Real Estate news Today 5-25-2012

25 May

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

McGraw to give 25 homes to members of military
Yahoo! News | May 24, 2012
Tim McGraw will be saluting veterans in a big way while on tour this summer. The country music superstar is giving away 25 mortgage-free houses — one for each stop on his upcoming “Brothers of the Sun” tour with Kenny Chesney — to wounded or needy service members.

Alaskan crews gear up to tackle Japan tsunami debris
Reuters | May 24, 2012
Cleanup workers will soon attack a jumble of debris from Japan’s 2011 tsunami that litters an Alaskan island, as residents in the state gear up to scour their shores for everything from buoys to building material that has floated across the Pacific. (This garbage is already hitting this US, with plenty of it headed down to the 3 West coast states of California, Oregon, and Washington.  Read on to find about the efforts to deal with it. ~Anthony)

Top 10 Places to Buy Foreclosures According to RealtyTrac
HousingWire | May 24, 2012
In its May 2012 foreclosure newsletter, RealtyTrac named the top 10 places to buy foreclosures in 2012.  (Wondering which Pacific NW city makes the list?)

Speeding Up Short Sales
The New York Times | May 24, 2012
Starting June 15, the Federal Housing Finance Agency, which regulates Fannie Mae and Freddie Mac, will require both agencies to give short-sale buyers a final decision within 60 days.

Commercial Real Estate Price Recovery Slows
HousingWire | May 24, 2012
The rebound in commercial property prices slowed over the first three months of 2012, according to a new report from Moody’s Investors Service and Real Capital Analytics.

What Would Greek Exit Mean for the U.S. Economy?
Reuters | May 24, 2012
Uncertainty over the fate of the euro currency is already dampening U.S. economic growth and any significant worsening of the crisis would deal a blow to a recovery that is gradually gathering steam.

Agent Kidnapped, Threatened With Steak Knife
RealtorMag | May 24, 2012
A real estate agent in West York, Pa., was kidnapped by a man who threatened her with a steak knife and robbed her following a showing of a home for-sale, police say. (Many car remotes will open the driver’s door with one click, and it takes two clicks to open the passenger door.  This would be why. ~Anthony)

5 Worst Mobile Behavior Offenses
RealtorMag | May 24, 2012
Mobile manners are getting worse, according to 81 percent of 2,000 Americans recently surveyed by Intel. Ninety-two percent of those surveyed said they wish the public would get more respectful with their mobile etiquette. Could you be one of the offenders?

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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