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Business Outlook Archive


Zillow Group Announces Sale of Market Leader to the Perseus Division of Constellation Software

Zillow Group (NASDAQ: Z and ZG) announced Thursday the pending sale of Market Leader to the Perseus Division of Constellation Software, Inc., an international provider of market-leading software and services, for $23 million USD. The sale is expected to close early in the fourth quarter. ...


Are REOs in Vogue Again?

Once a stain on housing, REOs and short sales are a reminder of the legacy of the housing downturn. Investors, seeking discount prices, transformed what was once undesirable into fashion-forward, instant cash flow in key markets. While in other markets, distressed inventory still ...


The New Scope of NAHREP

Gary Acosta has an ambitious goal for his organization—one he has no doubt will be achieved. ...


Natural Disaster Housing Risk Report Offers Interesting Real Estate Insight

Some 35.8 million U.S. single family homes and condos with a combined estimated market value of $6.6 trillion are in counties with high or very high natural hazard risk, according to RealtyTrac®’s recently released 2015 U.S. Natural Disaster Housing Risk Report. Those 35.8 ...


Human Judgement Required for Real Estate Industry Insight, Predictions

There is no single statistic that reliably identifies when a housing market is overvalued or when house prices are likely to fall, says Freddie Mac’s recently released monthly Insight & Outlook for August. Instead, substantial human judgment is also ...


July Gains for Residential Construction Spending

Total private residential construction spending for July continued to increase, rising to a seasonally adjusted annual rate of $387 billion, according to NAHB analysis of Census Construction Spending data. On a month-over-month basis, private single-family spending was $218 billion, up by 2.1 percent ...


Consumer Confidence Hikes in August

Despite the August increase in overall confidence, respondents’ appraisals of current conditions and expectations for the next six months were mixed. While 82 percent of respondents rated current business conditions “good” (23 percent) or “normal” (59 percent), 56 percent of respondents characterized employment ...


Market Shifts to Buyers’ Advantage

Recent stock market volatility and seasonal trends may give buyers better financial options and more time to make purchase decisions entering the fall, says Jonathan Smoke, chief economist for realtor.com. August data remains positive with regard to overall housing health as both demand and ...


Top 300 Markets Slow Progress to Full Price Recovery

Homes.com® recently released its June 2015 Local Market Index, a price performance summary of repeat sales in the top 100 markets, and the companion Midsize Markets Report for the next 200 largest markets. Among the nation’s top 300 ...


Pending Home Sales Inch Forward in July

Pending home sales were mostly unchanged in July, but rose modestly for the sixth time in seven months, according to the National Association of REALTORS®. ...


Home Values Slide after Nearly Four Years of Growth

The housing market is slowing down, with home values seeing the first negative monthly change since the market began its recovery nearly four years ago, according to the Zillow® July Real Estate Market Reports. ...


NAR Broker Tip of the Month: CFPB Releases New TRID Tools

On August 14, 2015, the Consumer Financial Protection Bureau (CFPB) released a new online toolkit to help real estate professionals understand the new TILA-RESPA Integrated Disclosure (TRID) rule and how to explain those changes to their clients. ...


Home Prices Continue to Accelerate

S&P Dow Jones Indices recently released the latest results for the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices. Data released for June 2015 show that home prices continued their rise across the country over the last 12 months. ...


Study Finds Racial Disparity Exists between What Borrowers Pay for Mortgages

Racial disparity in mortgage rates is widespread between black and white borrowers, according to a newly published study which found more financially vulnerable black women suffer the most. ...


Foreign Investors Rush to Snap up U.S. Housing

Wealthy, very nervous foreigners yanking their money out of their countries while they still can and pouring it into U.S. residential real estate, paying cash, and driving up home prices—that’s the meme. But it’s more than a meme as political ...


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