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Real Estate News Today 4-17-2012

17 Apr

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

Short Sales Surpass Foreclosures as Banks Agree to Deals
Bloomberg | April 17, 2012
Short sales accounted for 23.9 percent of home purchases in January, the most recent month available, compared with 19.7 percent for sales of foreclosed homes, data compiled by Lender Processing Services Inc. show.

Fitch Expects 10% Rise in Single-Family Housing Starts
HousingWire | April 16, 2012
Fitch Ratings believes single-family housing starts will increase 10% in 2012, while new home sales will rise 8%, according to the firm’s latest U.S. homebuilding update.

Report: Sellers’ Asking Prices Rose in March
The Wall Street Journal | April 17, 2012
Here’s a sign that sellers are feeling more optimistic about their prospects this spring: median asking prices in March jumped by 5.6% from a year ago, and were up 1% from February, according to a report released Tuesday.

Lenders Fear Impact of New Mortgage Rule
The Wall Street Journal | April 16, 2012
U.S. mortgage lenders and real-estate agents are growing concerned a new set of mortgage-lending standards under development by a new consumer regulator will imperil the fledgling housing recovery and limit the availability of home loans.

Builders Less Confident, But Still Happy to Be Here
The Wall Street Journal | April 16, 2012
Home-builder optimism slipped in April, according to the latest survey released Monday by the National Association of Home Builders.

Title Companies Bounce Back in Sacramento Area
Sacramento Bee | April 17, 2012
Title companies, which scattered to the winds when the downturn hit, are opening offices and hiring new staff.

Building a Better Bailout: Can Fannie and Freddie Help American Homeowners?
TIME | April 17, 2012
Since the financial crisis, American taxpayers have collectively made all sorts of investments that would have been unthinkable ten years ago. We bought stakes in the auto and insurance industries and, perhaps most significantly, the residential housing market.

Fading ‘Fear Factor’ Among Home Buyers?
Realtor Magazine | April 16, 2012
“The biggest challenge that we’ve had over the past four years is fear. The fear factor is all but gone,” says one real estate broker. 

How to Get More Customer Attention With Your Web Site
Realtor Magazine | April 16, 2012
Forbes.com recently offered up ideas to get potential customers to visit your Web site and improve chances of then hooking them as clients.  

The 7 upgrades we want most in our homes
MarketWatch | April 11, 2012
When homeowners plan for their next house, or plan the remodeling projects that they want to undertake on their current home, there are seven priority spaces that they are focusing on, according to a survey of Better Homes and Gardens readers. If you’re dreaming of a new space this year, here are the top areas you might want to consider.
 

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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