Daily Hot Sheet Of Top Real Estate News Trending Now
Thursday, September 24, 2015
TODAY'S TOP STORIES
New-home sales surge 5.7% in Aug., a 7-year high
It's the strongest pace since Feb. 2008, and it follows a 12% jump in July. Homebuilders' surveys find they're more optimistic than they've been in a decade. Read more.
Baby boomers behind the multifamily surge?
From 2007 to 2013, young adults drove demand for multifamily housing. But no more. Currently, older adults age 50 to 59 are taking over. Read more.
Facebook brings 360 videos to news feed
Soon listing videos posted to Facebook could almost literally "pop." The new tool will allow buyers to explore a home by moving their mouse where they want to go. Read more.
Study: Tighter mortgage rules haven't hurt
In Jan. 2014, U.S. law made it harder to get approved for a mortgage. But a Fed study finds that the change had little overall impact on the real estate market. Read more.
Competition for listings may be due to buyers' age
Underwater mortgages, foreclosures and more have been blamed for a tight listing market, but a big reason could simply be changing U.S. demographics. Read more.
NOW YOU KNOW
Agents can no longer ignore 'smart home' listings
It's a numbers game: As more listings claim to be "smart homes," agents must be prepared to explain what that upgrade would mean for their buyers. Read more.
Make a note of it
A lapsed RE license could nix your commission
Some Fla. brokers check license numbers before closings - if one is expired, they don't have to pay a commission. After Oct. 3, it may be standard practice. Check now.
AROUND FLORIDA
Brevard County: Where is the area headed in the future?
Orlando: Home sales activity near top for state
Bradenton: Deadline to be set for developer of Save-A-Lot property
Palm Beach County: Why are home sales leveling off?
Southwest Florida: Traditional homebuyers are back
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