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Business Outlook Archive


Home Prices Edge Down in Big Cities

(MCT)—Home prices fell slightly across large U.S. cities in December from a month earlier, further evidence that the housing market cooled to close the year, according to a closely watched index. ...


House Prices End the Year Higher

Data from Standard and Poor’s indicates that house prices rose in December 2013. According to the release, the seasonally adjusted S&P/Case-Shiller HPI – 20 City Composite rose by 0.8 percent in December 2013. This is the 23rd consecutive month-over-month increase ...


Recovery Stretches to Ninth Consecutive Month; 89 Markets Reaching Full Recovery

A recently released market index shows significant improvement in the top 100 markets this month. Results show that 60 of the top 200 midsize markets have fully recovered their loss in home prices due to the housing bubble burst. These advancements bring ...


Commercial Real Estate Outlook Positive but Moderating

Market fundamentals in commercial real estate continue to improve but at a slower pace, according to the National Association of REALTORS® quarterly commercial real estate forecast. ...


Delinquency and Foreclosure Rates Decline to Lowest Level in Six Years

The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 6.39 percent of all loans outstanding at the end of the fourth quarter of 2013, the lowest level since the first quarter of 2008. The ...


Existing-Home Sales Drop in January While Prices Continue to Grow

Existing-home sales fell in January to the lowest level in a year-and-a-half, but ongoing inventory shortages continue to lift prices in much of the U.S., according to the National Association of REALTORS®. ...


New Survey: Consumers Believe Mortgages are Easy to Get

Just in time for the 2014 home-buying season, attitudes towards access to mortgage credit are improving and most Americans now believe it would be easy for them to get a mortgage, according to Fannie Mae’s January National Housing Survey. ...


Housing Gains Predicted for the Year

More modest gains are likely this year, according to the most recent Kiplinger Letter forecast. The national average of appreciation in home values is up 4 percent-4.5 percent, compared with a gain over 11 percent in 2013. ...


Report Shows Housing More Affordable for Working Households

The continuing economic recovery has improved housing affordability for low- and moderate-income working households, but housing costs are still a significant burden, especially to renters, according to a new report released today by the Center for Housing Policy, the research division of the National Housing Conference. Housing Landscape 2014 finds ...


Coming to America: More People Moved to U.S. from International Locations in 2013

The United States experienced an influx of people from international locations in 2013, with more household goods moves made to the U.S in 2013 than moves from the U.S., according to the International Migration Study recently released by UniGroup Relocation. ...


Spring Set Up to Be Buyers’ Market

National home values rose just 0.2 percent in January from December to a Zillow® Home Value Index of $169,600, the smallest monthly increase since May 2012, as more inventory of for-sale homes helped slow previously high rates of appreciation, according to the ...


Will Housing Take Gold?

Freddie Mac recently released its U.S. Economic and Housing Market Outlook for February showing that despite the Federal Reserve's taper activity, long-term rates have eased over the past month, providing a chance for some borrowers who are holding older mortgages an opportunity ...


New-Homes Market Continues to Play Leading Role in Real Estate Today, and Long into the Future

Scott MacDonald, real estate investor, real estate broker and owner of RE/MAX Gateway has received numerous accolades, including a nomination for REALTOR® of the Year and induction into the RE/MAX Hall of Fame and Lifetime Achievement. With more than 25 years of ...


Changes in Mortgage Servicing Industry: Top 3 Challenges Hindering Servicers

This year has been full of changes when it comes to mortgages. With new regulations and rules being introduced to the industry, mortgage servicing companies have been scrambling to keep up and move forward. ...


New Home Purchases Up Sharply in January 2014

MBA estimates that sales of new single-family homes were running at a seasonally adjusted annual rate of 543,000 units in January 2014, based on data from MBA’s Builder Applications Survey. ...


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