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Today's Real Estate News - Wednesday, March 10

Ten cities managing to weather the recession

Jobs in Washington D.C. are growing quickly, and in 2008 the city produced more in goods and services than almost anywhere in the country.

Washington DC - Weather - Recession - United States - Washington

NYT: Plan to pay homeowners to sell at loss

NYT: The Obama administration has been trying to keep defaulting owners in their homes. Now it will take a new approach: paying some of them to leave.

Presidency of Barack Obama - New York Times - President - United States - Barack Obama

Pending home sales tumble amid winter woes

The number of buyers who agreed to purchase a home fell sharply in January, a sign that demand for housing is sinking this winter as stormy weather slammed Eastern states.


Business - Construction and Maintenance - Residential Housing - Real estate - Thomson Reuters

Mortgage rates fall below the 5 percent mark

Mortgages rates have dipped below 5 percent again, four weeks before a government program that is helping keep rates low is scheduled to run out.

Forbes: Where you can get ahead quickly

Professional success often requires some degree of sacrifice. Surprisingly, one of those sacrifices might include moving to the outskirts of some big cities.

Forbes - Business - United States - Business and Economy - Business Services

Government extends refinance program a year

The government is giving homeowners another year to refinance their loans under a little-used program designed to help borrowers whose homes have plummeted in value.


Loan - Refinancing - Government - Mortgage - United States

Construction spending falls to 2003 levels

Construction spending fell for a third straight month, pulled down by a slump in private nonresidential spending and weak public construction, a government report showed.


Public school - Business - Construction and Maintenance - Consulting - Economic