Real estate news update: 5-12

Written by Federal Title | 12 May 2010

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

DC Area home sales jump in April
Washington Business Journal: Residential sales in the mid-Atlantic region were up 25% from a year earlier, with the average number of days on the market down 26 percent,
Sheridan Station breaks ground in Anacostia
DC Mud: The 344 mixed-income housing units are funded in part thanks to a $20 million HOPE VI competitive grant that the District of Columbia Housing Authority received from HUD.
Tax credit helped housing market bounce back
USA Today: It's unclear if the market will continue to rebound, though, now that the federal first-time home buyer tax credit has expired.  		Whole Foods to open next week in Chevy Chase
DC Mud: The neighborhood-transforming grocer is putting the finishing touches on its Chevy Chase store, located just over the DC border at Wisconsin Place.
Construction resumes at 1015 Half Street, DC
Globe Street: 1015 Half St., SE, has restarted construction on the 400,000-square foot office project after inking a $26 million contract with Skanska USA Building last week.		Top 10 metros for median price-growth, decline
Inman News: NAR reported the median single-family existing-home price rose in 91 of 152 metro areas in the first quarter compared to the same quarter last year.

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Headlines compiled by Strategic Research.

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