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Business Outlook Archive


Home Selling Season Starts Strong

In February, both home sales and prices rose higher than a year ago. After a decisive housing turnaround in 2012, this year looks to improve on recovering market trends. With data representing 52 metropolitan areas, the February RE/MAX National Housing Report shows home sales 2.3 percent greater than February 2012 ...


Eye on the Economy: Low Inventories Driving Permit Growth

While recent economic reports suggest that home building took a pause at the beginning of 2013, leading indicators point to more growth for housing in the months ahead. ...


January Home Prices Rise 0.3 Percent

The latest FNC Residential Price Index® (RPI) indicates that U.S. property values continued to recover through January—the 11th consecutive month of rising prices. Despite the uneven pace of price gains across different geographical markets, there are clear signs that the housing ...


In New York, Confidence Ticks Up

Regional Spotlight--According to a monthly survey of real estate brokers by The Real Estate Board of New York, brokers remained confident in the market in February 2013, with increased confidence indexes for both the residential and commercial markets compared to last month. The Real Estate Market Overall Confidence Index for ...


Pocket Listings: Helpful or Harmful?

Pocket listings—listings sold outside of the MLS—are gaining heat inside the real estate industry. Far from a new concept, they are one of real estate’s biggest in-house controversies, with professionals from across the country taking different stances as to whether or not they help or hinder the market. ...


What’s for Free Lunch Today?

It’s been a long time since the original “free lunch” prompted economists to remind us there’s no such thing as one. Saloon patrons in the late 19th century were often treated to a free meal in exchange for a drink. In ...


Documentary Co-Produced by Broker Exposes Foreclosure Devastation in Low-Income Hispanic Neighborhood

The new documentary Home exposes the decline and devastation of the foreclosure crisis in the west Phoenix neighborhood of Maryvale. Filmmaker Gail Buck, founder of the nonprofit Project Maryvale, a community activist and one of the state’s leading real ...


Freddie Says: Mortgage Rates Steady

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates largely holding steady from the previous week, remaining near their 65-year record lows, and continuing to provide support for the housing recovery. ...


Boomerang Buyers Making a Comeback

(MCT)—Andreea Stucker thought she made a good investment when she bought a Huntington Beach, Calif., condo with her boyfriend in December 2005. ...


Americans Expect Home Prices and Mortgage Rates to Increase

Consumer attitudes toward the economy and housing continue to diverge this winter, according to Fannie Mae’s February 2013 National Housing Survey results. On the one hand, consumers continue to express strong positive attitudes toward housing. On the other hand, sentiment about the economy and household finances is stalled. Average 12-month ...


ASF Outlines Fannie, Freddie Mortgage Securities Merger

The American Securitization Forum has detailed possible ways regulators could merge mortgage-backed securities offered by Fannie Mae and Freddie Mac in order to close the pricing gap between the two. ...


The Good, Bad and Ugly: Social Media’s Impact on Your Brand

(eM+C)—There's no denying that social media has taken the world by storm. Facebook, LinkedIn and Twitter boast millions of users. Social media is a huge engagement, staffing, retention and, increasingly, branding tool. It's at the foundation of what I call tri-branding — i.e., when companies use social media to link ...


Home Prices Expected to Rise at least 3.3 Percent Annually through 2017

The housing recovery is expected to grow at an annualized rate of 0.6 percent through the third quarter of this year, then gain momentum and prices are projected to grow 3.7 percent between the third quarters of 2013 and 2014 until ...


February’s U.S. Home Prices Signal Solid Start to Spring Buying Season

Clear Capital recently released its Home Data Index(TM) (HDI) Market Report with data through February 2013. Using a broad array of public and proprietary data sources, the HDI Market Report publishes the most granular home data and analysis earlier than nearly any other index provider in the industry. ...


Price, Proximity to Work and Design Are Key Concerns for Home Buyers

Price and proximity to work are key concerns for first-time home buyers, while trade-up buyers tend to be most focused on the design of the home and the neighborhood, according to “Characteristics of Home Buyers,” an analysis of the recently released 2011 American Housing Survey (AHS) by the National Association ...


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