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Business Outlook Archive


Factors for Improving Home Sales

Nearly every factor generally associated with home sales has been turning for the better. We have more jobs, a growing population, rising rents, additional inventory choices, record-high household net worth, and exceptionally low mortgage rates. On top of these trends, ...


Quicken Loans Study Shows Appraiser and Homeowner Opinions in January Nearly Equal

Detroit-based Quicken Loans, the nation’s second largest retail mortgage lender, this week reported its Home Price Perception Index (HPPI) narrowed in January, showing that appraisers’ opinions of home values were only 0.18 percent higher than homeowners’ estimates, according to the index’s national composite. ...


Study: More People Drawn to Bright Lights, Big Cities

According to a report recently published by a new think tank, City Laboratory, more young professionals are opting for the cities over the suburbs. This has historically been the trend, but new data shows that this desire for urban real estate has skyrocketed ...


Nearly Half of Young Millennials Boomerang

Recent analysis of a survey of a segment of millennials, those born between 1980 and 1984, found that 90 percent moved out of their parents’ household by age 27. Of those moving out, however, over 50 percent returned. This return is sometimes referred ...


Facing the Future of the Internet Together

A Greek philosopher famously insisted that nothing is permanent except change. That statement couldn’t be truer today, especially in the real estate industry. Change is a double-edged sword: It creates new opportunities, but also introduces new challenges. ...


Builders Remain Confident in the 55+ Housing Market

NAHB’s 55+ Housing Market Index (HMI) shows that builders continue to feel positive about the market. The sentiment indices were higher year-over-year for all segments of the 55+market—single-family homes, condominiums and multifamily rental. The single-family index increased six points from the fourth quarter of 2013, to 54—the highest fourth-quarter reading ...


One in Four U.S. Foreclosures Are ‘Zombies’ Vacated by Homeowner

RealtyTrac® recently released its Q1 2015 Zombie Foreclosure Report, which found that as of the end of January 2015, 142,462 homes actively in the foreclosure process had been vacated by the homeowners prior to the bank repossessing the property, representing 25 percent of ...


New Study Finds Price Premium for Solar Homes

A study conducted by a team of researchers,  led by the U.S. Department of Energy’s Berkeley Laboratory, found that homebuyers are willing to pay more for homes that have installed solar photovoltaic (PV) energy systems. The research (Selling into the Sun: ...


Effective Rate on New Home Loans Continues Downward Drift

On average, the contract rate on conventional mortgages used to purchase newly-built homes, remained a constant 4.03 percent in December, according to data released yesterday by the Federal Housing Finance Agency (FHFA). However, initial ...


Ranked: Best U.S. Markets for Buying Residential Rental Property

RealtyTrac® recently released its Q1 2015 Residential Property Rental Report, which ranks the best markets for buying residential rental properties in the first quarter of 2015. The report also looks at which markets are seeing the biggest increases in rental rates in 2015 ...


Mortgage Rates Make First Weekly Gain of 2015

(TNS)—Fixed mortgage rates this week rose for the first time in 2015, with Freddie Mac’s widely watched survey pegging the 30-year conventional rate at 3.66 percent, up from 3.63 percent last week. ...


A More Robust Year for Housing in 2015

NAHB hosted an economic and housing outlook seminar at its International Builders’ Show in Las Vegas inviting Frank Nothaft, chief economist at Freddie Mac, and David Berson, chief economist at Nationwide Insurance, to join David Crowe to discuss the outlook for 2015. Here’s ...


Are You on Real Estate’s A-List? Numbers Coming in for 27th Annual Power Broker Survey

The numbers are coming in to RISMedia from several hundred of the nation’s top-ranking real estate firms, submitting their 2014 totals of closed transactions and sales volume to RISMedia’s Power Broker Survey. The Power Broker Survey is the industry’s most widely read ...


Millennials Seek Smaller Houses, but Won’t Sacrifice Details

As Millennials begin to enter the home buying market in larger numbers, homes will get a little smaller, laundry rooms will be essential, and home technology will become increasingly prevalent, says panelists during an International Builders’ Show press conference on home trends and ...


U.S. New Home Sales Jump 11.6% in December

Sales of new single-family houses in December 2014 were at a seasonally adjusted annual rate of 481,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 11.6 percent (±16.5%)* above the ...


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