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The Daily 052615 Hot Sheet of Top Real Estate News Trending Now

By Winston Heverly

Real Estate Agent with Coldwell Banker Access Realty 433494

May 26, 2015 02:10 PM

The Daily Hot Sheet of Top Real Estate News trending Now

Tuesday, May 26, 2015

TODAY'S TOP STORIES

New-home sales jump 6.8% in April

A higher-than-expected spike suggests builders have picked up production as buyers, frustrated by a lack of resale inventory, turned their focus to new housing. Read more.

NAR: Modest growth expected in commercial markets

A stronger labor market and increasing household formation should keep commercial real estate demand on a gradual incline, according to NAR's latest forecast. Read more.

U.S. consumer confidence edges up in May

Confidence rebounded slightly this month to 95.4 from 94.3 as the job market improved, but it's up substantially year-to-year: It was 82.2 in May 2014. Read more.

Congress urges slower enforcement of mortgage rules

NAR has asked the nation's consumer bureau to ease enforcement of new mortgage rules that go into effect Aug 1. Last week, Congress did the same. Read more.

Concerns raised over transgender tenants

Utah law now bans housing discrimination against transgender tenants, but the change has confused some landlords, especially those that offer student housing. Read more.

MAKE A NOTE OF IT

Tips for nailing an elevator speech

You have 60 seconds to explain what you do for a living and include something so enticing that the listener wants to contact you later. What do you say? Read more.