An intriguing new survey by the Massachusetts Association of Community Development Corporations finds that nearly one-quarter of homeowners facing foreclosure who sought counseling were able to obtain a loan modification from their mortgage lender. Drawing from 1,143 people who have sought assistance from non-profit agencies providing housing counseling, the survey also contains information about the […]
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Loading ...Hey I remember that doey eyed look. That’s the look of a young first time homebuyer. I used to have that look.
Meltdown, schmeltdown people are still buying in the hood if today’s encounter with a young woman and her Realtor was anything to gauge anything by. The pair were walking up and down the block pointing at houses, I assume, after they looked at the one house on my side of the street that
(No Ratings Yet) Loading ...I swear there are certain promises and proposals that get hoisted up the flagpole that supposedly wave you through, “affordable housing”, “senior housing”, youth something or other. I gather you propose these things and certain rules no longer apply to you and thus you get away with all sorts of foolishness. Yesterday I wandered by a site that, according to the historic papers I had been going
(No Ratings Yet) Loading ...Housing that is? I can read the Post about regional and national trends but what’s happening on your block? Mine? A few houses up for sale, a few more houses getting rehabbed and there is the confusing tale of one foreclosure that I can’t tell who all the players are without a detailed playbill. One of the houses getting rehabbed was a foreclosure, but that was a case of an investor who spent too
(No Ratings Yet) Loading ...DCRA has their website, ThisShouldBeIllegal.Com mainly aimed at college kids to get them to rat out their landlords. Well it has proven helpful to me, answering something I wondered about. I’ve always had roommate, ranging from my sister in my parents home, to dormmates in college, group housemates in grad school, to regular run of the mill roommates. So when I bought the house I didn’t figure on
(No Ratings Yet) Loading ...There is some disagreement between me and my source, but I think I know of the “Derrick” in the article appearing in Sunday’s Post article “After A Few Months in DC, It’s Not Just The Rental Options That Stink.” The author moves in a group house on 1st St NW, and though he says it’s near U Street, the “Derrick” he meets sounds too much like a Truxton Circle “Derrick” who haunts 1st St. This
(No Ratings Yet) Loading ...The map to the right shows the overwhelming majority of subprime loans and foreclosures in New York City have been in minority neighborhoods. (Created by NEDAP via NY Times) The map tells an often-overlooked fact: the subprime crisis has hit minority neighborhoods harder than white ones.
The banking industry sometimes claims the differences in lending between […]
(No Ratings Yet) Loading ...Seven years ago, when I started looking for a place to buy, the RE market was starting its roller coaster ride up to crazy. In the “better” neighborhoods houses didn’t stay on the market very long and there were bidding wars. I was looking for fee-simple places under $125K, which was hard but not impossible. The third house I looked at, was way less than $125K and on a street I liked, so I bought
(No Ratings Yet) Loading ...I have the 1968-1974 (the dates I’m unsure of) brochure of “A Plan for Bates Street” in PDF form. It’s a big file and because it is so large, I’m not posting here. However, I will mail it to folks who ask (offer expires in 30 days). Basically, like the title says, it was the government’s plan for the two blocks of Bates, to improve the housing.
Houses on Bates Street (well the houses on Bates
(No Ratings Yet) Loading ...The weekly newsletter circulated by my representative on the D.C. Council, Jack Evans, contains this personal plea for community members to attend an upcoming zoning hearing regarding a mixed-use redevelopment of the O Street Market:
O Street Market needs support from residents
The DC Zoning Commission will hold a Public Hearing on the O Street Market project […]
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