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Business Outlook Archive


REALTORS® Advocate Housing Finance System Overhaul That Protects Taxpayers and Access to Credit

As lawmakers debate how best to reform the secondary mortgage finance market, they must ensure that any new system retains access to safe, secure and affordable sources of mortgage capital for creditworthy consumers in all market conditions or risk a major disruption ...


Realtor.com®’s Quarterly Turnaround Towns Report: New Additions Indicate a Changing Marketplace

Realtor.com®, operated by Move, Inc., has unveiled its Turnaround Towns Report for the third quarter of 2013, revealing that the Detroit, Santa Barbara, Calif. and Reno, Nev. markets are currently leading the nation in recovery. ...


CFPB Files Suit under RESPA for Alleged Kickbacks to Affiliated Businesses

Last week, the Consumer Financial Protection Bureau announced that it filed suit against a Kentucky law firm, Borders & Borders, PLC, and its principals, alleging that the defendants violated Section 8 of the Real Estate Settlement Procedures Act (RESPA) by creating a network of Affiliated Business Arrangements (ABAs) to pay ...


Realogy Subsidiary NRT Acquires a Leading Northern California Brokerage, Frank Howard Allen Realtors

NRT LLC, one of the nation's largest residential real estate brokerage companies, has just announced the acquisition of Frank Howard Allen Realtors company-owned operations in Northern California. Frank Howard Allen Realtors, which was ranked by RISMedia's Power Broker Report among the top 60 real estate brokerages by sales volume this ...


Then and Now: A Decade of Technology in Real Estate

More buyers than ever are taking advantage of the latest technology and online tools to search for a place to call home. As a result, REALTORS® are leveraging new technologies to better assist their more tech savvy clients. A 10-year history of ...


Pending Home Sales Continue Slide in September

Pending home sales declined for the fourth consecutive month in September, as higher mortgage interest rates and higher home prices curbed buying power, according to the National Association of REALTORS®. ...


How Regional Real Estate Leaders are Capturing Business in the Recovery

Nationally speaking, the real estate recovery has taken a firm hold, to the point of inventory shortages and bidding wars in many locations across the country. However, regional scenarios vary greatly, demonstrating unique market trends that must be tapped in order to ...


As More New Households Form, Demand for Housing Will Grow

The economy has seen a lot of bright spots this year, and housing has definitely been one of them. As markets around the country continue to stabilize and prices recover, there’s more good news on the horizon: Household formation is on the ...


Despite Economic Woes, Housing Continues to Recover: Report

Freddie Mac recently released its U.S. Economic and Housing Market Outlook for October showing that the federal government shutdown, debt ceiling issues, and the slowing economy -- including the severely depressed level of new home construction -- are slowing the housing recovery ...


Housing Prices Slow but Do Not Signal a Cooling Market

September housing numbers revealed home prices are still slowly rising, which is great news for housing. However, existing-home sales fell 1.9 percent, and many in the industry are worried that this could be signaling a potential turn for the housing market and ...


Existing-Home Sales Down in September but Prices Rise

After hitting the highest level in nearly four years, existing-home sales declined in September, but limited inventory conditions continued to pressure home prices in much of the country, according to the National Association of REALTORS®. ...


Empire State Third Quarter Home Sales Jump 17 Percent

Regional Spotlight—Motivated homebuyers dominated the Empire State’s summer housing market, powering 17.4-percent jumps in both statewide closed sales and pending sales during the third quarter, according to the housing market report just released by the New York State Association of REALTORS®. The ...


Bay State September Home Sales Reach Eight Year High

Regional Spotlight—Last month marked the best September for Massachusetts single-family homes sales since 2005, according to the latest report by The Warren Group, publisher of Banker & Tradesman. ...


NAR Uses Big Data to Make a Big Difference for REALTORS®

Today’s ever-evolving technology world is transforming the real estate industry, not only with new applications and tools, but also in generating volumes of information about how people approach and conduct real estate transactions. To help REALTORS® understand and interpret these trends, the National Association of REALTORS® has hired Todd Carpenter ...


Fixed Mortgage Rates Edge Higher

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates edging higher leading up to the federal budget deadline last week. ...


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