Real estate news update: 6-16

Written by Federal Title | 16 June 2010

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

Housing still sluggish
Boston Herald: Home sales and housing starts rebounded last year, but record foreclosures and unemployment threaten the recovery, according to a study.
Is a new housing shortage coming?
CNN Money: Just 672,000 new homes were started in April, less than half the long-term run rate needed to meet the nation's natural population growth.
Potomac Yard project raises traffic, tax fears
Washington Post: Alexandria officials are reshaping the north end as a multi-billion-dollar development with 7.5 million square feet of residential, retail and commercial space.
Jobs needed for housing to recover
The Matrix: Job creation will be needed to carry the torch from the federal tax credit stimulus. Job creation as an offset to the rising foreclosure problem is the key.
More sellers asking for post-closing occupancy
The Apple, Peeled: Should this circumstance appear in your negotiations, which happens more often than one might like, here is what you need to know or do.		D.C. condos show healthiest rebound
Washington Business Journal: Prices and closings for condominiums and cooperatives are showing the strongest market trends among housing in the area.

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Headlines compiled by Strategic Research.

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