Today’s Real Estate News 8-22-2011

22 Aug

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

HUD Extends Higher Conforming Loan Limit for Reverse Mortgages
HousingWire | August 19, 2011
The Federal Housing Administration conforming loan limit on forward mortgages is set to drop in October but not so for reverse mortgages.

Delinquencies on Commercial Real Estate Loans Fall Again in July
HousingWire | August 19, 2011
Delinquencies for securities backed by commercial real estate loans fell in July for the third consecutive month, according to Fitch Ratings.

Looking Ahead to Economic Reports This Week
The New York Times | August 22, 2011
Data this week will include new-home sales for July, durable goods for July and weekly jobless claims (Thursday).

From the National Association of Realtors®:

Housing Affordability at Highest in 20 Years
“Home ownership is within reach of more households than it has been for more than two decades,” says the National Association of Home Builders’ chairman. Find out which areas are the most and least affordable.

Mortgage Rates Reach All-Time Lows Again
Mortgage rates continue to free fall, reaching record lows yet again this week and pushing home affordability even higher.

Buyers to Sellers: Just How Low Will You Go?
“Unless we get a steal, we’re not going to buy any house,” says one buyer, which seems to reflect a growing sentiment among home shoppers today.

5 iPhone Apps to Help Manage Documents
Inman News recently featured the top iPhone apps for helping you better manage your real estate documents while on-the-go.


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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