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Real Estate News 8-7-2012

07 Aug

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Today’s news that may be of interest to you:

Housing Market Shows Improvement Across All Regions
The Hill | August 6, 2012
Dozens of the nation’s largest housing markets continue to show improvement, according to an index released on Monday.

Housing Recovery Could Lift Jobs, Spending
CNN Money | August
After years of depressed activity, home prices and new construction have started to pick up in recent months as foreclosures have slowed, suggesting the housing market may have finally bounced off the bottom.

Is This the End of the Housing Bust? Not So Fast, Says Shiller
The Wall Street Journal | August 6, 2012
Housing expert Robert Shiller isn’t convinced we’ve crossed into safe territory just yet. Here’s why.

23 Federal Laws that Apply to Real Estate Sales
Realtor Mag | August 2012
Residential real estate has become more complex over the years as a result of laws enacted to protect consumers’ welfare.

Hispanics Make Up Majority of New Owner Households
HousingWire | August 5, 2012
In spite of high unemployment, economic uncertainty and tighter credit conditions, homeownership among Hispanics continues to act as a stimulant to the country’s anemic household formation rate.

Chase Offers No Doc Refis, Principal Reduction
HousingWire | August 5, 2012
JPMorgan Chase went from fast-tracking foreclosures to rubber stamping and pre-approving some borrowers for refinances and even principal reduction.

Court of Appeals Upholds Dismissal in MERS Case
DSNews | August 5, 2012
MERSCORP Holdings, Inc., announced that a three-judge panel of the United States Court of Appeals for the Ninth Circuit affirmed the dismissal of a complaint against Mortgage Electronic Registration Systems, Inc., (MERS) and two other defendants.

Banks Ease Lending Terms to Meet Mortgage Demand
TheMReport | August 6, 2012
Commercial banks eased standards for residential mortgage loans to meet a sharp increase in demand in the second quarter, the Federal Reserve reported Monday in its quarterly survey of bank lending standards.

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Posted by on August 7, 2012 in Real Estate news

 

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