The Daily Hot Sheet of Top Real Estate News
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Monday, August 24, 2015
TODAY'S TOP STORIES
Credit unions gaining ground with buyers
A TransUnion study found that more and more buyers are turning their backs on traditional banks and opting to get a mortgage from their credit union. Read more.
Buyers who want new construction need patience
Census Bureau: Buyers who want a new home have to wait about seven months after they sign a contract - one month longer than they did two years ago. Read more.
Real estate Q&A: Landlord wants rent paid in cash
A landlord's lease states that rent must be paid in cash because the landlord doesn't want to report the income. The renter wants to know if this is okay. Read more.
Who needs .com? Domains like .pr, .nyc are trending
When domain names like ".realtor" came out, many people worried that anything other than ".com" would stumble - but consumers don't seem to care. Read more.
Millennials find it cool to move in with Mom, Dad
In bygone years, a young adult's first home was a right of passage, and they were encouraged to move forward. But millennials see things differently. Read more.
NOW YOU KNOW
Messaging apps new must-use for millennials
49% of smartphone users ages 18 to 29 use a messaging app thanks to data limits on their phone plans. Texts may cost money but messaging only needs free Wifi. Read more.
Make a note of it
Florida Realtors Board of Directors actions
The association's Board of Directors met Sunday, the last day of Florida Realtors' annual convention. Their actions are now available online (password required).
AROUND FLORIDA
Avon Park: Commissioners pass affordable housing funding
Tampa Bay: Home sales have sizzled over the summer
Orlando: Rising rents help revive home construction
Broward County: Median price here hits post 2008 peak
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