Tuesday, October 25, 2011

Morning Real Estate Review


Obama's plan to rescue housing falls short (Washington Post) The President's pledge at the beginning of his term to rescue 9 million homeowners has come nowhere near its original goals, having reached only one-tenth of 1% of underwater homeowners.

DC to crack down on "land banking" (Washington Times) Following the Times' story about the northwest DC developer that has sat on a fallow parcel downtown for the past few decades, DC's politicians vow to stop it from happening again.

Bethesda parking woes about to get worse (Washington Business Journal) The construction on two corners of Woodmont and Bethesda avenues — the epicenter of one of Montgomery County's "downtowns" — will close two parking lots.

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