Home > Uncategorized > Real estate round-up: October 5

Real estate round-up: October 5

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:

Million dollar house is a good deal in Potomac, MD
Curbed DC

Rarely does a price this high turn out to be a good deal, but in this situation it is. The house has five bedrooms, five baths, a heated outdoor pool, and sits on 1.3 acres of land. The listing description does say 'priced to sell' and in this case they actually mean it.

Learn the rules of Fannie Mae before buying from the agency
Washington Post

Looking to buy a home from Fannie Mae? You'd better hurry. According to its most recent SEC filing, only 135,719 single-family properties were in Fannie Mae's inventory at the end of June. Fannie Mae, which ended up with hundreds of thousands of homes as residents struggled to keep up with their mortgages in recent years, is looking to sell them with incentives for buyers.

National real estate news stories:

The right way to shop for a mortgage
HSH.com

With mortgage rates at all-time lows, U.S. homeowners are refinancing in droves. If you're among them, you already know that it's important to comparison shop; you shouldn't just work with the first lender you meet. But do you know how to comparison shop, whether it's for a conventional loan, FHA mortgage or otherwise?

5 housing trends in fall 2011
Bankrate.com

If you want to buy a home and you qualify for a mortgage, this is your time. With mortgage rates at historically low levels, falling home prices and plenty of distressed properties for sale, buyers will be able to find once-in-a-lifetime opportunities this fall.

Big banks stand to lose millions if FHA seeks indemnification
Housing Wire

FBR Capital said such a scenario would be the equivalent of another shoe dropping on the housing economy, but for now it's a headline risk as opposed to an immediate capital concern.

http://twlv.net/ne9j7e

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