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Real Estate News Today 4-11-2012

11 Apr

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

As Lenders Recover, Credit Is Again Dealt to Risky Clients
The New York Times | April 10, 2012
With the financial industry recovering and fee income reduced by new regulations, lenders are seeking to woo back less creditworthy borrowers.

Should a Buyer Ask a Seller for Landlord Tips?
The Wall Street Journal | April 10, 2012
When buying a vacation home that’s been rented out, how should you approach the seller for advice?

Profit Drop at U.S. Banks Imperils Rally
Bloomberg | April 9, 2012
The six largest U.S. lenders, including JPMorgan Chase & Co. (JPM) and Wells Fargo & Co., may post an 11 percent drop in first-quarter profit, threatening a rally that has pushed bank stocks 19 percent higher this year.

That Other Foreclosure Crisis: Commercial Real Estate Teeters
Forbes | April 10, 2012
Back in February, 2010, before she was the Left’s great hope in Massachusetts, Elizabeth Warren authored a report that began with a dire prediction: “A significant wave of commercial mortgage defaults would trigger economic damage that could touch the lives of nearly every American.”

Rentals outshine single-family home purchases: Zillow
HousingWire | April 10, 2012
The nation’s rental market continues to strengthen with some big cities seeing rents rise nearly 15% compared to a year ago.

Top 6 Social Media Web Sites
Realtor Magazine | April 10, 2012
Where are your clients increasingly hanging out in the social media world? Facebook isn’t the only place.

Did High Gas Prices Fuel the Housing Crisis?
Realtor Magazine | April 9, 2012
“High gasoline prices provided the trigger that burst the [housing] bubble,” says JunJie Wu, an Oregon State economist and one of the authors of a new study that blames high gas prices as the main culprit for the housing crisis that started in 2007.  

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

Please remember to choose Stewart Title of Spokane on your next transaction!

www.StewartSpokane.com

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