6 real estate headlines: 7-26

Written by Federal Title | 26 July 2010

A daily dose of headlines for real estate agents, mortgage lenders and consumers.

U.S. housing slump continues, D.C. doing better
Washington Post: The Washington area has benefited from economic sectors, such as government, education and military-related businesses, that have done well recently. 		Former homeowners ponder when to re-enter market
Washington Post: Indeed, while some financially sophisticated professionals who foresaw the housing crisis have re-entered the housing market, others remain renters.
D.C. gets Triple-A rating on King Towers bonds
Washington Business Journal: The bonds will finance a portion of the costs of acquiring, rehabilitating and equipping the King Towers apartment complex at 1220 12th St. NW.
Condo sellers should ensure projects are FHA-approved
Los Angeles Times: Under a little-noticed edict put in place in December, the FHA is no longer approving mortgages on condominium units on a spot, loan-by-loan basis.
Affordable housing project in Columbia Heights
DC Mud: "There was a lot of talk, scrutiny, and debate at city hall about this project ... but we are all glad that the talking has stopped, and the action has gotten back on track."
Doubling down on housing
Wall Street Journal: Some intrepid homeowners are intentionally taking a loss on their current house in order to buy twice the home for not much more money.

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