Real Estate News Today 3-5-2012

05 Mar

Check out this one-minute video where I demonstrate our super-easy seller net proceeds worksheet!  Net Proceeds Worksheet video 

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

Commercial Real Estate Cycle – Dr. Glenn Mueller at Dividend Capital
Ted C. Jones Blog | March 5, 2012
Dr. Glenn Mueller (at Dividend Capital which has several REITs) is one of the top experts in Commercial Real Estate Cycles and produces a quarterly report on commercial real estate market cycles covering more than 50 Metropolitan Statistical Areas (MSAs) including five property types.  And thanks to the acquisition of a prior data provider to this data series by the CoStar Group (and CoStar’s rich data), the Dividend Capital–Glenn Mueller’s analysis is even more inclusive and market-spanning today than ever before. 

Companies Foreclose; Blight Follows
The New York Times | March 3, 2012
Every few weeks, Alvin Chandra cleans up the garbage that has accumulated in the vacant lot next to his granite fabrication plant on Adeline Street in West Oakland — soiled mattresses, worn-out sofa beds and piles of used fast food containers.

Speculators Who Inflated Property Bubble to Get U.S. Loan Help: Mortgages
Bloomberg | March 5, 2012
The Obama administration will extend mortgage assistance for the first time to investors who bought multiple homes before the market imploded, helping some speculators who drove up prices and inflated the housing bubble.

Multifamily Housing Performance a Mixed Bag
HousingWire | March 2, 2012
The performance of the multifamily housing segment is a mixed bag with occupancy rates and rents going up even as delinquencies in certain Fitch-rated CMBS loans rise, the ratings giant said Friday. 

Barclays: Housing supply could normalize in 2014
HousingWire | March 2, 2012
If construction remains at or slightly above last year’s levels, and household formation rates rise to 1.1 million, the supply of housing will begin to normalize in two to four years, analysts at Barclays Capital estimate.

NAHB Sees Expanded Role for Federal Home Loan Banks in Housing Reform
HousingWire | March 2, 2012
The National Association of Home Builders released its blueprint for housing finance reform that it said will transition Fannie Mae and Freddie Mac into a new private-sector securitization system.

Caribbean Getaways Ensnare U.S. Buyers
The Wall Street Journal | March 3, 2012
Vacation homes typically conjure up dreams of blue skies, pristine sand and crystalline waters. But for Richard Cichanowicz, buying property in paradise has become a nightmare.

Losses Mount from Scams Targeting Older Americans
The Wall Street Journal | March 3, 2012
Boomers beware: Scams, frauds and other financial exploitation schemes targeting older Americans are a growing multibillion-dollar industry enriching the schemers, anguishing the victims and vexing law enforcement officials who find these crimes among the hardest to investigate and prosecute.

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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