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Business Outlook Archive


More American Households Doubling Up as Rents Rise

An increasing number of American adults are moving in together to share expenses as rental rates continue to outpace income, according to a new Zillow analysis. ...


Where Is the Custom Home Market Share Highest?

New NAHB research reveals significant regional differences in the share of custom homes started in 2013. The analysis finds that the Northeast and East North Central parts of the nation have the highest market shares. ...


Excessive Lending Standards Still Affecting Home Sales

Tight mortgage lending standards continue to affect sales for single-family builders across the nation, according to a survey released by the National Association of Home Builders (NAHB). Well over half of the single-family builders surveyed indicated that lending standards were “tight” or “very tight,” while only 11 percent indicated that ...


Applications for New Home Purchases Unchanged in September

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for September 2014 shows mortgage applications for new home purchases remained unchanged relative to the previous month. ...


Home Equity Lines of Credit Jump 21 Percent through First Half of 2014

RealtyTrac® (www.realtytrac.com), a leading source for comprehensive housing data, has released its first-ever U.S. Home Equity Line of Credit Trends Report, which found that in the 12 months ending June 2014 a total of 797,865 Home Equity Lines of Credit (HELOCs) were originated nationwide, up 20.6 percent from ...


Millennials to the Front

Millennials sometimes get a bad rap. The generation born roughly between 1982 and 2005 has been called everything from ‘lazy’ to ‘entitled.’ Some say they never grow up or move out of their parents’ basements and blame them for the lack of a ...


Consumer Confidence Remains a Hardship on Stabilizing Market

Clear Capital recently released its Home Data Index™ (HDI) Market Report with data through September 2014. Using a broad array of public and proprietary data sources, the HDI Market Report publishes the most granular home data and ...


America’s Lost Equity Comes Home

In the dark months from 2007 to 2009, home values were in free fall and millions of homeowners lost equity in their homes.  America lost 12.7 trillion dollars’ worth of homeowners’ equity during those years, equal to more the three quarters of the national Gross Domestic Product. ...


Move, NAR Execs: News Corp Acquisition will Create ‘Multiplier Effect’ for realtor.com®

Editor’s Note: Following the big news Tuesday that massive media empire News Corp acquired Move, Inc., RISMedia spoke with Steve Berkowitz, Move CEO, and Bob Goldberg, president and CEO of the Real Estate Information Network (RIN) and NAR senior vice president, Sales & ...


Only 10.7 Percent of All Mortgaged Homes Still Underwater

Nearly 950,000 homes returned to positive equity in the second quarter of 2014, bringing the total number of mortgaged residential properties with equity in the U.S. to more than 44 million. ...


Rupert Murdoch’s News Corp Acquires Move, Inc. for $950 Million Cash Deal

News Corp and Move, Inc. announced Tuesday that News Corp, the massive media empire owned by Rupert Murdoch, has agreed to acquire leading online real estate business Move, Inc. for $950 million in an all-cash tender offer. ...


Report: Housing Market Shows Signs of Slowing

Homes.com® recently released its July Local Market Index, a price performance summary of repeat sales in the top 100 markets, and the companion Midsize Markets Report for defined areas ranked from 101-300. Among the nation’s top 100 largest markets, 84 increased their three-month ...


An Open Letter to the Industry from Move Chairman and CEO on the News Corp Acquisition

Move Chairman Joe Hanauer and CEO Steve Berkowitz issued the following open letter this morning following the announcement of News Corp acquiring Move, Inc. ...


Breaking: News Corp to Acquire Move, Inc.

News Corp and Move, Inc. announced today that News Corp has agreed to acquire leading online real estate business Move. Move has an exclusive, strategic relationship with the National Association of REALTORS® (NAR) and NAR has given its consent to the acquisition. ...


Pending Home Sales Fall Slightly in August

Pending home sales slowed modestly in August but contract signings remain at their second-highest level over the past year, according to the National Association of REALTORS®. All major regions experienced declines except for the West, which rose for the fourth consecutive month. ...


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