Real Estate News Today 6-27-2012

27 Jun


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

Orbitz Thinks Mac Users Have More Money. Sooner or Later Hackers Will Too
Forbes | June 26, 2012
Orbitz Worldwide has come to the conclusion that Mac users surfing its site would likely go for a higher-end hotel and decided to cut to the chase: it is experimenting with displaying different, and more expensive, hotels for users searching from a Mac, instead of a Windows desktop, according to a report in the Wall Street Journal.  (This is fascinating to me.  Thanks to a wonderful reader in Seattle for passing this along! ~Anthony)

Small Business Owners, Avoid These Five Crippling Branding Mistakes
The Washington Post | June 26, 2012
These lessons from TOMS Shoes, Apple and Virgin should guide the way as you mold your company’s reputation.

A Look at Case-Shiller, by Metro Area
The Wall Street Journal | June 26, 2012
Home prices showed fresh signs of stabilization in April, according to the S&P/Case-Shiller indexes. A key gauge of U.S. home prices was up 1.3% in April from the previous month.

Why Home Prices are Rising Again (According to Case-Shiller)
The Wall Street Journal | June 26, 2012
It wasn’t hard to see this coming: Home prices rose in April after a spring that brought more buyers chasing fewer homes.

Biggest U.S. Banks Curb Loans as Regional Firms Fill Gap
Bloomberg | June 26, 2012
The biggest U.S. banks are extending less credit amid a faltering economic recovery as regional lenders step in to fill the gap. 

S&P Says U.S. Faces 20-percent Risk of Double Dip
Reuters | June 26, 2012
The United States faces 20-percent odds of a return to recession, rating agency Standard & Poor’s said on Tuesday, although it said a slow recovery remains the company’s baseline forecast for the world’s biggest economy.

Agencies Set Mortgage-Servicing Rules for Military
BusinessWeek | June 27, 2012
U.S. regulators released rules for mortgage servicers that are designed to help members of the military get information needed to sell their homes or modify loans when they are forced to relocate.

Economists Predict Where Home Prices Are Heading
Realtor Mag | June 26, 2012
A majority of more than 100 economists and real estate experts say that home prices will likely bottom by 2013, according to the Zillow June 2012 Price Expectations Survey. 

Top 10 cities for retirement
Chicago Tribune | June 14, 2012
Deciding where to retire presents an exciting challenge. The best cities for retirement need to offer appealing amenities — good quality of life, ample health care options and plenty of things to do — on a fixed-income budget. (Another article that names Spokane, WA as a great place to retire! This was sent to me by a retirement-savvy Spokane reader. ~Anthony)

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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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