Real Estate Today 9-6-2012

06 Sep

Yesterday we asked you: If you were giving one piece of advice to a buyer of real estate, what would it be?  Your answers are in a blog I posted last night:
Real estate advice to buyers from industry pros
Thanks to all who responded!

Real Estate Agents Say US Homes Selling Faster After Hitting the Market Than a Year Ago
The Washington Post | September 6, 2012
U.S. homes are taking less time to sell than a year ago, reflecting more homebuyer demand and fewer bank-owned homes and other properties available for sale in some markets.

Housing Asking Prices Rise for the Seventh Straight Month
The Hill | September 5, 2012
Asking prices for homes rose for the seventh straight month in August, especially in areas hit hardest by the housing crisis, hitting their highest level since the recession.

Surprise! Some Cities Are Actually Experiencing Housing Shortages
Forbes | September 5, 2012
Contrary to the post-bubble narrative of a buyer-less housing glut, inventory levels in some markets have contracted.

San Bernardino May Not Need Eminent Domain Fix: Report
DSNews | September 5, 2012
With prices gaining in San Bernardino County, Clear Capital found that the solution to the area’s problem of negative equity may be solved with time. San Bernardino County has become the center of debate following the creation of a Joint Powers Authority to explore a controversial use of eminent domain.  (Many experts, perhaps most, would have predicted this would be the case. ~Anthony)

Housing Improves in Hard-hit Swing States
CNN Money | September 5, 2012
At long last, the housing market is improving in Nevada, Florida and other important swing states that were some of the hardest hit during the downturn.

                                              Real Estate Today News             Stewart Title Spokane Facebook Page

Today’s question: Given the terrible vandalism on the Spokane Valley listing this week, what advice would you give to sellers who have a vacant property (of any kind) listed?

Teens arrested after vacant home sustains $100,000 in vandalism
The Spokesman-Review | September 5, 2012
Two teens were arrested Tuesday in a Spokane Valley vandalism case that caused an estimated $100,000 in damage.

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Posted by on September 6, 2012 in Real Estate news


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