Real Estate News Today 1-26-2012

26 Jan


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

Here is a fun one I found today.  I think I may be guilty of a couple of these (ask my wife)! ~Anthony
5 signs you’re real estate-obsessed
InmanNews | January 23, 2012
After many years of living and breathing the stuff of what real estate users care about, I can probably take a guess at what the real estate-related online search obsessions are, and can even categorize them into syndromes in the same vein as my own personal Google tic:

Housing Crisis to End in 2012 as Banks Loosen Credit Standards
DSNews | January 24, 2012
Capital Economics expects the housing crisis to end this year, according to a report released Tuesday. One of the reasons: loosening credit.

Obama proposes new mortgage refinance program, fraud task force
HousingWire | January 24, 2012
President Obama said in his State of the Union address Tuesday that he will submit to Congress a plan that gives responsible homeowners the chance to refinance and save roughly $3,000 a year on their mortgage.

National REO rental program becoming “most popular idea”
HousingWire | January 24, 2012
Support for a government-led program to rent out foreclosed Fannie Mae, Freddie Mac and Federal Housing Administration homes is the most popular disposition strategy among panelists at the American Securitization Forum.

Wells Fargo Launches pilot programs to clear LA, Atlanta inventory
HousingWire | January 25, 2012
Wells Fargo
will launch two multibillion-dollar programs this February to clear housing inventory in Los Angeles and Atlanta. The San Francisco-based bank is calling the program Neighborhood Lift.

Finding the positives in Economic and Housing Conditions in 2012
While 2011 was clearly a challenging year, there is a lot to be positive about looking ahead. Economically, while buffeted by natural disasters and fiscal policy indecisiveness at home and a European sovereign debt crisis abroad, the U.S. economy was able to stave off economic stagnation in 2011 and is likely to continue to do so in 2012.

From the National Association of Realtors®:

6 Most Stressful American Cities
Sperling’s Best Places takes into account unemployment, divorce rate, commute times, crime, cloudy days, and other factors to rank the most stressful cities. The study finds: It’s not always sunny in the Sun Belt.

6 Charged in ‘Builder Kickback’ Scam
Six Charlotte, N.C., residents were charged with working with a home builder in a mortgage scheme that involved offering “builder kickbacks” to fake buyers, resulting in hundreds of sales, prosecutors 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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Posted by on January 26, 2012 in Real Estate news


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