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The latest news and analysis of the real estate market with stories on maintaining a house along with a locator map to find pricing on the perfect place to live.

 

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FILE - This Jan. 23, 2013 file photo shows a real estate sign in front of  a home in Downey, Calif. California home sales declined in July 2014 compared to the same time the previous year as buyers struggled to find something they could afford in the tight market, a research firm said Thursday, Aug. 14, 2014. (AP Photo/Jae C. Hong, File)

US existing home sales fall in August

- Associated Press

Fewer Americans bought homes in August, as investors retreated from real estate and first-time buyers remained scarce.

Volatile apartment sector reduces US home building

- Associated Press

U.S. home construction plunged in August, led by steep decline in the volatile apartment category. But single-family house construction, a larger and more stable portion of the market, fell only modestly.

In this Thursday, Sept. 11, 2014 photo, Myles Griffin, 74, poses for a photograph in front of his home in Philadelphia. Griffin has lived with his wife for 40 years in their three-bedroom row home and after retiring three years ago, the couple signed up for a reverse mortgage in May. (AP Photo/Matt Rourke)

Once-troubled reverse mortgages poised for rebound

- Associated Press

Advertised as a path to an affordable retirement, federally insured reverse mortgages are showing signs of a rebound, drawing the scrutiny of regulators seeking to reduce historically high default rates that have cost the government billions.

FILE - This Aug. 9, 2011 file photo shows a Wall Street street sign near the New York Stock Exchange, in New York. U.S. stocks rose Thursday, Sept. 4, 2014, after the European Central Bank surprised traders by trimming its main interest rate to a record low, and announcing that it would purchase asset-backed securities in an effort to stimulate the region's ailing economy.  (AP Photo/Mark Lennihan, File)

Banking and real estate industries back in public's good graces

- The Washington Times

Americans have a positive image of banking industry for the first time since 2007 and a positive view of the real estate industry for the first time since 2006, proving each sector is recovering from the doldrums of a financial recession precipitated in large part by a mortgage-linked housing bubble, according to a new survey.

Recent Stories in Home & Living

Luxury home: A cul-de-sac of 12 estates in McLean

While McLean receives recognition around the United States for being home to politicians, attorneys, lobbyists and broadcasters, many area residents know this Northern Virginia community for its amenities.