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
Was this useful? Share or leave a comment below!
About Daniel Di Matteo
THE REAL ESTATE BUSINESS HAS LESS TO DO ABOUT SELLING PROPERTIES AND EVERYTHING TO DO ABOUT HELPING PEOPLE.
