As rates drop to between 5-5 1/2% I hope buyers have applied for their preapproval letter. Most hav'nt and dont realize that credit is tougher to get than it was a few years ago. Some buyers think just because they have steller credit they can get a loan. Read More...

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By Elizabeth Razzi Sunday, April 27, 2008; Page F05 With hope of gaining perspective on the Washington-area housing market, I recently asked two deans of the brokerage business, John McEnearney, 81, founder of McEnearney Associates, and P. Wesley Foster Read More...

By Kenneth R. Harney Saturday, April 19, 2008; Page F01 If you own or plan to buy a condominium, an ominous new phase of the mortgage-credit squeeze could be looming for you. As a result of underwriting changes by the giant mortgage investors Fannie Mae Read More...

By Alan Zibel ASSOCIATED PRESS 1:34 p.m. March 12, 2008 If your neighbors have lost their homes, you could pay the price when you try to sell or refinance – even if your credit is good. Neighbors matter when it comes to putting a price tag on homes. Appraisers Read More...

Dangerous Cracks Appearing in Job Market Saturday March 8, 9:30 am ET By Jeannine Aversa, AP Economics Writer Dangerous Cracks Hit Job Market As Employers Cut Positions, Thousands Drop Out of Labor Force WASHINGTON (AP) -- Dangerous cracks in the nation's Read More...

By Jeannine Aversa, AP Economics Writer Industry Group Says Home Foreclosures at Record High Last Quarter WASHINGTON (AP) -- Home foreclosures soared to an all-time high in the final quarter of last year, underscoring the suffering of distressed homeowners Read More...