Home > Uncategorized > Real estate round-up: September 21

Real estate round-up: September 21

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:

Time to refinance … again?
Washington Post

For starters, figure out what your monthly payment would be at the new rate. Compare it with what you're paying now and decide whether the savings � if any � will offset the cost of refinancing the loan.

Points and low interest rates: A primer
DC Urban Turf

Conventional wisdom is that it takes somewhere in the 5 to 7 year range to recoup the point that you would pay upfront on a loan, which is good for buyers to keep in mind when they are envisioning how long they will live in the property they are purchasing.

Charting the market: Prices lift in Northern Virginia
Washington Times

Median sales prices in Alexandria, Arlington and the District are back up to where they were in 2005 – the year sales started to decline.

National real estate news stories:

The Academy Award for best real estate video goes to…
Inman News

A real estate agent in Los Angeles produced a “movie short” about a Hollywood Hills listing, marketing it as a sizzling Hollywood Hills bachelor's home and reeled in (pardon the pun) a buyer in less than 30 days.�

Is it possible to build a house for $1,000?
Wall Street Journal

The prototype house boasts a modular layout with hollow brick walls with steel bars for reinforcement and wooden box beams. It is designed to withstand a magnitude 8.0 earthquake.

The buddy system, or the buyer's broker
The New York Times

So why should a buyer bother using an agent? In a nutshell: to protect his or her interests in an expensive, often complex purchase.


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