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Real Estate News Today 5-10-2012

10 May

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

AWB, GSI Host 1st Inslee-McKenna debate June 12 in Spokane
Association of Wshington Business | May 1, 2012
Washington gubernatorial candidates Jay Inslee (D) and Rob McKenna (R) will square off in their first debate next month during the Association of Washington Business’s annual Spring Meeting in Spokane.

Top 15 Cities for Yearly Rent Growth
MultiFamily Executive | May 8, 2012
RealFacts recently released its survey results of 2012 first quarter rental rate changes survey in 47 metro statistical areas.  (Check the list to see where Seattle landed. ~Anthony)

The Investor Next Door
The New York Times | May 4, 2012
A different breed of investor has emerged in the last year. This one already lives in the building and has decided to buy a second and sometimes third apartment to become an owner/resident/landlord.

Consumer Bureau Plans New Rules on Mortgage Fees
The Los Angeles Times | May 9, 2012
The Consumer Financial Protection Bureau is considering new rules on mortgage fees, including banning origination charges based on the size of the loan.

Breaking Up Four Big Banks
The New York Times | May 9, 2012
Slowly, and on both sides of the aisle, concern is mounting over the biggest banks and how few strictures they face.

Median Home Prices Up in 51% of Metros
The Wall Street Journal | May 9, 2012
Here’s another sign that the housing market has found its bottom after nearly six years of price declines: Home prices actually rose in more than half of U.S. metropolitan areas in the first quarter of the year.

Zandi: Foreclosure Crisis Biggest Threat to Full U.S. Employment
HousingWire | May 9, 2012
The most immediate domestic threat to reaching full national employment is the continuing foreclosure crisis and the possibility that house prices will sink further, says Mark Zandi, chief economist for Moody’s Analytics.

Browsing for Homes via App
The Wall Street Journal | May 9, 2012
A new, free app called HomeSnap lets you take a picture of a home and in less than a minute, you’ll have an estimate of its price, plus details on its square footage, number of rooms, similar homes for sale and other facts.

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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