Today’s Real Estate News 9-1-2011

01 Sep

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

U.S. Self-Employed Struggle to See Opportunities
Bloomberg | September 1, 2011
More than 1 million self-employed Americans are no longer in business almost four years after the last recession began, as the economy constrains entrepreneurial activity and small-business job creation.

Appraisal Industry Readies for Confusing GSE UAD Deadline
HousingWire | August 31, 2011
Appraisers are somewhat confused about the looming Sept. 1 deadline for ensuring appraisal forms prepared for Fannie Mae and Freddie Mac are compliant with certain GSE standards.

Another Fannie Servicing Portfolio Up for Sale
HousingWire | August 31, 2011
MountainView Servicing Group will help sell a $485 million servicing portfolio of Fannie Mae mortgages.

Q2 Home Prices Up, Still Lag Behind 2010 | August 30, 2011
Home prices crept forward over the second quarter this year but failed to march to the same beat as prices over the same period last year, according to Standard & Poor’s/Case-Shiller Home Price Indices, which the ratings agency released Tuesday.

From the National Association of Realtors®:

Study: Negative Reviews Can Have Big Impact
Four out of five customers say they have changed purchase decisions based on negative reviews they’ve found online, a new study says.

Foreclosed Home Owners Take Out Revenge on Properties
Some home owners who are foreclosed upon are leaving behind big messes, everything from smashed walls to ripped out appliances. At times of resale, these damaged homes are selling for big discounts, which is hurting overall housing values, agents say.

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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