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Real Estate News Today 1-24-2012


Today’s news that may be of interest to you:

Consumer Agency: We Won’t ‘Double-team’ Businesses
CBS MoneyWatch | January 23, 2012
Two government watchdogs that oversee consumer finance have inked a deal to avoid burdening businesses with overlapping regulations.

Loan Modifications Are on the Decline: Moody’s
DSNews | January 23, 2012
As robo-signing reviews reach completion, servicers are beginning to work through some of their foreclosure backlogs, according to a third-quarter report from Moody’s Investors Service.

ASF Panel: Expect Bulk Sales and GSE Longevity
HousingWire | January 23, 2012
A panel on the future of mortgage financing in the United States predicts a government-led initiative to sell distressed properties in bulk. Also, they say Fannie Mae and Freddie Mac will be around for quite some time despite congressional efforts to wind down the government-sponsored enterprises.

Federal Reserve to Disclose More Details on Plans for Low Interest Rates
The Washington Post | January 23, 2012
The Federal Reserve, which took aggressive action in response to the U.S. financial crisis and more recently to help keep European banks in good health, has been divided for months over whether to take major new actions to bolster the nation’s slow economic recovery.

Foreclosures: America’s Hardest Hit Neighborhoods
CNNMoney | January 23, 2012
The housing collapse has dramatically changed the nation’s foreclosure landscape.

Homeowners who bought at low-end most happy: HomeGain
HousingWire | January 23, 2012
Homeowners who acquired properties for less than $75,000 remain the most satisfied with their home-buying selections, according to a new study from online appraisal firm HomeGain.

From the National Association of Realtors®:

6 Housing Markets Gear Up for a Rebound
Job creation and population growth contributes to the housing recovery. Find out which markets have the numbers that point to a real estate rebound, according to a recent Forbes/Local Market Monitor survey.

What Buyers, Sellers Want From Real Estate Agents
Want to peek inside the mind of buyers and sellers? At a recent Real Estate Connect conference, consumers shared their advice to agents.  (One of the services on the list is paperless closings.  Did you know Stewart Title is the industry leader in this arena?  If you have a recent transaction with us and want to check out our system, ask one of our staff for your username and password.  Then go to www.stewartspokane.com and click on the “View my Transactions” button. ~Anthony)

 

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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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