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Today’s Real Estate News 9-22-2011

22 Sep

Don’t forget! Stewart Title’s 3rd Annual “An Evening in the Vineyard” Open House and Wine Tasting is October 20th!  For more information view our flyer.

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

Xerox: Most Lenders Prepared for e-Mortgages
HousingWire | September 21, 2011
Roughly 63% of lenders surveyed by Xerox implemented new software in 2011 to handle paperless mortgages, up from 49% in 2010.

Many Get Shut Out on Chance to Refinance
The Boston Globe | September 22, 2011
Those who might benefit most from refinancing are being shut out of the best rates, most often because their property values have eroded or their income has dropped.

Initial Jobless Claims in U.S. Fell 9,000 Last Week to 423,000
Bloomberg | September 22, 2011
More Americans than forecast filed first-time claims for unemployment insurance payments last week as the labor market struggled to improve.

Report: Mortgage Delinquencies Rise, But Improvement on the Horizon
DSNews | September 20, 2011
Mortgage delinquencies rose to 6.62 percent in August, according to a report from CreditForecast.com, supported by Moody’s Analytics and Equifax.

From the National Association of Realtors®:

August Existing-Home Sales Leap Despite Headwinds
Despite disruptions such as Hurricane Irene, positive market fundamentals pushed existing-home sales up 7.7 percent in August.

2 Important Factors in Judging Neighborhoods
With home prices falling, how can you help buyers find a neighborhood that has a greater likelihood of holding its value over the long term? Here are some signs to look for.

Neighbor Scares off Home Buyers
A Brighton, Colo., man has a warning to any buyer wanting to purchase a home in the horse community next to him: He has loud parties, loud cars, loud music, and he’s anti-horse.

Google+ Opens to the Public
Google+ is no longer invitation-only. Now anyone can sign up for the new social network, expected to be Facebook’s chief rival.

 

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
acarollo@stewart.com

Please remember to choose Stewart Title of Spokane on your next transaction!

www.StewartSpokane.com

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