Tuesday, January 03, 2012

Morning Real Estate Review


Fannie Mae reports $5.1 billion 3rd quarter loss (insurancenews.net) The loss, nearly twice last quarter's loss, results from pre-2009 loans and requires a request for $7.8 billion from the Treasury.

Alexandria Waterfront group plans rallies (Washington Post) Another group plans rallies around Alexandria to support the city's recent waterfront proposal.

DC area declines as a favorite spot for foreign investors (Globe St) DC's ranking at the top of the world real estate market for foreign investors has been slipping for 2 years based on doubts about federal spending.

Metro-centered apartments command high premium (Washington Post) Tired of the nation's worst congestion, Washington DC area residents show a strong favoritism for living near public transit.

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