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Real Estate Today 9-12-2012

12 Sep

We have some great articles to share this morning,  Who knew there was a federal program to provide terrorism insurance for businesses much like flood insurance does for homes?  And will we see QE3?

Sixteen Ways to Keep Your Seller Happy
Realty Times | September 10, 2012
The good news is that keeping a seller happy isn’t that hard. They just wanna know what’s going on and that their agent cares. Is that too much to ask? Here are sixteen things you can do to keep your seller happy with you. And a happy-with-you seller just might be a great source of future business! (There are some really simple ideas in here that would take no more time or energy than an agent already spends. ~Anthony)

Terrorism Risk Insurance Vital to Commercial Real Estate Market
RealtorMag | September 11, 2012
“Terrorism continues to be an unpredictable threat to our nation, and as the leading advocate for property owners, REALTORS® know that American businesses must have adequate terrorism risk coverage,”

Firms Flock to Foreclosure Auctions
The Wall Street Journal | September 11, 2012
Buying foreclosed homes, renovating and renting them out is morphing from a largely mom-and-pop business into the next big thing on Wall Street.

Mortgage Putback Threat Reduced for Lenders Under New Rules
Bloomberg | September 11, 2012
The U.S. overseer of Fannie Mae and Freddie Mac, seeking to reduce the threat that banks will have to buy back flawed mortgages from the two firms, laid out new rules designed to spur lending and ease the housing crunch.

Sellers’ Remorse Hinders Housing Market
The Wall Street Journal | September 11, 2012
The combination of the sharp decline in home prices since the housing bust and record-low mortgage rates have brought housing-affordability indexes to record highs. And with rents rising, home price-to-rent ratios—the housing equivalent of a price-to-earnings ratio for stocks—are at their lowest levels in more than a decade.

New York Homebuyers Face Risk of Fannie Rate Penalty: Mortgages
BusinessWeek | September 12, 2012
Edward J. DeMarco, the overseer of taxpayer-supported Fannie Mae and Freddie Mac, said the firms need to increase the fees they charge to guarantee mortgages in states where it’s costlier for them to deal with bad debt.

Fed Seen Starting QE3 While Extending Rate Pledge to 2015
Bloomberg | September 12, 2012
The Federal Reserve is likely to announce a third round of bond purchases tomorrow, according to almost two-thirds of economists in a Bloomberg survey, while also extending the duration of its zero-interest-rate policy into 2015.

 

Stewart Title Spokane Facebook Like       Real Estate Today News
And one article a little more local…

Seattle Listing Offers Homes Fit for an Officer
The Wall Street Journal | September 11, 2012
The U.S. Navy and a subsidiary of developer Forest City Enterprises are selling a collection of homes at the former Fort Lawton in Seattle that were used by the military for more than a century.

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Posted by on September 12, 2012 in Real Estate news

 

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