Morning Real Estate Review.

Home Seizures May Spike As Settlement Allows Banks to Resume Foreclosures (Bloomberg) Short-term pain may be needed to return housing market to recovery, say analysts.

Old Post Office Conversion May Be the First of Many for Surplus Gov't Properties. (Washington Business Journal) Government has a backlog of more than 14,000 unused properties to dispose of.

Housing Market May Not Be At Bottom In Some Markets. (CNBC) While may are predicting (hoping) that housing has bottomed out, some say markets like New York may still have further to fall.