Greater DC Real Estate News

It seems like our FTHB's are fairly savvy when it comes to the use of the $8000 they receive from Uncle Sam. The mindset of spend/spend/spend might just have taken a backseat (hopefully this mindset is gone) to using assets in a more responsible way. We all know spending is what makes our world g...

News out today shows home prices continue to be weak. Although some markets showed slight improvement other markets hit new lows. Forecast is for more foreclosures/short sales continuing to drive down home prices. The bottom....sure. Fortunately, the Denver market continues to show slight improve...

 FHA Funding for Condos. The FHA now has 2 lists for condo approvals; 1-Those that have been approved prior to December 7th 2009 with the "old rules" and 2-Those that are considered approved because they were either approved after December 7th 2009 and/or were approved with the "new rules" alread...

Looks like things will continue to be tough this year but Denver is a bright spot and had alot of accolades last year. Good forecast article with some great positives about Denver. Metro Denver EDC releases 2010 economic forecast The Metro Denver Economic Development Corporation (Metro Denver EDC...

Fannie Mae has just recently reduced the original timeline for lenders and servicers following foreclosure notification from 15 days to 0 days. The 15 day rule was so the "best offer" could be procured but with the excess inventory of REO' s on it's books-Fannie Mae is getting aggressive. Althoug...

Good video on the argument concerning writing down the principal for loan modification in lieu of foreclosure. http://www.mortgagenewsdaily.com/channels/video/127343.aspx

Poor pending home sales (down 16%) and continuing foreclosure rates are causing renewed concern for the housing market in general. Check out the video. http://www.mortgagenewsdaily.com/channels/video/127595.aspx