Friday, November 11, 2011

Morning Real Estate Review

Housing prices nationwide could fall further (Washington Post) With loan limits going down and foreclosures set to rise once foreclosure litigation subsides, many markets nationally could see another small decline in the value of homes.

Archstone NoMa Starts To Spill Details (Curbed) The 469-unit apartment building going up at 1st and M Streets in Northeast is now officially called "Archstone First + M" and is expected to deliver in July 2012.

Office of Planning: Adams Morgan Hotel is Too Tall! (Washington City Paper) The Office of Planning has issued its preliminary opinion on the application that's been submitted to the Zoning Commission, and the developers won't be pleased.

Wells Fargo sets up REIT finance group (Washington Business Journal) Wells Fargo & Co. has established a group to provide financial services to publicly traded real estate investment trusts involved in commercial properties.


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