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Real Estate News Today 8-2-2012


Among the Stewart Title offices across the nation, we’re having a little Facebook competition based on number of LIKES on our office Facebook page.  Please take a minute and LIKE our Facebook page to tell the world how amazing you think Stewart Title of Spokane is!
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RBS: Underwater mortgages hold steady without eminent domain
HousingWire | August 1, 2012
A higher percentage of underwater borrowers are still making payments, specifically in areas considering eminent domain to seize the loans and write down principal, according to research from the Royal Bank of Scotland

CA Homeowner Bill of Rights ignores logic
HousingWire | August, 2012
While some of the California Homeowner Bill of Rights provisions are reasonable, given the recent problems resulting from an unprecedented wave of foreclosures in the state, many others will needlessly interfere with a process that has mostly worked as intended.

What Cities are Best for Seniors?
USA Today | August 1, 2012
Seniors looking for the best city to grow older in may be better off flocking to the Midwest than sunny Florida, according to a recent report.

How to Navigate Today’s Mortgage Doc Maze
Bloomberg | August 1, 2012
If you want a chance of grabbing a sub-4 percent mortgage the latest challenge is being prepared to run the document gauntlet and become a supplicant to the underwriting gods.

Smaller U.S. Banks Seeking Exemption From CFPB Mortgage Rules
Bloomberg | August 2, 2012
Community banks are lobbying the Consumer Financial Protection Bureau to be exempted from two forthcoming regulations on mortgages.

City of Spokane works to bring down ‘silos’
Spokane Journal of Business | August 2, 2012
You can’t see it when driving along Spokane Falls Boulevard, but according to Jan Quintrall, the silos are coming down at City Hall.

Recent moves hint of a housing recovery
Spokane Journal of Business | August 2, 2012
After years of looking for any sign that the housing market was doing anything other than bumping along the bottom, indications that a recovery is under way have emerged.

Most second homes would escape new 3.8 percent tax
InmanNews | August 1, 2012
The warm summer weekend at the lake brought out sailors, wake boarders and even some old-time slalom water skiers. The discussion on more than one dock also focused on an additional tax on second homes.

And today in the “just for fun” category,
we offer you the Olympic medal standings from NBCBy the way, how do you feel they’re doing on their coverage?  They seem to be getting more criticism than praise. Thanks for reading our newsletter today!

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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Real Estate News Today 8-1-2012


Among the Stewart Title offices across the nation, we’re having a little Facebook competition based on number of LIKES on our office Facebook page.  Please take a minute and LIKE our Facebook page to tell the world how amazing you think Stewart Title of Spokane is!
Like1

(Note that we have a couple more great resources for you today on the 3.8% Medicare tax. ~Anthony)

3.8% Tax in Health Bill: Additional Resources
The KCM Blog | August 1, 2012
We have previously reported on the questions surrounding the existence of a 3.8% tax in the administration’s health care program. Today we want to add two additional resources that can offer help in explaining the issue to your buyers and sellers.

Understanding the New 3.8% Tax of Investment Income
API Exchange
The Medicare tax, which goes into effect on January 1, 2013, will impose a 3.8% tax on the net investment income of joint filers with adjusted gross income over $250,000, and single filers with adjusted gross income over $200,000.

Real estate experts say mess could be solved if government would stop helping
The Washington Post | July 19, 2012
Last month, in the blistering heat of Denver, participants ranging from economists to green architects addressed some of the most pressing real estate issues at the National Association of Real Estate Editors annual conference.  After hearing from more than two dozen speakers over three days, I took away three points.

Case-Shiller Shows Strong Price Gains in May
The Wall Street Journal | July 31, 2012
Home prices put together a strong run this spring. The big question now: Can housing keep up the momentum heading into the summer?

Mortgages Dominate Complaints Sent to CFPB
HousingWire | July 30, 2012
The majority of the consumer complaints filed with the Consumer Financial Protection Bureau during its first 11 months in existence relate to mortgage debt, the CFPB said in its semi-annual report to Congress.

Where Home Ownership Rates Are Highest
Realtor Mag | July 31, 2012
Here’s a closer look at the home ownership rate among different demographics, according to the second quarter U.S. Census Bureau housing data.

10 Great Gadgets for Real Estate Professionals
Realtor Mag | July 31, 2012
Looking for more technology gadgets to make your business even more mobile? Check out some of the latest product debuts from this year’s Consumer Electronics Show. 

Five Emotional Mistakes to Avoid in the Home-Selling Journey
Fox Business | August 1, 2012
Home is where the heart is, but when it’s time to sell it, it pays to be a bit cold blooded. The home-selling process is filled with negotiations and paper work, and letting emotions play a role will only cost sellers money. Here are five expert-identified emotional mistakes that home sellers make that cost them money.

Anthony Carollo 2007 EMAIL  

 

Join My List

 

Find me on:     LinkedIn     Twitter     Facebook

 

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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