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Real Estate News Today 10-31-2011

31 Oct

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

NAR Adds Multifamily to Online Listings
HousingWire | October 29, 2011
A leading real estate website is capitalizing on the rebirth of rental housing by adding apartment communities to its online listings.

U.S. Economy Revives as Consumers Still Spend
Bloomberg | October 30, 2011
While household-sentiment measures are at levels typically observed during a recession, an increase in spending during the third quarter boosted growth to the highest level of the year, Commerce Department figures showed Oct. 27.

Credit Unions Pounce After Banks Raise Fees
The Washington Post | October 30, 2011
At Lafayette Federal Credit Union in Kensington, officials wasted no time in taking aim at Bank of America’s decision to levy fees on debit cards. Within two weeks of the megabank’s Sept. 29 decree, the credit union placed ads in area newspapers telling consumers:

In Real Estate, Simple Wins
The Wall Street Journal | October 29, 2011
In the cycle of investment life – boom, bust and aftermath – the lessons only become clear after it’s too late.

The Most (and Least) Expensive Cities
The Wall Street Journal | October 28, 2011
The Council for Community and Economic Research (C2ER) released its third-quarter cost of living index today, outlining the most and least expensive cities in the country.

Wall Street Reform Law Bogged Down
October 30, 2011 | Politico
President Barack Obama signed the Dodd-Frank financial reform bill into law 15 months ago, saying he was anxious to put new rules of the road in place for Wall Street.

From the National Association of Realtors®:

Survey Reveals 5 Home Buying Myths
While buyers tend to be overall knowledgeable about the home purchasing process, a new survey finds the areas where they’re still confused.  (This list really stunned me.  I would not have guessed any of these issues that home buyers are confused about.  It causes me to rethink how we communicate to home buyers. ~Anthony)

Is the New-Home Market Finally Leveling Off?
The nation’s largest home builders are starting to see a gradual turnaround in sales, which may signal the worst is finally behind them, according to a new article at The Wall Street Journal.

Supersized Homes: States With the Largest Houses
Where is square footage the biggest? Find out five states that boast the largest homes.  (This top 5 list also surprised me!  None of the states that I thought would be on this list are there. ~Anthony)

 

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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