Posts Tagged ‘United States’

Consumer confidence slips in January

The Washington Post

The Conference Board said Tuesday that its Consumer Confidence Index is at 61.1, down from a revised 64.8 in December.

Read the full story
http://www.washingtonpost.com/national/consumer-confidence-slips-in-january-by-about-3-points-amid-worries-about-income/2012/01/31/gIQA8p63eQ_story.html

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Home seizures may jump 25 percent this year

The San Francisco Chronicle

Banks may seize more than 1 million U.S. homes this year after legal scrutiny of their foreclosure practices slowed actions against delinquent property owners in 2011, RealtyTrac said.

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http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2012/01/12/BUPF1MOFAU.DTL

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Tip of the Week: Unexpected IRS refund

If you receive an unsolicited email that appears to be from the IRS requesting that you file a “tax refund request,” do not fall victim to this identity theft scheme.

Numerous people are receiving unsolicited email informing them that a $9,390.55 IRS tax refund is due to them if they complete a tax refund request form. The email code will be forged to appear as if it originated from a trusted source, usually the IRS or an IRS tax preparer, but viewing the “message header” or “message source” will reveal its origin to be something else, and the link will not lead to a trusted domain, but one controlled by identity theft criminals.

If you file a tax return and a refund is due, you will automatically receive your refund. You will never be contacted by the IRS, and there is no tax refund request form. Never disclose personal information to any unsolicited inquiry, as compelling as the story may be.

If you have questions or concerns about any IRS tax refund you may have due, you should access the official IRS “Where’s My Refund” online application at the following destination: http://www.irs.gov/individuals/article/0,,id=96596,00.html.

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Fast Facts

Calif. median home price: November 2011: $280,960 (Source: C.A.R.)
Calif. highest median home price by region/county November  2011: Marin: $736,410 (Source: C.A.R.)
Calif. lowest median home price by region/county November 2011: Madera: $103,330 (Source: C.A.R.)

Calif. Pending Home Sales Index: November 2011: 109.8, an increase of 11 percent compared with the prior year.

Calif. Traditional Housing Affordability Index: Third quarter 2011: 52 percent (Source: C.A.R.)

Mortgage rates: Week ending 1/5/2012 30-yr. fixed: 3.91% fees/points: 0.8% 15-yr. fixed: 3.23 fees/points: 0.8% 1-yr. adjustable: 2.80% Fees/points: 0.6% (Source: Freddie Mac)

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California pending home sales drop in November

Housingwire

Pending home sales in California declined from October to November, but grew over last year, the CALIFORNIA ASSOCIATION OF REALTORS® reported last week.

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http://www.housingwire.com/2011/12/21/california-pending-home-sales-drop-in-november-2

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