Personal Finance Daily: Short sales may be better for owners and buyers

Personal Finance Daily MARCH 06, 2012 Tuesday's Personal Finance Stories By MarketWatch Don't miss these top stories: Harder for noninvestors to buy foreclosures Why investors should trade more Insiders as bearish now as last April White House unveils mortgage-relief plan As it become more risky and expensive to foreclose on distressed properties, lenders are changing their strategies when it comes to foreclosure sales, Amy Hoak writes. That's making it harder for buyers other than investors — people who plan to actually live in the homes they buy — to purchase foreclosures. They might have better luck with short sales. Read more in Amy's Home Economics column. Also, MarketWatch investment editor Jonathan Burton has a contrary take on the buy-and-hold strategy. He writes in his latest Life Savings column that patience is usually an investor's ally, yet in an age where attention spans are measured in milliseconds, sometimes it pays to pay attention to short-term returns — and act on them. — Anne Stanley , managing editor, Personal Finance Harder for noninvestors to buy foreclosures It's getting harder for buyers other than investors to snap up foreclosures in some parts of the country, as lenders shift their strategies on how to deal with distressed inventory. Read more: Harder for noninvestors to buy foreclosures. INVESTING Why investors should trade more At a time where attention spans are measured in milliseconds, sometimes it pays to pay attention to short-term returns, writes Jonathan Burton. Read more: Why investors should trade more. Insiders as bearish now as last April Corporate insiders are still selling shares of their companies at a well-above-average pace, and the bearishness is rising, reports Mark Hulbert. Read more: Insiders as bearish now as last April. ECONOMY & POLITICS White House unveils mortgage-relief plan President Barack Obama will announce plans to cut the cost of refinancing for homeowners with mortgages backed by the Federal Housing Administration, in the latest effort to spur a recovery in the housing market. Read more: White House unveils mortgage relief plan. The lessons Michigan holds for Ohio primary Mitt Romney enters Super Tuesday with momentum from his win last week in Michigan that will attract Republican primary voters, but conservatives in the prize state of Ohio could support Rick Santorum, experts say. Read more: The lessons Michigan holds for Ohio primary. Economic policy is hurting the economy Monetary and fiscal policies are not as stimulative as they appear. Indeed, by some measures, they are actually slowing the pace of economic growth, writes Irwin Kellner. Read more: Economic policy is hurting the economy. Jitters grow over Greece debt swap Greece continues to give investors headaches as they await the outcome of a crucial bond swap. Read more: Jitters grow over Greece debt swap. Get the latest news on our mobile site: http://www.marketwatch.com/m MarketWatch has sent you this newsletter because you signed up to receive it. To ensure you receive this newsletter in the future, please add marketwatchmail.com to your list of approved senders. Sent to: kumaresan.selva.blogger@gmail.com Unsubscribe | Subscribe Copyright 2012 MarketWatch, Inc. All rights reserved. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. By using this site, you agree to the Terms of Service and Privacy Policy (updated 6/26/07). MarketWatch - Attn: Customer Service, 201 California St., San Francisco, CA 94111