is threatening a new wave of foreclosures that could hit just as the real estate market has begun to stabilize.
Sat, 13 Mar 2010
Landover Hills: location, affordability still draw first-time buyers
When Mike Walker and his wife, Kathy, found an affordable house in Landover Hills back in 1979, they were looking for an upgrade from their apartment in nearby Bladensburg. The house was advertised as a "fixer-upper," Mike Walker recalled, and cost $39,500.
Sun, 14 Mar 2010
Steven Pearlstein reviews 'The Big Short' by Michael Lewis
"The Blind Side" and "Moneyball" author Michael Lewis turns his attention to the U.S. financial crisis.
Sat, 13 Mar 2010
Green Scene: Pruning tips, groundhog repellent and other gardening advice
As daylight saving time begins this weekend, it's a reminder that spring is just around the corner. So we have an assortment of questions that spans the winter-spring boundary.
Sat, 13 Mar 2010
Expenses incurred buying a house can be a risk
I tried to buy a house. I applied for a loan, and the bank processed it as a Federal Housing Administration loan instead of a conventional loan. The house I was buying failed the FHA inspection, and I did not buy it.
