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Real Estate News Today 6-7-2012

07 Jun

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

5 of the Most Frequent Consumer Complaints
Yahoo! Finance | June 6, 2012
Have you been unhappy with your bank in the past year? Or gotten an unpleasant call from a debt collector? You’re not alone.

Shortening Loan Terms
The New York Times | June 1, 2012
Low interest rates are making it easier for homeowners to reduce their mortgage payoff times considerably.

Home Rentals — The New American Dream?
USA Today | June 6, 2012
Unlike traditional apartment renters, this breed of American tenants are older and have kids, U.S. Census Bureau data indicate.

Tale of Two Markets: No Downturn in Megahome Sales
MSNBC | June 5, 2012
The real-estate market is splitting in two, with wealthy buyers driving stronger growth at the top while the rest of the market continues to struggle.

Hispanic Home Buyers On The Rise
Forbes | May 31, 2012
For Hispanic Americans, a mega-boom in homeownership is revving up.

New Value for Land in Rural Ohio
The New York Times | June 5, 2012
The energy boom has swept into the rural counties of the upper Ohio River Valley, producing a torrent of investment in mineral leasing that is jolting the economies of small towns and swelling the bank accounts of some working-class families.

Probe Widens Into Mortgage Lenders
The Wall Street Journal | June 6, 2012
Federal officials are broadening their investigations of mortgage lenders that use a popular federally backed mortgage program, a move that could force more banks to pick up some of the rising tab for losses at the Federal Housing Administration.

Americans Cling to Jobs as U.S. Workforce Dynamism Fades
Bloomberg | June 7, 2012
After 4 1/2 months of meetings, interviews and hand-holding, personnel recruiter William Rowe thought he had sealed the deal. The senior executive of a major corporation Rowe had been courting finally agreed to take a top post at a venture capital- backed technology firm in California. Then four days after giving notice, the mid-to-late 40-year-old executive had second thoughts about leaving the security of his company and returned to his old job.

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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