Today’s Real Estate News 1-26-2011

26 Jan

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

State of the Union 2011: ‘Win the Future,’ Obama Says
The Washington Post | January 26, 2011
President Obama sought to rouse the nation from complacency in his State of the Union address Tuesday, urging innovation and budget reforms that he said are vital to keep the United States a leader in an increasingly competitive world.

  • A Call to Overhaul Corporate Taxes
    The Wall Street Journal | January 26, 2011Moody’s Says Keeping Fannie, Freddie Intact is Lose-Lose
    HousingWire | January 25, 2011
    Moody’s Investors Service is throwing its hat into the ring, arguing that the current model is not only unsustainable, but against government vision.

    Sales of New Homes in U.S. Likely Rose for Second Month
    Bloomberg | January 26, 2011
    Purchases of new houses in the U.S. probably rose in December for a second month as the industry struggled to stabilize near record lows, economists said before a report today.

    S&P Case-Shiller Index Points to Double-Dip in Home Prices
    DSNews | January 25, 2011
    The latest Case-Shiller figures released by Standard & Poor’s (S&P) Tuesday signal home prices across the United States continue to weaken.

    Panel Blames All for Meltdown
    The Wall Street Journal | January 26, 2011
    The 2008 financial crisis was “avoidable” and brought on by the actions of government officials and private-sector players, according to a blue-ribbon panel’s draft report that spreads blame broadly for the meltdown. 

    Housing Analysts Expect Home Price Declines Through 2011
    HousingWire | January 25, 2011
    Data firm Radar Logic and consultant Capital Economics said Tuesday that they expect home prices to decline further this year.

    Outside D.C., a Grim Housing Market
    The Washington Post | January 26, 2011
    While home prices continue to tumble in many major metropolitan areas, the Washington region is one of the few bright spots where prices are rising, according to two reports released Tuesday.

    Bernanke Gets 66% Approval From Investors Disapproving of QE2
    Bloomberg | January 26, 2011
    Investors love Federal Reserve Chairman Ben S. Bernanke. It’s just his policies they don’t like so much.

    From the National Association of Realtors®:

    Buyers Get Picky When Home Shopping

    Buyers nowadays want perfection in homes and they’re not willing to settle, say real estate professionals. 
    (Anthony’s Note: Is this news?  It seems to me buyers have always been really choosy.  Has it gotten worse lately?  Let me know what your experience has been on my blog.)

    Low-Tax States Lure New Residents
    The change in taxes from state to state can be drastic. And as some states hike their taxes, more home owners ponder tax-motivated moves.

    Neugebauer: Foreclosure Aid Hurting, Not Helping
    Housing panel chair Randy Neugebauer calls the government’s foreclosure-prevention efforts “Band-Aids” that are prolonging the recovery of the housing market.

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    Anthony V. Carollo / President
    Stewart Title of Spokane
    606 W. 3rd Ave.
    Spokane, WA  99201
    Telephone: 509.328.7171
    Direct Line: 509.321.3939
    Direct Fax: 866.652.8834

    Please remember to choose Stewart Title of Spokane on your next transaction!



    One response to “Today’s Real Estate News 1-26-2011

    1. Ken Sax

      January 27, 2011 at 11:44 am

      As for your “picky buyer” comment…check out my latest video…it speaks to this “Are You IN or OUT of the Market”


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