Thursday, August 25, 2011

Morning Real Estate Review


Obama explores renting foreclosed homes (Fortune) With a glut of foreclosed homes sitting on the books of Fannie and Freddie, the government is pondering a move to rent out the homes rather than try and sell them.

Sales of newly built homes up over last year (US Census) Sales slipped from June, as typical for the season, but were up over last year's numbers.

Herb Miller to guide St. Elizabeths development
(WBJ) Developer behind Georgetown Park, Washington Harbor and Gallery Place to head pro bono panel.

Economists downgrade commercial real estate outlook
(Costar) Numerous economists revise expectations for 2011.

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