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Real Estate News Today 5-9-2012


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

6 Don’ts After You Apply For a Mortgage
The KCM Blog | April 12, 2012
I learned a long time ago that “common sense is NOT common practice“.  (Great blog article here, it’s worth a read if you are borrowing on a purchase or a refinance. ~Anthony)

Home Prices in March Show Monthly Gain but Yearly Loss: CoreLogic
DSNews.com | May 8, 2012
Excerpt: “When excluding distressed sales, month-over-month prices went up for the third consecutive month, while year-over-year prices increased by 0.9 percent in March 2012 compared to the same month a year ago, according to CoreLogic’s HPI.”

Avoid these 10 money mistakes your parents made
MarketWatch | May 9, 2012
Not being a best-selling author, film star or U.S. senator, I won’t be giving commencement speeches this spring. But as I imagine myself at the podium in front of eager young college graduates, I know exactly what I would say.

Three Reasons Why Sellers Shouldn’t Be Present for House Showings
Fox Business | May 8, 2012
It’s the dreaded question real estate agents fear when speaking to the seller. “May I be present at the open house or showing?” (Another excellent article.  These are all also great reasons, among many others, to avoid trying to sell the home yourself. ~Anthony)

Big Delays in Mortgage Refinancing
The Wall Street Journal | May 8, 2012
Clogged mortgage pipelines have created headaches for hundreds of thousands of Americans trying to take advantage of low mortgage rates.

4% a Year Rise in U.S. Home Prices?
USA Today | May 8, 2012
Average U.S. home prices — down by a third since 2006 and still falling — will rise almost 4% a year for the next five years, according to a new forecast.

Why Aren’t We Building More Multifamily Houses?
The Washington Post | May 8, 2012
With a growing population and rising rents, a reasonable plan would be to build lots of rental housing.

EverBank Targets $1 Billion Mortgage Mark
HousingWire | May 8, 2012
EverBank Financial expects to grow its single-family business to $1 billion in mortgage commitments by the end of the year.

 

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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!

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Posted by on May 9, 2012 in Real Estate news

 

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