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Business Outlook Archive


The Economic Impact of the Affordable Housing Credit

In addition to ensuring the supply of affordable rental housing, the Low-Income Housing Tax Credit (LIHTC) supports jobs and provides benefits to the economy, reports the National Association of Home Builders (NAHB). Using the NAHB economic impact model of home building, revised ...


Who Moved My Real Estate Market? Trends in the New-homes Arena Offer Great Opportunities

After years of record-low housing production, builders across the nation are gearing up and bringing homebuilding back to life. Building on an inventory of lots purchased during the recession, new-home construction is helping to offset low housing inventory, increasing buyer interest in ...


Best to Watch Long-Term Trends in Real-Estate Market

(MCT)—When I started writing about real estate full time, the experts cautioned me not to chase month-to-month data, and to focus instead on quarterly and yearly figures. ...


FHA Lenders Tighten Standards

A new report from two Federal Reserve economists says lenders have been applying strict underwriting conditions to keep borrowers who can’t afford a large down payment out of the Federally guaranteed program that is designed to make it possible first time and ...


Top Brokers – Leisey, Baris, Saunders, and Wong – Share Winning Culture and Marketing Strategies

A wise man once decreed: “If I can make it there, I’ll make it anywhere!” Truer words have never been spoken. New York, New York is one of the most diverse, colorful, and business-centric cities in the world, which is exactly why RISMedia ...


Signs of Recovery in New-Home Sales

As families try to get their moves completed before the coming school year, some of them will choose the benefits of buying a new home. That’s good news because it underscores the slow but steady gains being made in this crucial part ...


A New Challenge to HUD’s Reverse-Mortgage Program

(MCT)—The United States faces a retirement funds crisis: a rapidly growing number of people who retire without the financial capacity to support themselves during ever-increasing life spans. The Home Equity Conversion Mortgage (HECM) reverse-mortgage program, which allows older homeowners to convert some ...


New Home Prices Released by Metro Area and State

In response to frequent requests from its members, NAHB Economics recently released its estimates of new single-family home prices by state and metro area. The most expensive new single family homes are built and sold in three Northeastern states: Connecticut, Massachusetts and ...


30-Year Fixed Mortgage Rates Surge, Then Settle

The 30-year fixed mortgage rate on Zillow® Mortgage Marketplace is currently 4.03 percent, up five basis points from this time last week. The 30-year fixed mortgage rate steadily increased last week, spiking to 4.26 percent on Friday before declining to the current ...


International Homebuyers Continue to Invest in Profitable U.S. Market

Favorable exchange rates, affordable home prices and rising affluence abroad continue to drive international buyers to the U.S. to purchase properties and make real estate investments. ...


Americans Share Positive Housing Attitude

Consumer confidence in the housing market has trended upward significantly during the recovery but continues to be less than needed to return to "normal" housing levels, according to results from Fannie Mae’s June 2014 National Housing Survey. On average, consumers' 12-month home ...


Pending Home Sales Give a Drastic Push Forward

Pending home sales rose sharply in May, with lower mortgage rates and increased inventory accelerating the market, according to the National Association of REALTORS®. All four regions of the country saw increases in pending sales, with the Northeast and West experiencing the ...


Today’s Teenagers Will Rock Real Estate

Sea changes are in store for residential real estate ten years from now. Millions of new households will lift rental and starter home markets, half of the new families will be minorities and their ability to access mortgage finance will determine whether ...


Residential Construction Spending up 7.5 Percent from One Year Ago

The latest Census estimate of total private residential construction spending is 7.5 percent higher than one year ago. In particular, the release shows significant improvement in construction spending for the single-family and multifamily categories. ...


Recent Housing Growth a Sign of Long-Term Stability

According to Clear Capital’s most recent (HDI) Market Report and recent housing forecasts, it seems national home prices will be moderating over the next six months—only 0.9 percent growth forecasted. When all is said and done, Clear Capital expects to see 2014 ...


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