State Housing Market Surges While Affordability Declines
Washington’s real estate market set records for the number of houses sold and median price in the first quarter of the year, according to Washington State University.
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Building contractors ask govt. to pay up The construction industry says state institutions owe them about Rs. 700 mn in outstanding dues over the past year, eroding sector growth.read more...
Houses for sale stand vacant Steve and Debbie Lombel put their four-bedroom Colonial in Odenton on the market in May, figuring it could take maybe four months to sell a house in the mid-$800,000 range.Commentread
Young homebuyers banking on options (Reg Req'd) First-time homebuyers Geri Charles and Eric Pinto expect to turn a tidy profit in a few years on the Junius Heights bungalow they bought with a zero-down mortgage.read more...
Mortgage rates slide for ninth time in ten weeks Mortgage rates fell for the ninth time in 10 weeks, according to a survey released Thursday.Commentread more...
Mortgage applications increase last week (Reuters via Yahoo! News) Applications for U.S. home mortgages increased last week amid a rise in purchasing and refinancing activity as mortgage rates eased, an industry group said on Wednesday.via
Will Mortgage Market Mess Crimp Homeowner's Teardown Project? Columnist Nancy Keates is in the midst of a plan to knock down her house and build anew. She's already spent thousands of dollars on the project, and worries that