Real estate news update: 5-24

Written by Federal Title | 24 May 2010

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

10 fastest growing foreclosure swamps
Forbes: Both Virginia and Maryland have cities that made the list of the fast growing foreclosures in the country. Find out which cities from this slideshow.
Improving values discourage property tax appeal
Real Estate Economy Watch: A study found most appeals were sought in census tracts with high median home values and larger or newer homes.
Most (and least) affordable places to buy a house
CNN Money: Helping keep home prices depressed is a fairly virulent foreclosure plague: There were more than 18,400 properties with foreclosure filings during 2009.
Mortgage delinquency rate vs. unemployment rate
Calculated Risk: There definitely is a relationship between delinquency rates and the unemployment rate, although a couple of states really stand out, including Florida.
Improved due diligence is key to second market revival Housing Wire: Recovery in the market for private residential mortgage-backed securities continues to be held up by continuing concerns about the underpinnings of these deals.
New partnership to develop DC's Southwest waterfront
Washington Post: The project remains one of the city's largest and most anticipated development sites and was one of many projects stalled by tumultuous financial markets.

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Headlines compiled by Strategic Research.

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