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Real Estate News Today 4-10-2012

10 Apr

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

The man cave, that great getaway, has become commercialized
The Seattle Times | April 6, 2012
The time has come to leave the man cave — to bulldoze the bro bunker, to kick the kegerator to the curb. The safe house for the Y chromosome is no longer safe; the perimeter has been breached. The man cave is no longer a tenable refuge from the real world.

U.S. to Propose New Mortgage Lending Rules
The Washington Post | April 10, 2012
The federal government plans to propose new rules on Tuesday that will give homeowners more ways to avoid foreclosure and get an accurate accounting of their monthly mor
tgage payments.

Proposed California Bill Imposes Real Estate Fee for Affordable Housing Fund
HousingWire | April 9, 2012
California Senate Bill 1220, or the Housing Opportunity Trust Fund Act of 2012, proposes the creation of a fund that would raise revenue by imposing a $75 fee on all real estate instruments recorded at the county level.

Baby Boomer Market Bust?
Los Angeles Times | April 9, 2012
As 70 million people born between 1946 and 1964 begin retiring, the big question is: Will they bail out of stocks and other assets to pay for their golden years?

Why Small Businesses Fail to Grow
The Washington Post | April 10, 2012
It takes more than passion. Here is a list of 10 crucial factors.

Bernanke Says Banks Need Bigger Capital Buffer
Reuters | April 9, 2012
Federal Reserve Chairman Ben Bernanke said on Monday banks need to have more capital at hand in order to ensure the financial system is stable.

BofA Makes Changes to Trim Short Sale Timeline
DSNews | April 9, 2012
Starting Saturday, April 14, real estate professionals working with BofA will be required to submit five documents for short sales initiated with an offer.

Expectations Rising for Housing Market’s Spring Season
USA Today | April 10, 2012
The spring season typically runs March through June but may have started early this year because of unseasonably warm weather.

5 Reasons the US Hiring Slowdown in March might Signal a Weakening Job Market
The Washington Post | April 9, 2012
Economists mostly shrugged off news that U.S. hiring slowed in March as a one-month aberration warped by warm weather. But what if they’re wrong? What if the sharp drop in job creation signaled something more ominous?

Berkshire Hathaway unit buys Seattle residential brokerage
The Seattle Times | April 5, 2012
A real-estate subsidiary of Warren Buffett’s Berkshire Hathaway has acquired a Seattle residential real-estate brokerage.

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

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