| 28 June 2010
A daily dose of headlines for real estate agents, mortgage lenders and consumers.| Good schools, bad real estate Wall Street Journal: It's supposed to be a buyer's market. Yet, for parents determined to buy in areas associated with top schools, those bargains may be harder to come by. | No homebuyer tax credit surge expected from military Washington Examiner: Most of the military personnel moving their families into the area in the next 16 months will not qualify for the first-time homebuyer credit. |
| May sales drop no surprise Washington Times: Does this mean the rest of 2010 is doomed? Not doomed, for sure, but it will be a more sedate market than we've seen in recent months. | Elizabeth Warren: Why credit is still frozen Business Week: The congressional TARP watchdog says there's no evidence that the $700 billion bailout boosted lending to small business |
| Fed chair doesn't seem to care about high unemployment Slate: If Federal Reserve Chairman Ben Bernanke had a theme song, it would be Meat Loaf's 1978 classic "Two Out of Three Ain't Bad." | How much should developers pay for surplus buildings? Washington City Paper: When the District wants to offload real estate, there are lots of rules about how the city must prove that it indeed no longer needs the property. |
