Tuesday, February 21, 2012

Morning Real Estate Review

Senate bill would require short sale response within 75 days (Housingwire) The bill would levy fines for mortgage lenders that drag their feet on responding to offers, a common problem in short sales.

Foreclosures: How to tell what's really going on in the foreclosure market (Wall Street Journal) With different numbers and predictions being issued simultaneously, the confusion is over the point in time that is being analyzed.

Multi-family construction in DC, New York not like the overbuilding surge of last decade (Globe St.) Those panicked by overbuilding are looking carefully about what's happening in the supply of housing.



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