Today’s Real Estate News 8-30-2011

30 Aug

In the article Social Networking Reaches New Milestone states there has been an increase in the use of social networking sites. A survey reported 43 percent of the people intereviewed check social networking sites daily, while six years ago only 5 percent of adults used social networking sites. Have you seen an increase in your use of social networking sites? In what way do you use social media? To keep in touch with past clients or to meet new clients? Let me know by posting your thoughts on Stewart Title’s Facebook page or my Blog

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

FDIC: Mortgage Delinquency Rate Drops to Lowest Level Since 2009
HousingWire | August 29, 2011
The combined delinquency rate on mortgages held by major banks dropped to 6.68% in the second quarter, the lowest level since the third quarter of 2009, according to Federal Deposit Insurance Corp. data.

Bernanke Speech Weighs on Dollar in Thin Trading
BusinessWeek | August 29, 2011
The dollar was falling against the euro in light trading Monday, following Federal Reserve Chairman Ben Bernanke’s speech last week.

HUD Extends Application Period for EHLP
DSNews | August 29, 2011
The U.S. Department of Housing and Urban Development (HUD) is once again accepting applications for its Emergency Homeowners’ Loan Program (EHLP). The new deadline for applications is September 15.

For Small Firms, Disaster Prep Starts at Home
The Wall Street Journal | August 29, 201
While boarded up storefronts were a common site as Hurricane Irene moved up the East Coast this weekend, a recent Wells Fargo survey indicates that many small-business owners tend to focus disaster preparedness efforts on their homes – not their workplaces.

A Scramble to Finalize Jobs Plan
The Washington Post | August 30, 2011
The White House scrambled Monday to finalize a new jobs initiative as President Obama nominated the last member of the economic team that will be charged with carrying it out.

From the National Association of Realtors®:

IMF Chief to Policymakers: Do More to Help Housing
IMF chief Christine Lagarde urged U.S. policymakers at an economic conference over the weekend to do more to stop “the downward spiral of foreclosures, falling house prices, and deteriorating household spending.”

2011 Good Neighbor Finalists Announced
Finalists for REALTOR(R) Magazine’s Good Neighbor Awards have been recognized for volunteer efforts.

5 Real Estate Markets Offering the Most Business
Some real estate professionals are still seeing high-dollar volume in home sales. Inman News finds the best markets for practitioners.

Social Networking Reaches New Milestone
Half of all American adults now say they use a social networking site, according to a new survey by the Pew Research Center. Find out who the “power users” are.


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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