Real estate round-up: November 3

Headlines from the DC Metro Area:

4 million homeowners eligible for foreclosure review
Washington Post

On Tuesday, servicers began mailing letters to the estimated 4 million borrowers whose loans were in the process of foreclosure between Jan. 1, 2009, and Dec. 31, 2010, detailing how to request a review of an individual case.

Resale of the Week: 6-bedroom Craftsman house in Arlington
Washington Times

Arlington’s Lee Heights neighborhood offers some of the best aspects of suburban living, including quiet streets with cul-de-sacs to slow traffic and enable children to play safely.

Walter Street: The friendliest block on the Hill
DC Urban Turf

Physically, the street lends itself to interaction. The modestly sized row houses squeeze next to each other and the front porches line up. 

Sneak peak at the Foundry Lofts
JD Land

A first look inside the Foundry Lofts at the Yards, a 1918 industrial building on its way to becoming a 170-unit apartment building. First move-ins are expected at the end of November.

National real estate news stories:

What will the House decide on federal mortgage caps?
Wall Street Journal

Back in February, the Obama administration called for a decline in the maximum size of government-backed home loans as a way to start drawing back federal support for the nation’s mortgage market. They dropped on schedule on Oct. 1 but now a movement is afoot to revive the higher limits to support the ailing housing market.