Real Estate News Today 2-14-2012

14 Feb

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

Today from the NAR comes new motivation to buy a home over renting:  Home Owners More Attractive Than Renters, Singles Say 

Romance & Real Estate: How Your Housing Situation Affects Your Love Life
Time | February 14, 2012
Where you live affects who you date—and who will absolutely refuse to date you. In honor of Valentine’s Day, the real estate website Trulia commissioned Harris Interactive to conduct a survey looking at the intersection of attitudes about housing and romance.

How to Invest in the Coming Housing Market Rebound
Associated Press | February 13, 2012
The housing market recovery hasn’t taken off yet, but a rally in its stocks sure has. The Standard & Poor’s homebuilders index is up 60 percent since October. Given that stock prices tend to anticipate business trends, does that mean a housing market rebound is imminent during the spring home-selling season?

Five Things You Missed in Obama’s Budget
The Washington Post | February 13, 2012
President Obama’s proposed tax hikes and infrastructure spending for 2013 have grabbed headlines. But there’s a slew of other changes that Obama has proposed in his $3.8 trillion budget that are worth flagging as well. Here are a few of them.
Also check out this from NAR:
NAR Cautions Against MID Changes
NAR has come out against parts of President Obama’s proposed budget for 2012 that would limit itemized deductions, including the mortgage interest deduction, for wealthier households.

Military Members May Get Six-Figure Payday for Wrongful Foreclosures
HousingWire | February 13, 2012
Major banks will reimburse military servicemembers for any wrongful foreclosures done in the past five years. JPMorgan Chase, Wells Fargo, Citigroup, and Ally Financial will resolve Servicemembers Civil Relief Act claims in connection to the wider $25 billion foreclosure settlement, U.S. Assistant Attorney General Thomas Perez said in a speech Friday.

Multifamily Buildings to Lead U.S. Construction Gains: Economy
Bloomberg | February 13, 2012
Construction of multifamily units will lead the U.S. building industry again this year, allowing housing to contribute to growth for the first time in seven years, according to economists Michelle Meyer and Celia Chen.

CEOs Offer Tips on Managing Your Time
The Wall Street Journal | February 14, 2012
With so many demands on their time, chief executives worry about striking the right balance between setting long-term strategy and responding to short-term problems. Over the past few years, The Wall Street Journal’s Lessons in Leadership video series has asked CEOs of big companies, including Microsoft Corp.‘s Steve Ballmer and American Express Co.‘s Kenneth Chenault, how they manage their time.

Valentines Day-1984, our Sophomore year I asked Debbie to go steady with me.  She said yes!  28 years later, she is still my beautiful bride.  She made me hear shaped sugar cookies that year. 

By the way, that is her Dad’s 1967 Pontiac GTO in the background and there is a story about him and it’s restoration in today’s Spokesman review. 

Deb_Me 1984

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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 February 14, 2012 in Real Estate news


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