Today’s Real Estate News 5-2-2011

02 May

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

The Destruction of Economic Facts
BusinessWeek | April 29, 2011
Renowned Peruvian economist Hernando de Soto argues that the financial crisis wasn’t just about finance – it was about a staggering lack of knowledge.

Employers in U.S. Probably Added Jobs for Seventh Straight Month in April
Bloomberg | May 1, 2011
Employment probably increased for a seventh straight month in April, while manufacturing stayed at the forefront of the expansion, economists said before reports this week.

Fannie Mae’s Delinquencies Continue Year-Long Decline
DSNews | April 29, 2011
Fannie Mae has released new details on its book of business, which shows the share of mortgages it owns or guarantees that’s past due by three months or longer has been on a steady decline for a year now.

Banks Adding Treasuries Signal Lower Confidence in Recovery
Bloomberg | May 2, 2011
U.S. banks are buying Treasuries at the fastest pace in nine months as lenders retreat to the safety of government debt with the economy expanding slower than forecast and loan demand dormant.

From the National Association of Realtors®:

Bailing on Mortgage Not a Good Idea
Walking away from a mortgage can affect a home owner in more ways than they may have considered.

Where Property Taxes Are the Highest
Want to avoid high property taxes? Avoid Long Island and northern New Jersey.

Real Estate Pros Turn to Mobile Apps
To keep up with the expectations of younger buyers, more real estate practitioners and companies are exploring mobile technologies.

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!


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