Real estate news update: 6-21

Written by Federal Title | 21 June 2010

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

Downtown DC development holdout sees fortune vanish
Washington Post: At a time when mountains of cash were being made in real estate, Spriggs's resistance became the talk of Washington and beyond.
Builder KB Homes taps into Justin Beiber fever
Wall Street Journal: KB Home, the nation’s largest builder, is dangling the chance to see YouTube/Twitter phenom Justin Bieber in concert
America's best cities for young professionals
Forbes: Faced with 9.5% national unemployment, even the most ambitious young people are thinking carefully about how to find their best shot at success.
Mortgage rates tick up but are still cheap
USA Today: Concern over the European debt crisis and the volatile stock market have made U.S. Treasury debt more attractive.
Should the government encourage home ownership?
The Atlantic: Most people take the benefits of home ownership for granted. But does that mean the government should take aggressive measures to support it?		Fed orders improvements at Virginia bank
Reuters: Hampton Roads Bankshares Inc must submit plans for improved board oversight of operations to improve credit risk management, capital, liquidity and earnings.

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Headlines compiled by Strategic Research.

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