Tuesday, September 11, 2012

Morning Real Estate Fix

Demand for new homes picking up (Wall Street Journal) Both demand and prices are on the rise nationally, even leading many home developers to sell before the homes are finished.

Low-income project near H Street redone (Washington Post)  William C. Smith has teamed with Enterprise Community Partners to revitalize hundreds of affordable apartments east of the H Street neighborhood in northeast DC.

B.F. Saul III resigns as President of Saul Centers to start own real estate development firm (Washington Post)  Descendent of the man who started buying property in the 19th century leaves family position to begin his own venture.

Number of housing markets on the mend improves to 99 in September (NAHB)  The number, up from 80 metropolitan sites listed in August, regularly includes the DC metro region as on the list.

Opinions on housing improving slowly, very slowly (Fannie Mae) Consumer sentiment on housing continues to be "modestly positive," with overall economic uncertainty tempering any positive views on the real estate market.



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