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Real Estate News Today 7-24-2012

24 Jul

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Judge Rules: Agent Not Liable for Buyer’s Injuries
RealtorMag | July 23, 2012
A home buyer sued his real estate agent after he broke his ankle, wrist and elbow while previewing a home for sale. However, a judge last week ruled that the real estate agent was not liable for home buyer Michael Davies’ injuries.

Home Values Post First Year-Over-Year Increase Since 2007
Bloomberg | July 24, 2012
Home values posted their first year- over-year increase since 2007 in the second quarter as the U.S. property market began to lift off a bottom, Zillow Inc. said.

Geithner Says Extending Tax Cut for Wealthy Irresponsible
Bloomberg | July 24, 2012
U.S. Treasury Secretary Timothy F. Geithner said President Barack Obama is “absolutely committed” to letting tax cuts for the wealthiest Americans expire as scheduled at the end of this year.

Moody’s: National Eminent Domain Program Would Push Jumbo RMBS Losses
HousingWire | July 23, 2012
Should proposals being considered in some California areas to seize underwater mortgages be adopted nationwide, mortgage bond investors could see defaults rise by more than 30%, according to new Moody’s Investors Service analysis, leading to losses.

Fannie Mae Cuts 2012 GDP Growth Forecast
The Wall Street Journal | July 23, 2012
Fannie Mae has cut its U.S. gross domestic product growth projection for the year, citing an uncertain job market and weak consumer spending.

Avoid These 6 Recipes For Business Disaster
The Wall Street Journal | July 23, 2012
Why would anyone want to know the formula for failure? Because you may be blind to the fact you are already following it, says guest columnist Mike Michalowicz.

Commercial Continues to Lead Rebound
RealtorMag | July 23, 2012
Two recent reports highlight the strength of the commercial market.

Opposing world views battle for housing future
HousingWire | July 23, 2012
The national debate about the future of the American home is already shaping up to be an epic battle between two different ideologies.

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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