Real estate news update: 5-25

Written by Federal Title | 25 May 2010

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

5 ways for buyers to outsmart the market
The New York Times: The recession has brought about many of the biggest changes, like lower prices, tighter lending standards and historically low interest rates.
MD green version of historic tax credit becomes law
Washington Business Journal: The credit encourages rehabilitation projects around transit lines and projects are tied to the federal Base Realignment and Closure plan.
Anger at the root of mortgage default problem
Washington Post: A study finds that despite mortgage modifications homebuyers walk anyway, in large part because they are at the end of their emotional rope.
Mortgage rates decline
Wall Street Journal: The financial turmoil in Europe is providing an unexpected windfall for American home buyers, pushing domestic mortgage rates back near 50-year lows.
Metro area to see new wave of foreclosures
Washington Examiner: The number of Washington-area foreclosures are falling, but there will be more to go before the market is fully recovered.
Three fatal flaws of real estate negotiation
Inman News: In today's tough market, powerful negotiation skills are important. Are you undermining your negotiation success with scripts and strategies that contain a fatal flaw?

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Headlines compiled by Strategic Research.

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