– Rental payment histories may count in credit scores Two of three big credit agencies, Experian and TransUnion, may soon include on-time rent payments in their credit scores. But renters have other options too. Some bulk investment homebuyers starting to sell A few years ago, institutional buyers bought homes...
– Move Inc. hires realtor.com’s first chief economist The position will give realtor.com more high-profile media exposure and help it compete against Zillow and Trulia, which have their own chief economists.
– Pending home sales surge in May The number of homes under contract rose 6.1%. It’s the largest month-over-month gain since April 2010 when a first-time homebuyer credit expired. New Florida laws go into effect tomorrow A number or signed bills become effective July 1, including help for the...
– Millennials key to stronger housing recovery Harvard report: Who are the next homebuyers and renters? Minorities will drive 76% of net growth, but young adults may be big if they can ever afford to move out. HUD settlement costs real estate agency $24K A fair housing investigation in...
– Citizens delays expansion of clearinghouse The clearinghouse will compare private insurance policy rates to Citizens Ins. rates when a homeowner renews, but the new procedure is delayed until Nov. 1. Fla. is home to 1/3 of U.S. zombie foreclosures The state has a high percentage of the nation’s...
– Signs of a suburban comeback During the recession, America’s urban areas seemed poised for growth. But the latest Census figures suggest that more and more people again prefer the suburbs. U.S. House passes water resources bill The Senate is expected to confirm the move that funds nine Fla....
– Apartment owner cited for avoiding deaf tenants HUD: A N.C.-based owner of 64K homes in 15 states agreed to settle over an alleged failure to serve callers using IP phone systems equally to non-deaf callers.
– BuyOwner.com CEO uses a Realtor to sell his own home Owner Al Bennati is selling a $3.78 million mansion in St. Petersburg, and a home “of this magnitude … was never the market for BuyOwner.” Selling a home? Talk to the children A new Harris Poll study finds...
– Realtors say good things about commercial real estate Analysts say a commercial real estate recovery – a lagging indicator – suggests that the broader economy is strengthening as it rebounds from the recession.
– NAR backs changes in foreign investment taxation There’s a move in Congress to tinker with FIRPTA and shield more foreign investors’ real estate investment income from taxation.
