Buyers & Sellers Articles Blog Real estate round-up: November 30
| 30 November 2011
Check in every business day for the latest edition of Real Estate Round-up, where we post a list of our favorite real estate news stories from DC and beyond.Headlines from the DC Metro Area:Home prices rise in DC The latest Case-Shiller index reported that home prices in the DC area increased on both a monthly (+1.2%) and annual (+1.0%) basis. A penthouse with solar power in Logan Circle In this week's look into the Zillow listings we found a high-end condo that touts its access to solar power. That's nice and all, but what we liked the most was the unusually-shaped bookcase that makes an alcove into a functioning room. New FHA loan limits could spur home sales In effect, this may make the FHA the go-to financing option for borrowers needing loans up to $729,750 — with down payments as low as 3.5 percent — in high-cost areas of California, the Washington region, New York and New Jersey, and in scattered counties in other states. |
National real estate news stories: 4 ways to pay off your mortgage earlier Hidden cost of home ownership The financial cost is more than the purchase price. You have to include property taxes, insurance, and a whole host of other costs that aren’t reflected in the listing. What happens to a real estate contract if the buyer dies before closing Not all home sellers, though, are willing to cancel a sale–even in the wake of a buyer’s death. Some sellers may hang onto deposits or try to force the deceased buyer’s estate to go through with the purchase. |
