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Surprise Fall in Interest Rates This Week–Real Estate is Good

We wanted to post as soon as we heard…From today’s White House Bulletin: 15-Year Mortgage Rate Hits Record Low.  Freddie Mac reports this morning that the average rate on a 15-year fixed mortgage fell to 3.54 percent this week from 3.66 percent last week, the lowest level since tracking began in 1991.  The average rate on […]

The Cribline House Pick of the Week: July 31, 2011

Hello Cribline readers. This week, The Cribline focused on the DC Neighborhood of Petworth.  We must say, for those who are looking for a great neighborhood and great deals, this area is well worth a look. On today’s tour we met a realtor at The 907 Webster Condominiums who turned us onto this great video […]

WSJ Blog: DC Housing Market Exception No More?

This is the second article in the past 2 weeks sent to The Cribline raising the question about the strength of the real estate market. We commented last week on a WSJ editorial about homes being a “lousy” investment (The Cribline’s first blog, The Cribline’s second blog an UPDATE on the first blog). This week, we […]

UPDATE ON “A Home is a Lousy Investment:”

There are a couple new points, based on feedback from The Cribline readers, that we wanted to share on the post Poking Holes in WSJ Editorial “A Home Is a Lousy Investment” that add to our earlier arguments. From 1980 and 1981 the U.S. had two of the highest periods of interest rates. At some […]

House Pick of the Week: July 17, 2011

Greetings Cribline readers! The Cribline took a little Summer break the last 2 weekends, and we’re back in business for this week’s House Pick of the Week. Given there were no posts the past 2 weekends, this week, we’ve decided on two picks: One on the high end on Capitol Hill (although, this week’s search […]