Homeownership Hits Lowest Mark in a Decade
Homeownership Hits Lowest Mark in a Decade
Feb. 8, 2010 — DSNews
With foreclosures still rising and potential homebuyers still reluctant to get into the market, homeownership in the United States hit a 10-year low during the fourthquarter of 2009. According to data released by the Census Bureau last week, the homeownership rate fell to 67.2 percent at the end of last year.
No Exit in Sight for U.S. As Fannie, Freddie Flail
Feb. 9, 2010 — The Wall Street Journal
MCLEAN, Va.—When Charles E. Haldeman Jr. became Freddie Mac's chief executive officer in August, the ailing housing-finance giant had already consumed $51 billion of government money to stay afloat. It's likely to need even more.
CoStar makes D.C. move official, buys 1331 L St. NW
Feb. 5, 2010 — Washington Business Journal
CoStar Group Inc. purchased the Mortgage Bankers Association headquarters at 1331 L St. NW on Friday, cementing the real estate company’s move to D.C. from Bethesda and completing one of D.C. Mayor Adrian Fenty’s first attempts to lure a major company to the city.
Foreclosures still on rise, but more help available
Feb. 8, 2010 — The Beacon-News
Foreclosures are still hitting communities hard, but now it's not because lenders are unresponsive or uncooperative.
Atlanta Anti-Foreclosure Program Slow... and Tricky
Feb. 8, 2010 — pbaonline
ATLANTA, GA (WABE) - A recent audit by the U.S. Solicitor General says that Atlanta is dragging its feet in spending money to fight foreclosures. The December report says the city has expended only a small fraction of what it was awarded to buy, fix and resell homes. City officials say things got off to a bumpy start, but insist they'll be able to complete the project on time.