Real estate news update: 6-03

Written by Federal Title | 03 June 2010

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

How to best other homebuyers
Smart Money: As the housing market continues to struggle, sellers don’t yet have the upper hand as they did in the boom years.
More bank-owned homes likely to hit the market
Wall Street Journal: Housing analysts keep trying to count how many foreclosed homes banks and mortgage investors own.

America's coolest beach homes
CNBC: With summer heat just around the corner, you can bet plenty of people are planning trips to the shore. But what's "cooler" than actually owning a mansion on the sand?

The hard truth about residential real estate
Zero Hedge: There is a massive structural imbalance in residential real estate that will take at least a decade or more to unwind.
UDC to expand east of the Anacostia?
Washington Post: The slash to the streetcar program wasn't the only big change to the city budget made in the wee hours Tuesday night.		6 new hurdles for home financing
Forbes: If you've been in the market for a mortgage recently, you've no doubt noticed how difficult it can be to get approved. You're not imagining it, and it's not just you.

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Headlines compiled by Strategic Research.

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