Real Estate News… you can use.

The Wall Street Journal

What happened to the government’s short sale program?
In April, the Obama administration formally rolled out a new program, called Home Affordable Foreclosure Alternatives, that was designed to spur more short sales, where banks allow homeowners to sell their homes for less than the mortgage debt outstanding.

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Unemployed? You can get an extra free credit report
Here's one benefit for the unemployed that Congress isn't about to cut off: If you're out of work, you can get an additional free credit report each year.

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Los Angeles Times

A housing recovery in 2011? Experts are divided
Economists, analysts, and real estate experts are nearly evenly split on the prospect of a rebound.

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The Wall Street Journal

U.S. mortgage delinquency rate could fall to 5 percent in 2011
The percentage of U.S. consumers who are delinquent on their mortgages could fall to about 5 percent by the end of 2011, from an expected 6.2 percent at the end of this year, according to a leading credit bureau.

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 San Diego Union-Tribune

Housing recovery after 2012, consumers says
Nearly 60 percent of Americans believe the housing market won’t recover until 2013 or later, according to a survey released Tuesday by Trulia.com and RealtyTrac.

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The Wall Street Journal

Housing still awaits its happy ending
The economy and consumers are looking a bit perkier these days.  Housing, not so much.

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Los Angeles Times

Greater oversight of reverse mortgages urged
With demand rising for reverse mortgages, senior citizens are particularly at risk of being misled and should be protected by greater government oversight of the industry, according to a report by Consumers Union and two California advocacy groups.

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San Francisco Chronicle

Consumer confidence in Nov. hits 5-month high
A monthly survey shows Americans’ confidence in the economy rose in November to the highest level in five months amid more hopeful signs.

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Dawn Boquet | Broker Associate

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