Real estate news update: 5-07

Written by Federal Title | 07 May 2010

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

Report: Washington area at high risk for home price decline
Washington Examiner: Unemployment rates and affordability ranked relatively well, but prices declining prices hurt Washington's score in the 2010 Risk Report. 		The $2.3 trillion yard sale
Newsweek: Having waged a battle against financial mayhem for the last two years, the Federal Reserve is tentatively declaring victory.
Why Freddie Mac sees home prices slipping this year
Wall Street Journal: Freddie Mac warns about four big risks it sees for home prices that could further decline nationally before any sustained turnaround begins.
America's most expensive homes
Forbes: You'd never know the country was in a recession based on the cost of these homes. In fact, pricing for this small group of properties is even stronger than last year's list.
Jumbo loans get cheaper, still tough to qualify
Wall Street Journal: Signs show as credit standards have become tighter and home prices begin to stop falling, more banks may begin offering competitive rates on jumbo loans.
Oil spill could further paralyze Florida economy
The Atlantic: No one wants to visit beaches where oil mingles with the seashells in the surf. That's why Florida is desperately hoping the recent spill in the Gulf of Mexico can be contained.

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Headlines compiled by Strategic Research.

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