Spring Is In The Air & So is Housing!

According to several mortgage publications the upcoming spring home-selling season could be the strongest in years and may foreshadow which markets will lead a battered housing industry in an anemic recovery, economists say. Many say that this spring will be a true test for housing demand.

The spring season typically runs March through June, but because of a very mild and unseasonable warm winter around the country it may have started earlier, getting buyers on board earlier than normal.
While last year was dismal for existing home sales, this year is looking better already. Existing home sales in February were up 9% from the same time a year ago, as was the Pending Home Sale Index, which reflects signed contracts leading to sales, says the National Association of Realtors.
Let’s just hope that the amount of early buyers doesn’t top the amount of buyers and home sales this spring.

Happy Spring House Hunting

IDS Adds Molly Terry as Western Regional Sales Director

IDS has hired Molly Terry as its western regional sales director, covering Alaska, Arizona, California, Colorado Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Washington and Wyoming.

IDS hired Terry both to manage growing demand for the IDS mortgage document preparation software, idsDoc, and also to fortify internal IDS expert resources.

"Document preparation providers remain relevant and critical in this new era of intensive regulatory oversight and scrutiny, where changes occur on an almost daily basis," said IDS Executive Vice President Mark Mackey. "Not surprisingly, lenders are finding it difficult to keep up with these changes, and are understandably concerned that their mortgage documents may not comply with the most current requirements."

"Molly's extensive knowledge and experience in the mortgage industry, combined with her business relationships, personality and work ethic, make her a great asset and valued addition to the IDS team," Mackey added.

With 12 years' experience in the mortgage industry, Terry has worked with technology providers using data-driven document distribution, collaboration and connectivity services for the mortgage banking and title industries.

"It is a privilege to join the IDS team," said Terry. "Now more than ever, lenders need a document preparation provider they can rely on to ensure their documents' compliance. IDS' secure, compliant and cost-effective tools, plus the unmatched expertise of its client service team, meet that need."

Welcome to the IDS team Molly!