Today’s Real Estate News 3-17-2011

17 Mar

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

The Federal Reserve System’s Outlook Live webinar on Loan Originator Compensation will take place, Thursday, March 17, 2011 @ 11:00 AM Pacific time (2:00 PM Eastern).
This webinar is conducted entirely online. You will NOT receive a dial-in number for this event. Simply click on the event URL– -up to 15 minutes before the webcast begins to join this streaming audio and slide presentation. (Thanks to Bryan B. for letting us know about this today!)

Tax Plan Aims for 25% Cap
The Wall Street Journal | March 17, 2011
The chairman of the House Ways and Means Committee wants to cut the top U.S. tax rate to 25% for individuals and corporations, and cut or eliminate many popular deductions.

Regulators Look to Exclude GSEs From Mortgage Risk-Retention Rule
HousingWire | March 16, 2011
Fannie Mae and Freddie Mac should be exempt from upcoming risk-retention rules while in conservatorship, a source familiar with the matter said Wednesday.

House Votes to Rescind $1B in Neighborhood Stabilization Grants
DSNews | March 16, 2011
The U.S. House of Representatives voted Wednesday to pull the plug on HUD’s Neighborhood Stabilization Program (NSP) and rescind $1 billion in grant money.

US Mortgage Applications Fell Last Week on Fewer Purchases
Bloomberg | March 16, 2011
Mortgage applications in the U.S. fell last week as a decline in borrowing costs failed to spur home buying.

Level of U.S. Home Construction Drops Sharply
The Wall Street Journal | March 17, 2011
Builders broke ground on fewer homes in February than a month earlier, and the trend is not likely to improve anytime soon, according to federal data released Wednesday.

From the National Association of Realtors®:

Disaster in Japan: How to Help
NAR urges members to donate to disaster-relief services, recommending four highly-rated funds.

Weighing an Offer: 3 Seller Tips
Lowball offers from buyers are common in the current real estate market climate. So how can sellers decide when to accept an offer and when to decline? Here are some questions to consider.

Midwest MLS Offers Service to Speed Up Short Sales
Midwest Real Estate Data will offer a new service designed to shorten the time brokers and real estate agents have to wait for approval from Fannie Mae on short sale transactions.

Anthony Carollo 2007 EMAIL  

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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!


2 responses to “Today’s Real Estate News 3-17-2011

  1. jaredwinn

    March 17, 2011 at 9:41 am

    Great site! I’d like to feature your site on my Blog profiles page. Let me know if you’d be interested.

    Jared Winn
    JCWinn Local-Internet Directory


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