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Business Outlook Archive


Q1 Outlook Survey: Consumer Confidence in Real Estate, Home Prices Reaches Year-Long High

Prudential Real Estate, an HSF Affiliates LLC company, recently released results of its first quarter Consumer Outlook Survey showing that Americans’ sentiment toward real estate is growing increasingly favorable.


Beware the 3 Percent Cap on Fees and Points

The Consumer Financial Protection Bureau (the Bureau) issued a somewhat final Ability to Repay (ATR) Qualified Mortgage (QM) rule in January. The pleasant surprise was the inclusion of a safe harbor for many QM loans. NAR and its industry partners fought for several months to ensure that the less safe ...


Realogy Announces Preliminary First Quarter 2013 Results

Realogy Holdings Corp recently provided preliminary estimates of certain of its financial and operational results for the first quarter ended March 31, 2013: • Net revenue is expected to be in the range of $950 million to $960 million, representing an increase of 9 percent to 10 percent compared to first quarter 2012. • Adjusted EBITDA(1) is expected to be in the range of $70 million to $74 million, representing a 32 percent to 40 percent increase from prior year results.


Sellers Becoming Confident in the Housing Market, Providing an Optimistic Outlook for the Housing Recovery

Realtor.com®, a leader in online real estate operated by Move, Inc., has released its March data on the U.S. housing market that shows growing optimism and confidence among potential sellers. Realtor.com®’s March 2013 data


REALTORS® Applaud FHA for Taking Steps to Improve its Financial Stability; More Reforms Necessary

While the Federal Housing Administration still faces challenges ahead, the agency has already taken a number of significant steps to mitigate risk and increase the solvency and strength of the mortgage-insurance fund.


Prudential Real Estate Q1 Outlook Survey: Consumer Confidence in Real Estate, Home Prices Reaches Year-Long High

Prudential Real Estate, an HSF Affiliates LLC company, recently released results of its first quarter Consumer Outlook Survey showing that Americans' sentiment toward real estate is growing increasingly favorable. A full 77 percent of consumers feel that the real estate market and property values will recover, representing a four-point improvement from year-end results and seven-point jump over the same period a year ago. According to the national survey, home ownership remains important to 96% of Americans, especially among women


Number of Improving Housing Markets Holding Steady in April

Following seven consecutive months of gains, the list of improving U.S. housing markets remained virtually unchanged in April, with 273 metros on the National Association of Home Builders/First American Improving Markets Index (IMI),


Lower Operating Costs Mean New-Home Buyers Can Afford More House

During New Homes Month in April, the National Association of Home Builders (NAHB) is showing home buyers why they can afford a higher-priced home—if it’s new construction. Using data from the Census Bureau and Department of Housing and Urban Development’s 2011 American Housing Survey, NAHB found that buyers can purchase a more expensive newer home and achieve the same annual operating costs as an older, existing home. “Home buyers need to look beyond the initial sales price when considering whether to buy new construction or an existing home,” says NAHB Chairman Rick Judson, a home builder from Charlotte, N.C.


Keeping Up with Data in Today’s Ever Changing Market

Brint Wahlberg, ABR, ePRO, GRI, was among the first REALTORS® in the nation to witness the 2009 unveiling of Realtors Property Resource®’s (RPR®) first-generation of Web-based information services.


RISMedia’s Power Broker Report: The Top 500: Rallying Around Recovery

While there is still plenty of room for improvement in our current economic and housing climate, Power Brokers are advancing full speed ahead toward recovery. The door to the downturn has been shut and there’s nowhere to go but up. And based on the record-setting response to our 25th Annual Power Broker Survey, brokers are eager to report their respective tales of recovery. This year’s 1,000 respondents collectively amassed $767,983,687,087 in sales volume for 2012 and 2,985,668 in closed transactions. This represents a more than $158 billion increase in sales volume over 2011.


The Inside Scoop on ‘Life of the Listing’ Plans

Let’s say you’re a residential real estate professional with seven listings and are extremely busy. So busy that you’re considering outsourcing the showing scheduling process so you can focus on all the things you want to do to market your listings. With all that on your plate, you may feel like you don’t have time even to research the various appointment center services available, so you may go with what someone else in your office uses. That can be a winning strategy–a referral from someone you know.


Clear Capital: Q1 Home Prices Remain Strong over Winter for the First Time in Seven Years

Clear Capital, a provider of data and solutions for real estate asset valuation and collateral risk assessment, recently released its Home Data Index(TM) (HDI) Market Report with data through March 2013.


REALTORS® Continue to Lead the Way on Fair Housing

As the leading advocate for homeownership and housing issues, the National Association of REALTORS® (NAR) joins the nation in observing the 45th anniversary of the 1968 landmark Fair Housing Act, which prohibits discrimination


CoreLogic Reports 54,000 Completed Foreclosures in February

CoreLogic® recently released its National Foreclosure Report for February, which provides data on completed U.S. foreclosures and the overall foreclosure inventory. According to CoreLogic, there were 54,000 completed foreclosures in the U.S. in February 2013, down from 67,000 in February 2012, a year-over-year decrease of 19 percent. On a month-over-month basis, completed foreclosures fell from 58,000* in January 2013 to the February level of 54,000, a decrease of 7 percent.


Mortgage Originations at Five-Year High In New England Area

Regional Spotlight—The recovery year for the local housing market is evident in recent statistics - showing 2012 mortgage activity in New England at the highest level in five years,



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