Wednesday, November 21, 2012

Morning Real Estate Fix


Jumbo mortgage market making big gains (Daily Mortgage Reports)  Any way you look at it, home sales above $500k are showing strong gains, despite talks of limiting the interest deduction.

The urbanist case for DC's height restrictions (Atlantic Cities)  Sentimental (and some economic) reasons for keeping DC looking more like Paris than Vancouver.

Tight lending is choking nascent housing recovery (CNBC)  Modestly good numbers continue to be the narrative of the national housing market, but qualified buyers without cash continue to be shut out by banks.

Housing starts up 3.6% in October (National Association of Home Builders) The Commerce Department reports the highest level of new home construction since July of 2008.

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