Thursday, September 20, 2012

Morning Real Estate Fix


Columiba Pike's Streetcars and walkable neighborhoods (Transportation Nation)  Arlington's upcoming streetcar project will serve what is now the busiest bus route in Virginia, and will help deliver a more urbanized, and livable, setting.

Housing starts rise in August (NAHB) Housing starts in August were up 2.3%, fueled by gains in the single family sector.  Every section of the quadrant registered gains.

Congressman Jackson puts DC home on the market (Chicago Tribune) Jesse Jackson, who took a leave of absence after battling bipolar disorder, is putting his $1.2m home on the market.

Mortgage rates drop to new survey lows (Mortgage Bankers Association)  In bad news for bankers, the average mortgage rate dropped back to 3.5%, its lowest rate ever recorded, as mortgage applications also dropped slightly.

ANC opposes landmarking Western Bus Garage (Greater Greater Washington) The sprawling bus garage in Friendship Heights faces a tenacious group of anti-development forces despite its location adjacent to the Metro Station, a fact that will be addressed at its upcoming hearing in front of HPRB next week.

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