The Daily (041516) Hot Sheet of the Top Real Estate News Trending Now
Average rate on 30-year mortgage slips to 3.58%
The average FRM edged down to its lowest level of the year this week thanks, in part, to the Fed's indication that it wouldn't raise interest rates anytime soon. Read more.
Short-term rentals? No such thing as easy money
Real estate Q&A: A condo owner discovered that his tenant makes extra money by renting out a bedroom occasionally. Does the owner have any rights? Any liabilities? Read more.
The 1960's ranch home? It's back
In some areas, demand is high for one-story homes, but there are fewer listings because builders have been constructing more two-story homes on smaller lots. Read more.
Buyers need a Realtor to compete in seller's market
Potential homebuyers will have more trouble finding a Fla. home thanks to a meager 4.5-month listing inventory - and they should expect a bidding war if they do. Read more.
More luxury-home sellers drop asking prices
In a year-to-year comparison, twice as many $5M-plus home listings cut their asking price in Jan. as the high-end market hits its peak, according to realtor.com. Read more
3 steps for calming clients' fears
If a buyer or seller appears calm, it's probably an act. Home sales are as stressful as a death or marriage, and it's important to help clients emotionally. Read more
Panama City: Commission pushes back on Shell Island
Fort Lauderdale Beach: Condo project begins construction
Tampa: Fla. Attorney General's office investigating property company
Palm Beach: Former Kluge estate sells for $39M
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