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The Daily 071715 Hot Sheet of Top Real Estate News Trending Now

By Winston Heverly

Real Estate Agent with Coldwell Banker Access Realty 433494

July 17, 2015 12:17 PM

The Daily Hot Sheet of Top Real Estate News

Trending Now

Friday, July 17, 2015

TODAY'S TOP STORIES

June home starts surge - highest pace in 28 years

A 9.8% jump in home starts beat analysts' expectations. However, builders appear to be betting on renters. Multifamily starts rose 28.6%; single-family fell 0.9%. Read more.

Average rate on 30-year mortgage up to 4.09%

The FRM hit an all-time high for this year as investors' fears subsided. However, half the experts polled this week predict little change over the short-term. Read more.

NAR: Realtors handed win in patent troll suit

A federal circuit court of appeals affirmed a lower court's ruling that Move Inc., NAR and NAHB did not violate patents in their online property listings. Read more.

FHA loans to boost affordable housing development

Smaller investors could find it easier to fund affordable housing projects in the $3- to $5-million range, thanks to a new FHA long-term fixed-rate loan product. Read more.

Scammers hijack emails and steal downpayments

They steal passwords, monitor transactions and, days before closing, email instructions that direct buyers to send downpayment money to a fraudulent bank account. Read more.

NOW YOU KNOW

Move beyond 'surface' networking

Today's real estate market requires agents to go beyond social media, business card exchanges and "what can you do for me" networking. Read more.

Make a note of it

As households change, your buyers change

What will homebuyers look like in 2020? The U.S. Census Bureau released its latest study on living arrangements, and parent-child households continue to lose traction.