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News & Features
Major Banks Backed Subprime Lenders
Many of the banks receiving billions of dollars in federal aid owned or bankrolled subprime lenders that directly contributed to the unraveling of the global economy, report finds.
Where We Live
A People-Magnet of a Park
Capitol Hill residents talk about how easy it is to walk to restaurants, Metro and Eastern Market, but for many who live within a few blocks of Lincoln Park, the Hill's largest green space, those seven acres are first on the list of advantages.
From Nod and Wave to Know and Share
Not long ago, a neighbor of ours died. Only then did we discover that he and my husband shared a passion for studying the Civil War.
Home & Garden
House Calls
Daphne Pee of Silver Spring needs a design solution to a difficult guest room that has a chimney running through it. Designer Heather Safferstone offers advice.
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Blog: Local Address
Realty Exec Wants More Housing Incentives
May 08, 2009
Another round of real estate incentives? The Century 21 real estate company is asking Congress for more help boosting the real estate market. Tom Kunz, Century 21's president and chief executive, stopped by The Post Thursday morning. He and some of the company's franchisees had just made the rounds on Capitol Hill, asking lawmakers to boost the current, and temporary, $8,000 first-time-buyer tax credit to $15,000 -- and to make it available to anyone buying their principal home.He also thinks government should push 30-year fixed mortgage rates down to 4-4.5 percent for about a year. The $8,000 credit has been great for first-timers, Kunz said, but the market needs more. "Some first-time buyers are taking the foreclosed properties. What we wanted was to open up these markets above it" -- the higher-priced move-up homes -- "and get that same kind of effect going forward," he said. Kunz said the large
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Real Estate Live
1 to 2 p.m. ET Post Real Estate Editor Maryann Haggerty and blogger Elizabeth Razzi answer your questions about the local housing market.
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