Headlines in Real Estate for week ending January 4th 2013

With the new year comes new regulations aimed at protecting homeowners, the cliff avoided and much more. Here are the real estate headlines you may have missed.

New homeowner protections go into effect Jan. 1
San Diego Union-Tribune
The start of the new year brings more protections to California homeowners,
mainly those who are trying to save their properties from being repossessed. Read Full Story

Cliff avoided: Congress staves off tax hikes
San Diego Union-Tribune
Congress sent President Obama legislation to avoid a national “fiscal cliff” of middle class tax increases and spending cuts late Tuesday night. Read Full Story

Supply of “shadow” homes declines again
The Los Angeles Times
A new report by CoreLogic shows pending home supply declined again in
October.  This shadow inventory fell 12.3 percent from the year prior to
stand at 2.6 million units, or a supply of about seven months. Read Full Story

New law expands protections for those in military service
The Washington Post
While they are overseas protecting our country, military personnel often have problems meeting certain financial obligations at home, such as keeping current on their rent or mortgage obligations. Last August, President Obama signed a law that strengthened existing provisions aimed at preventing military personnel from losing their homes. Read Full Story

Pending home sales rise again in November
The Los Angeles Times
Pending home sales rose for a third consecutive month in November, indicating that demand for housing remains strong, according to the NATIONAL ASSOCIATION OF REALTORS®. Read Full Story

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About Daniel Di Matteo

Realtor at CENTURY 21 Award, Daniel was Voted U-T San Diego’s Best Real Estate Agent in 2014. A Husband, Father, and most recently, accomplished Blog writer, which explains your visit today.