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Business Outlook Archive


Home Prices Jump in Largest U.S. Cities, but Pace Slows

(MCT)—Home prices in the nation’s largest metro regions posted strong gains in September, although the pace of those increases slowed in most cities, according to a leading gauge. ...


Residential Building Permits Reach 1 Million, a 5-Year High

(MCT)—The number of U.S. residential building permits issued in October surpassed 1 million, the highest level in five years, the Commerce Department reported Tuesday. ...


HUD Awards Millions to Next Generation of Housing

U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan recently announced that nine communities across the U.S. will receive Choice Neighborhoods Planning Grants. The $4.37 million awarded today provides these communities the resources they need to craft comprehensive, community-driven plans to revitalize ...


New Mortgage Disclosure Forms to Roll Out in August 2015

(MCT)—The federal government’s consumer financial watchdog will require lenders to issue shorter, easier-to-understand mortgage disclosure forms to home buyers that more clearly show the costs and terms of the loans. ...


California Pending Sales Higher in October

California pending home sales reversed a two-month decline to post higher in October, but were down from a year earlier, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported recently. ...


Strong Multifamily Sector Pushes Building Permits above 1 Million in October

Issuance of new building permits rose 6.2 percent to a seasonally adjusted annual rate of 1.034 million units in October due primarily to a double-digit increase on the multifamily side, the U.S. Census Bureau reported today. ...


Eight Secrets Every Real Estate Agent Needs to Know for a Successful 2014

Real estate sales tend to slow down around the holidays, but if your goal is to increase your brokerage’s profitability in 2014, the end of the year is vital to your team’s success. Set the scene for a prosperous 2014, by encouraging ...


Don’t Let Fall Slow You Down

While you’re reading this post catching up with the real estate world, it’s possible that a lot of your competition is off the clock. They’re not making calls, not sending out marketing pieces, not scheduling an open house or tracking down “For ...


Miami Real Estate Double-Digit Price Appreciation Continues

Regional Spotlight—October marked the 23rd consecutive month where Miami’s home prices appreciated compared to year-ago figures, according to a new report from the 30,000-member MIAMI Association of REALTORS® and the local Multiple Listing Service (MLS) system. The median sales price for a Miami home in October was $220,000, a significant ...


2014: The Emerging Purchase Market

Freddie Mac recently released its U.S. Economic and Housing Market Outlook for November showing that the major shift for the coming year will be a transition from a refinance-dominated mortgage market to the first purchase-dominated market the industry has seen since 2000. ...


October Housing Data Stretched Summer Demand into October

October witnessed solid price increases, steady inventory and strong demand continuing well into the fall, according to realtor.com®’s data ...


Multifamily Market off Recent Peak, but Still Positive

The Multifamily Production Index (MPI), released recently by the National Association of Home Builders (NAHB), reached 54 in the third quarter, seven points lower than a spike in the second quarter but the seventh consecutive reading above 50. ...


Realtor.com® Issues Winter Home Buyer Report

Twenty-nine percent of all-cash homebuyers planning a purchase in the next four months are downsizers ...


Land Value Tax: An Alternative to the Property Tax

An alternative to the local property tax, the land value tax offers certain benefits over the economically inefficient property tax. However, its novelty and legal and political challenges continue to make it an elusive option at this time. ...


Home Prices Continue Rising, Sales Steady

RE/MAX Releases National Housing Report on 52 Metro Areas ...


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