Real Estate News – May 16, 2011



The commercial market’s rebound is starting to extend beyond just coastal regions and into secondary markets as credit availability continues to improve, Bloomberg News reports (via REALTORMag): http://bit.ly/jKhyrg


Builder confidence in the housing market remained bleak in May, as distressed homes flooded the market, weighing down demand for new construction (via thehill.com): http://bit.ly/l1FU82


The U.S. Supreme Court asked the Obama administration for its views Monday on a case that examines when mortgage lenders can be sued for charging fees to borrowers when the lender offers no service in return (via online.WSJ.com): http://on.wsj.com/lUStCS


The repercussions of the biggest economic downturn since the Great Depression continue to ripple through multifamily and commercial property markets, and real estate agents and brokers helping their clients manage their investments need to stay on top of economic, regulatory, and legislative issues affecting lending, tax policy, health care and energy (via inman.com): http://bit.ly/kVSLr6



 

Posted in Blog, Real Estate Law