TODAY'S TOP STORIES
NAR: Reconsider QRM definition
High downpayments under the proposed Qualified Residential Mortgage rule risk the fragile housing recovery. Read more.
Fla. economists review oil spill losses
Figuring out sales taxes, other revenue lost is part of state's effort to come up with reimbursement total for BP. Read more.
Commercial real estate investors optimistic
Many are actively pursuing deals amid signs the commercial industry's fundamentals are stabilizing, survey notes. Read more.
New home sales fell in May
Down 2.1% to seasonally adjusted rate of 319,000; median price up 2.6% from April to $222,600, says Commerce Dept. Read more.
Economic trouble puzzles Fed chief, too
Ben Bernanke: Weak housing market, bank problems "more persistent" than Fed thought; issues may go into 2012. Read more.
NOW YOU KNOW
Shadow housing inventory shrinks
It's fallen 18% from the peak; as of April, about 1.7M U.S. homes were in the foreclosure process, CoreLogic reports. Read more.
Reprinted with permission. Florida Realtors®. All rights reserved.