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Business Outlook Archive


Gen Y Is Ready to Buy — Are Agents Ready to Work with Them?

2013 is going to be the year of the first time homebuyer. With home prices rebounding, the job market stabilizing, and mortgages more affordable than ever, the next wave of home buyers are ready to act. This will be the first ...


Florida Markets Still the Best Places to Buy Foreclosures

Hot foreclosure markets have come and gone over the past seven years but one thing seems to stay the same. The markets with the most and the cheapest foreclosures are still located in Florida. ...


U.S. Home Prices Show Strong Growth in November

(MCT)--A leading measure of home prices in the biggest American cities posted strong year-over-year growth in November. ...


Exterior Replacement Projects Provide Biggest Return on Investment for Homeowners, Say REALTORS®

Homeowners looking for the most return on their investment when it comes to remodeling should consider exterior replacement projects. According to the 2013 Remodeling Cost vs. Value Report, REALTORS® rated exterior projects among the most valuable home improvement projects. ...


Completed Mass. Foreclosures Decline In 2012

Regional Spotlight—The number of completed foreclosures in Massachusetts dropped by almost 13 percent in 2012 to 7,424, down from 8,531 in 2011, according to the latest report from The Warren Group, publisher of Banker & Tradesman. ...


TD Bank Adds Choice for Home Buyers with “Right Step” Mortgage Program

TD Bank has announced that it is now offering “Right Step,” a mortgage product built for home buyers in TD Bank’s Maine to Florida footprint who make up to 80 percent of the median area income as determined by the U.S. Department of Housing and Urban Development (HUD). According to ...


Pending Home Sales Down in December but Remain on Uptrend

Pending home sales declined in December but have stayed above year-ago levels for 20 consecutive months, according to the National Association of REALTORS®. ...


FHFA House Price Index Up 0.6 Percent in November

U.S. house prices rose 0.6 percent on a seasonally adjusted basis from October to November, according to the Federal Housing Finance Agency’s monthly House Price Index (HPI). The previously reported 0.5 percent increase in October was revised upward to a 0.6 percent increase. For the 12 months ending in November, ...


Today’s First-Time Buyers Are Realistic, Planners, Reports RE/MAX

First-time home buyers have long been an important part of the housing market. And that hasn’t changed today. According to the 2012 Profile of Home Buyers and Sellers from the National Association of REALTORS®, first-time buyers accounted for 39 percent of all housing sales from July 2011 through June 2012. ...


Homeowners Take a Fresh Look at Remodeling

(MCT)—If you’ve put off redoing that kitchen or adding a deck while waiting for the economy to perk up, welcome to the club. ...


How Next Generation “Beta Brokerages” Are Shaping the Industry

Change is inevitable. From the music we enjoy to where we spend our next vacation, innovative marketing and an insatiable consumer keep our culture and our products constantly on the move. They revolutionize how we live and how we run our ...


2013: Transition to “Normal”?

The trend of gradual but below-potential economic growth seen in 2012 is expected to carry over through 2013 and into 2014. This modest growth path combined with the real GDP growth rate during the recovery from 2009 to this point of ...


Existing Home Sales Hit 5-year High in 2012

(MCT)—Sales of existing homes ticked down in December from the month before, while the total for 2012 hit the highest level in five years, according to data released Tuesday by the National Association of REALTORS®. ...


Housing Starts End 2012 on a High Note

The year 2012 was a promising one for housing. With consistent improvements in housing construction and prices, home building is once again contributing to economic growth. And the December housing starts report capped off the year with confirmation of ...


Are You Picking the Right Horse?

Have you ever been to a racetrack and made a modest wager on a horse? Selecting the right short sale listing to buy can be just like picking the right horse to win a race. The more knowledgeable you ...


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