Wednesday, September 12, 2012

Morning Real Estate Fix


Washington D.C. one of nation's most diverse areas (Atlantic Cities)  On its way to being a "majority-minority" nation, the U.S. is one of the most diverse nations on earth, and the Washington D.C. region is the 4th most diverse area in the country.

Silver Spring transit center delayed again (Gazette) The $112m project is not ready to resume, and will now likely wait until warmer weather appears in the spring.  Work began in 2008, but engineering issues and faltering concrete lead to a stop in work.

Trader Joe's coming to U and 14th (Washington Post)  JBG putting the mid-sized grocer at its "Louis at 14th" project, scheduled to be open in 2014.

FHFA drafting white paper on Fannie / Freddie reform (HousingWire) In anticipation of Fannie and Freddie reducing their roles in mortgage securitization, the Housing Financing Agency is following Treasury's lead.


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