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Business Outlook Archive


Fannie Says: Cautious Consumers Stalling Housing Momentum

Positive momentum in the housing market continues to lose steam as Americans remain cautious about their personal finances and the state of the economy, according to Fannie Mae’s November National Housing Survey results. ...


Adjustable-Rate Mortgages Return with a More Conservative Look

(MCT)—With one daughter in college and another in high school, Guy Hempel and Cherina Rossi face years of tuition payments. ...


Housing Markets Continue Slow Climb Back to Normal

Markets in 54 out of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity, according to the National Association of Home Builders/First American Leading Markets Index (LMI), released recently. ...


Protecting REALTORS®: The Innovation Act of 2013 Is Passed

Last week, the Innovation Act of 2013 was passed. This bill scores a win for the real estate industry as it aims to make procedural changes to the patent system to discourage tactics preferred by trolls – a previous issue for innovative ...


Weak Income Growth and Rising Rents Create Severe Affordability Problems for American Renters

Affordability problems for renters have skyrocketed over the past decade both in number and the share of renters facing them, according to a new report on rental housing from the Harvard Joint Center for Housing Studies. The inability of so many to find housing they can afford dramatically ...


3 Suburban Markets Show There Is More to Real Estate Than the Case-Shiller Home Price Index

Each month, analysts eagerly await the renowned Case-Shiller Home Price Index report to get a read on the health of the housing market. In a nutshell, this report looks at price changes in homes month-over-month. Prices are tracked in 20 major metropolitan ...


Analysis Shows Home Building Timelines Vary Widely By Region

The National Association of Home Builders recently release an interesting analysis from the 2012 Survey of Construction (SOC). ...


October Building Permits Boost the Housing Market

According to the Commerce Department, housing permits jumped to a 5-year high in October. With the strongest numbers since the housing crash, many are left wondering what the surge in building permits means. Don Frommeyer, CRMS, President of NAMB (The Association of ...


Putting People First: 5 Resolutions to Succeed in 2014 – Part 1

As 2013 comes to an end, now is a great time to look back on your year and figure out what areas of your real estate business you can improve upon and how to increase your number of clients. When it’s time ...


Zillow Predicts Home Values to Rise 3 Percent in 2014; Mortgages Will Be Easier to Get

Zillow is making four, bold housing predictions for 2014, and has determined which housing markets will be the hottest this coming year. ...


With Aging Population, Elevators More Popular in New Homes

(MCT)—Developers are luring downsizing baby boomers with elevators, a luxury feature that offers convenience now and the promise of easier movement as they age. ...


CFBP Rules: A Detailed Look at the Replacement of Consumer Disclosure Forms

On November 20, 2013, the final rules on the replacement of the current consumer disclosure forms required under RESPA and the Truth-in-Lending Act were released. The new, integrated Loan Estimate Form and Closing Disclosure Form, called “Know Before You Owe,” will go ...


ERA Identifies Four ‘Under the Radar’ Markets Benefitting from Out-Of-State Buyers

ERA Real Estate, a global real estate franchisor, and the members of its U.S. broker network have identified four “under the radar” housing markets that are benefitting from home buyers relocating from out of state. The growth in these markets is supported ...


Market Cycles Influence Alternative Business Development Options

Real estate and relocation professionals often expand business services by recognizing market trending and filling underserved needs in their market areas. By capitalizing and building on business models and skill sets already in place, each of the following individuals and their ...


The Mortgage Professor: With Loan Insurance, Bad Rules Lead to More Rules

(MCT)—In 1999, Congress decreed that the monthly mortgage insurance premiums that borrowers paid could be terminated by the borrower under certain conditions, and if the borrower failed to act, the lender was obliged to terminate a little later. This rule applied to mortgages insured by private mortgage insurers. Shortly thereafter, ...


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