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Business Outlook Archive


Fixed Mortgage Rates Near Seven Month Low

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving lower for the fourth consecutive week with fixed mortgage rates hitting new lows for this year. ...


Existing-Home Sales Pick Up in April

Existing-home sales increased for the first time this year in April, while inventory meaningfully increased and home price growth moderated, according to the National Association of Realtors® Monthly sales gains in the West and South offset a modest decline in the Midwest while the Northeast was unchanged. ...


Tax Reform May Impact Real Estate, but Not Quite Yet

Tax reform that would affect real estate has been the talk of the industry recently, and we can expect the conversation to gain steam as we move toward 2015. Like it or not, these discussions are going to impact how we do ...


Housing Supply and Demand Continue to Yield Unexpected Results

Freddie Mac recently released its U.S. Economic and Housing Market Outlook for May, showing that regular supply and demand forces continue to produce unexpected results as the housing recovery readies to shift into a higher gear during the spring home buying season. ...


Affordable Homes Three Times More Likely to be Underwater than Expensive Homes

The affordable homes most sought after by first-time homebuyers are being kept off the market in part because nationally, those homes are almost three times more likely to be underwater than the most expensive homes, according to the first quarter Zillow® Negative Equity Report. The national negative equity rate fell ...


10 Rules of Referrals

Ask any real estate agent what’s the best way to gain new business and they’ll probably say referrals. Above all, earning referral business begins with delivering stellar and memorable service to your clients, but that is rarely enough to provide a steady stream ...


Multifamily Surge Propels Housing Starts over 1 Million Mark in April

Soaring production of multifamily apartments pushed nationwide housing starts above the million-unit mark in April, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Total housing production rose 13.2 percent for the month ...


70 Percent of Boomers Expect the House They Retire in to Be Their Best

Better Homes and Gardens® Real Estate recently released the findings of a national survey of baby boomers (ages 49-67), revealing this influential generation’s feelings of optimism about living an independent, active lifestyle; a lifestyle unrestrained by planned retirement communities and instead bolstered by ...


Housing Affordability Edges Higher in First Quarter

Slightly lower median home prices along with steady mortgage rates contributed to higher housing affordability in the first quarter, according to the recently released National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). ...


Small Builders, Big Opportunities

While the Great Recession brought about a dramatic change that saw the nation’s largest builders producing an unusually high percentage of housing across the board, small builders are ready to jump back in right where they left off. Backed by financial partners poised ...


Connecticut Single-Family Home Sales Post Modest Increase in March

Regional Spotlight—Single-family home sales in the Nutmeg State rose 3.2 percent in March 2014 compared with March 2013, according to a new report from The Warren Group, publisher of The Commercial Record. This is the eleventh consecutive month of home sale increases in Connecticut. ...


Policy Issues Top of Mind as REALTORS® Head to Washington

This week nearly 8,500 REALTORS® from across the country will advocate policies that impact the residential and commercial real estate markets during the REALTOR® Party Convention & Trade Expo. REALTORS® will meet with legislators, congressional and regulatory staff, as well as top industry ...


HomeServices of America, Inc. Announces Acquisition of Silicon Valley-based Intero Real Estate Services

HomeServices of America, Inc., a Berkshire Hathaway affiliate, officially announced Tuesday the acquisition of Intero Real Estate Services, one of Silicon Valley’s largest and fastest growing residential real estate brokerage firms, and Intero Franchise Services, its affiliated franchise network. Terms were not disclosed. ...


Housing as a Job Creator – Congressional Testimony

Recently, NAHB economist Robert Dietz testified before the Economic Policy Subcommittee of the Senate Banking Committee on housing issues and the economics of home building as a job creator. ...


Realtor.com® Champions Accuracy for Consumers with Integrated Advertising Campaign

Accuracy in residential listings is so vital to home buyers that premier online listing service realtor.com® today is launching a national advertising campaign, Accuracy Matters, to educate consumers about the importance of relying on realtor.com® to provide them the most accurate U.S. ...


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