Today’s Real Estate News 5-17-2011

17 May

Have you seen an increase in buyers shopping for “green built” homes or energy efficient features? Email me your thoughts or post a comment on my blog or on Facebook

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

Foreclosures Weigh on Homebuilders’ Outlook
The Wall Street Journal | May 17, 2011
U.S. homebuilders’ confidence remained stuck at a low level in May as the battered housing market lingered in the doldrums.

In These Troubled Times, More Americans Come Current on Mortgages
HousingWire | May 16, 2011
Even in an environment of declining home values, the number of Americans making good on their mortgage continues to grow.

Cash-Strapped States Want Towns to Merge
Bloomberg | May 17, 2011
U.S. politicians facing budget deficits are gunning for hamlets such as Green Hills, a square- mile Pennsylvania borough with 29 residents that exists to allow alcohol at a golf course. 

Target: Customers on the Go
The Wall Street Journal | May16, 2011
With smartphone use soaring, many small companies are turning to quick-response codes – high-tech bar codes that customers can scan with their phones – to connect with customers on the go.

From the National Association of Realtors®:

Political Survival Initiative Passes
At a meeting of NAR’s Board of Directors Saturday, a proposal to fund rising political expenditures through a dues increase was approved.

Secondary Markets Give Commercial a Boost
As high demand for commercial properties along the coast sends prices higher, more investors are eyeing secondary markets like Minneapolis, Dallas, and Denver to cash in.

Foreclosures Fall Again, Reaching 3-Year Lows
The number of foreclosure filings plunged 34 percent in April compared to a year ago, RealtyTrac reports.

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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