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Business Outlook Archive


Dead Listings Live Again in Tight Markets

Record-low inventory levels are breathing new life into homes that were withdrawn from the market but now are finding buyers in markets across the country. ...


Case-Shiller: Home Prices Pick Up

After seven consecutive months of sliding home prices, average home prices increased more than 1 percent in April for both the 10- and 20-city groups tracked by the Case-Shiller Home Price Indices. Data through April 2012, just released for the ...


Mass. May Home Sales Highest in Nearly Two Years

Regional Spotlight—Home sales in the Bay State increased almost 35 percent in May - rising to the highest level of transactions since June 2010, according to The Warren Group, publisher of Banker & Tradesman. ...


Student Loan Debt Crisis Linked to Lower Home Values

New analysis of government data by the National Association of Home Builders (NAHB) reveals a connection between rising student loan debt and the onset of the housing slump, and offers yet another example of how lower home values have hurt ...


Existing-Home Sales Constrained by Tight Supply, Prices Continue to Gain

Limited supplies of housing inventory held back existing-home sales in May, but sales maintained a strong lead over year-ago levels and home prices are on a sustained uptrend in all regions, according to the National Association of REALTORS®. ...


International Sales Continue to Climb in U.S. Market, REALTORS® Report

Due to low prices and the relative weakness of the dollar, international buyers continue to identify the U.S. as a desirable place to own property and make a profitable investment. ...


Existing-Home Sales Constrained by Tight Supply in May, Prices Continue to Gain

Limited supplies of housing inventory held back existing-home sales in May, but sales maintained a strong lead over year-ago levels and home prices are on a sustained uptrend in all regions, according to the National Association of REALTORS®. ...


Seeing Double: Government Refinance Applications Skyrocket

Mortgage applications decreased 0.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 15, 2012. ...


Single-Family Housing Starts Rise 3.2 Percent in May

Single-family housing production increased for a third consecutive month and builders pulled more permits for both single- and multifamily construction in May, according to newly released figures from HUD and the U.S. Census Bureau. The data reveals that the seasonally adjusted annual rate of single-family housing starts rose 3.2 percent ...


RE/MAX National Housing Report: Broad-based Housing Recovery in Full Swing

For the fourth month in a row, the RE/MAX National Housing Report is showing an increasing Median Home Price. In May, home prices were 6.1percent higher than those in May 2011. Home sales also rose above the mark set last year by a significant 12.8 percent. With 42 surveyed metros ...


Investing in Charleston, S.C. and Grand Rapids, Mich. Real Estate

Greg Rand (@gsrand), CEO of OwnAmerica and host of Rand on Real Estate on WABC radio recommends Charleston and Grand Rapids on the FOX Business Network "Where to Invest Now" segment. ...


Builder Confidence Rises One Point in June

Builder confidence in the market for newly built, single-family homes gained one point in June from a slightly revised level in the previous month to rest at 29 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), ...


May Housing Update: Inventory Free-Fall Easing Toward Summer Season

Regional Spotlight—The marked decline in single family inventory over the past several months appears to be slowing in May, while still remaining significant in some areas of California. ...


U.S. Foreclosure Activity Increases 9 Percent in May

RealtyTrac®, a leading online marketplace for foreclosure properties, recently released its U.S. Foreclosure Market Report™ for May 2012, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions—were reported on 205,990 U.S. properties in May, an increase of 9 percent from April but still down 4 percent from ...


Average Fixed Mortgage Rates Reverse Course

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates ending their six week streak of record-setting lows. Regardless, mortgage rates still remain near the historic lows helping to keep homebuyer affordability high, and providing a strong incentive for those looking to ...


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