Today’s Real Estate News 8-19-2011

19 Aug

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

How Stable is the Banking Industry?
The Washington Post | August 19, 2011
The sector is in better shape than it was in the bailout days of 2008, but that is cold comfort to shareholders.

Analysts: CRE Nears Bottom, Making Market Ripe for Investors
HousingWire | August 18, 2011
Commercial real estate is bottoming out, giving investors a chance to nab properties from over-leveraged owners, according to analysts at the real estate investment subsidiary of The Bank of New York Mellon., Yahoo Real Estate Trading Places in Web Rankings
Inman News | August 18, 2011 — the official listing portal of the National Association of Realtors — has been battling with Yahoo Real Estate for the top position in monthly real estate website rankings by Web metrics firm Experian Hitwise, trading places seven times in the last year.

S&P: Mortgage Default Rate Drops Below 2% in July
HousingWire | August 18, 2011
The default rate on first mortgages dropped to 1.93% in July, according to Standard & Poor’s.

From the National Association of Realtors®:

REALTOR(R) Wins MasterChef Competition
Real estate pro Jennifer Behm took top honors this week in the Fox network’s MasterChef television series, in which contestants compete to create the tastiest meals.

‘Pop Ups’ Help Fight Blight From Vacant Storefronts
Cities are using “pop-up” stores and exhibits to fill empty storefronts in helping downtowns hurt by the economy attract more customers and fight vacant eyesores.

Home Owner Sues for Being Denied Loan Mod
Could this be a sign of more things to come? A home owner is suing two lenders after she says she was denied a loan modification because she made too much money.

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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