The Daily (052716) Hot Sheet of Top Real Estate News Trending Now
By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Coldwell Banker Access Realty)
The Daily (052716) Hot Sheet of Top Real Estate News Trending Now NAR: Pending home sales at a 10-year highConsumers are buying homes. NAR's monthly gauge of homes under contract rose for the third straight month in April to a level not seen since Feb. 2006. Read more.30-year mortgage rate rises to 3.64%While fixed mortgage rates remain well below year-ago levels, the Fed's announcement about a possible June interest rate increase nudged mortgage rates higher. Only 10% of experts polled except a drop over the short term. Read more.Single men's home values increased more than women'sRealtyTrac: Homes owned by single men, on average, are valued 10% more (In Fla. it's 12%) and have appreciated 16% more than homes owned by single women. Read more.Landlord may be liable for damage but not h...
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