Real Estate News Today 4-5-2012

05 Apr

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

Marketing Tool Most Real Estate Pros Want?
Realtor Magazine | April 4, 2012
A new survey reveals the marketing tool that the majority of real estate professionals most want to have and what they view as the tool of the future for marketing. (Hint: I’ve been saying this for some time now, this is the best tool ever! ~Anthony)

Owning Regains Appeal
The Wall Street Journal | April 4, 2012
Climbing rents for apartments are combining with a continued decline in home prices to push once-reluctant home buyers into finally taking the plunge, say economists and real-estate agents.

Wells Fargo Dominates Multifamily Originations
HousingWire | April 4, 2012
The Mortgage Bankers Association crowned Wells Fargo as the top multifamily mortgage originator in 2011, despite flagging commercial originations. What’s more, the mega-lender will likely hold the top spot for some time.

For Home Buyers, an App for Attributes
The New York Times | April 4, 2012
While Zillow offers assessed values and Trulia has searches based on a buyer’s needs, the House Hunter app ranks the qualities of a home.

The Government has Just Made Home Buying (Slightly) More Expensive
The Washington Post | April 4, 2012
Americans are still wary about buying homes, as many remain strapped for cash and gun-shy after the market’s recent meltdown. Banks, meanwhile, have tightened their lending requirements, so even those with enough money and great credit scores are having trouble getting loans.

What Should Obama Do Differently on Housing Policy?
The Wall Street Journal | April 4, 2012
Some of the housing world’s heaviest hitters are gathering in New York tonight and Thursday for an event organized by home-listings website Zillow to discuss bringing stability to the housing market (the forum Thursday includes the Journal’s S. Mitra Kalita).

Another Bank Says Goodbye to TARP
The Hill | April 4, 2012
Another bank has ceased to receive the government’s bailout support, handing the American taxpayer a nice bit of a profit along the way.

When Excluding Distressed Sales, Home Prices Continue to Rise | April 4, 2012
When excluding distressed sales, such as short sales and REO transactions, prices actually increased on a month-over-month basis in February, according to the February 2012 Home Price Index released by CoreLogic Wednesday. Though, when including distressed sales, prices decreased compared to the month before.

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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