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Real Estate Today 10-3-2012

03 Oct

At Stewart Title of Spokane, we’re trying to pull together a list of questions/answers for a new Frequently Asked Questions section of our website.  We’re hoping you can help!  What are some of the most most common questions consumers ask you in relation to title or escrow?  We’ve started a list by posting it to the blog, take a look and let us know what you think about the questions and our answers.  Thanks! ~Anthony

FEATURED POST : Title and Escrow Frequently Asked Questions
Real Estate Today | October 2, 2012

 

The Mortgage Forgiveness Act: Will It Be Extended?
The KCM Blog | October 3, 2012
As the year winds down, we are getting more and more inquiries about the Mortgage Forgiveness Debt Relief Act of 2007 and whether or not it will be extended past its original expiration date of December 31, 2012. This is important as people who are selling their home through a short sale may be faced with a tax liability if they don’t close by the aforementioned date. (Of all of the bureaucracy and laws that have changed or been implemented since the Great Recession began, it seems to me this one one law was one of the better Acts of our legislative branch. ~Anthony)

Lower Interest Rates Spell More Refi Risk for Credit Unions
HousingWire | October 2, 2012
Credit unions that have a history of holding loans they originate view the Fed’s continual push for lower interest rates as somewhat of a double-edged sword that will have long-term effects on portfolio lenders and credit unions.

Low Inventories Thwarting Buyers
InmanNews | October 2, 2012
Nearly every major market has seen double-digit declines in inventories of for-sale listings, making multiple-bid situations common.

Growth in Apartment Rents Slows
The Wall Street Journal | October 2, 2012
The apartment-rental market remained robust in the third quarter but, with home sales improving, the sector is showing signs of losing steam, according to a new report from Reis.

Property Owners Face a New Surtax
The Wall Street Journal | September 29, 2012
The housing market may indeed be recovering, as many experts suggest, but investors are still struggling to understand what, if any, taxes they’ll owe upon selling their homes.

Economists: Housing Recovery Finally Here
CNN Money | October 3, 2012
It’s been a long time coming, but economists surveyed by CNNMoney believe the nation’s housing market has finally turned the corner.

US Home Prices Jumped in August by the Most in 6 Years as Housing Market Steadily Recovers
The Washington Post | October 2, 2012
A measure of U.S. home prices jumped 4.6 percent in August compared with a year ago, the largest year-over-year increase in more than six years.

MBA CEO blogs about homeownership on LinkedIn
HousingWire | October 2, 2012
David Stevens, the CEO of the Mortgage Bankers Association just wrote an introductory blog post on why housing matters on social media network LinkedIn.  (You can read the actual blog post here)

Stewart Title Spokane Facebook Page    Real Estate Today

The Secret to Top Social Media Content? Simplicity
InmanNext | September 25, 2012
If there’s one thing to be ascertained from social media, it’s that it’s a trial and error process. You have to experiment with different kinds of content and gauge which kinds get the best results. In the beginning, this is one of the biggest obstacles many real estate agents face. (If you are friends with me on Faebook or have liked our Stewart Title of Spokane page, you’ll notice the concept of “simplicity” is one I could grasp a little better. ~Anthony)

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Posted by on October 3, 2012 in Real Estate news

 

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