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Business Outlook Archive


Tools of the Trade: Develop and Grow Your 203(k) Business

For many prospective homeowners, securing a loan for a property in need of repair can be a difficult process. Those wanting to improve on the home and secure an affordable mortgage in one fell swoop should look no further than the Lowe’s/REbuildUSA™ 203(k) program, providing real estate professionals and homeowners ...


Mortgage Matters: HARP 2.0 Boosts Homebuyer Confidence

The federal government recently threw a lifeline to homeowners underwater with their current mortgages. Thanks to new changes to the Home Affordable Refinance Program (HARP) guidelines, more homeowners can refinance at today’s lower rates—even if their homes have declined in value. That’s because new HARP guidelines enable homeowners to refinance ...


Build Your Business and Reach More Buyers in 2012

The spring selling season brings with it hopes for recovery and renewal. And agents who find the most success this season will be those who not only reach new clients, but those who successfully reconnect with previous ones as well. ...


Tech Firm Imprev Inks Major Deals, Expands, See More Growth in 2012

Home sales may be lackluster and home foreclosure and vacancy rates alarming, but leading real estate firms are still investing in both marketing and technology to help their agents build market share as competition has intensified. ...


Mid Atlantic Region Expected to be ‘The Exception, Not the Rule,’ in 2012 Housing Market

REGIONAL SPOTLIGHT—As the new year begins, potential home buyers and sellers throughout the Mid Atlantic region are anxious about how their properties will fare in this coming year. To explore the issue, MRIS has released a list of several key triggers that are expected to shape the local economy, and ...


Kiplinger’s Housing Forecast: Positive Signs Offset the Negative

The median home price in the U.S. has plunged nearly 40% in a little over five years, but the worst is definitely over, according to a recent report by Kiplinger: The market has finally wrung out the last excess valuations ...


Mortgage Defaults: Signs of Recovery

The UFA Default Risk Index for the fourth quarter of 2011 edged lower to 131 from last quarter’s revised 133, which suggests that residential mortgage default and prepayment risks are continuing their return to normalcy. ...


Study Examines Impact of Social Networks on Strategic Default

Unemployment and other factors have caused many homeowners to involuntarily default on their mortgages. At the same time, falling home prices, the possibility of being underwater for many years and advice from certain influencers, or “mavens,” may have encouraged others to simply stop paying, with deleterious consequences in some markets, ...


Housing Update: Obama Administration Releases November Scorecard

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury recently released the November edition of the Obama Administration's Housing Scorecard—a comprehensive report on the nation’s housing market. Included in this month’s report are ...


Today’s Market – An Agent’s Perspective

With all the newspaper articles, television reports and Internet stories discussing how much real estate values have declined over the past several years, buyers in today’s market are unquestionably looking for a great deal. And with the surge in distressed properties, buyers are often looking at either a foreclosure—a property ...


Breaking News: Brookfield Residential Property Services Buys Prudential Real Estate and Relocation Services

In late-breaking news Tuesday Brookfield Residential Property Services, a Brookfield Asset Management Inc. affiliate, announced that it has purchased Prudential Real Estate and Relocation Services (PRERS), a recognized leader in employee relocation and real estate franchising from Prudential Financial, Inc. ...


Adjustable Mortgage Rates Hit Record Lows

Freddie Mac (OTC: FMCC) recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates changing little and remaining near their historic lows while adjustable-rate mortgages averaged new record lows. The 30-year fixed has averaged at or below 4 percent for the fourth consecutive week. ...


Pending Home Sales Jump in October

Pending home sales rose strongly in October and remain above year-ago levels, according to the National Association of REALTORS®. ...


Back in Action: Consumer Confidence on the Rise?

Consumer confidence improved in November, rising 15 points and reaching its highest level since July. With consumers’ view of business conditions perking up, and their opinion on job conditions brightening, positivity seeps into what has been a fairly negative past ...


As the New Year Approaches, Define Success in Your Terms

I love answering questions from agents, and they tend to take on a different tone in the fall months. People become more apt to ask big-picture questions because they’re thinking about a fresh start in the New Year. “What can ...


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