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Finance, Economy & Government Issues Archive


Fastest Growing Franchises in Home Improvement

Since the recession, many consumers are looking to increase the value of their homes and reinvest in their properties, driving up demand in a variety of industries in the home improvement sector. Notably, franchises in this sector fared slightly better than their non-franchised counterparts during the downturn, primarily due to ...


Consumers in Cautionary Holding Pattern as Fiscal Policy Debate Unfolds

Americans tempered their optimism toward the housing market in September, perhaps indicating growing caution surrounding the fiscal policy debate, according to the Fannie Mae September 2013 National Housing Survey results. Although consumers continue to remain generally positive on average, their attitudes ...


Late Summer Sales Keep September Prices Hot

Home price gains in September rose over record August levels, evidence of residual summer buying activity, according to the first market report of the month to be released. ...


RE/MAX Announces Closing of Its Initial Public Offering

RE/MAX Holdings, Inc. has completed its initial public offering of 11,500,000 shares of Class A common stock at $22.00 per share, including the full exercise of the option to purchase 1,500,000 additional shares granted to the underwriters. The Company’s Class A common stock began trading on the New York Stock ...


Rebound Continues: Housing Markets Back to Normal in 52 Metros

Housing markets in 52 out of the approximately 350 metro areas nationwide have now returned to or exceeded their pre-recessionary levels of activity, according to the newly minted National Association of Home Builders/First American Leading Markets Index (LMI), released recently. ...


Fixed Mortgage Rates Fall for Third Consecutive Week

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates falling for the third consecutive week amid declining consumer confidence and the onset of the federal government shutdown. The average 30-year fixed rate mortgage is at its lowest level since the week ...


Housing Recovery Picks Up Steam despite Persistent Headwinds

With home prices and household formations rising and household balance sheets healing, the ongoing housing recovery is expected to gain momentum next year even as several challenges remain, according to economists who participated in a recent National Association of Home Builders ...


Behind the 2013 Land Report 100: America’s Largest Landowners Double Down

Investing in rural, undeveloped land continues to be a popular strategy among the affluent, according to the 2013 Land Report 100, the latest annual survey and ranking of the largest private landowners in the United States just published by The Land Report and presented by Fay Ranches. Increasingly seen as ...


Don’t Forget RESPA/TILA Changes Are Coming

In all the excitement over the qualified mortgage, qualified residential mortgage, and Basel III capital rules, as well as the introduction of GSE and FHA reform, it is easy to forget that a major rule still remains to be finalized—the RESPA/TILA ...


NAR Power Broker Roundtable: Business Planning 2014 – Getting It Right

The Power Broker Roundtable is brought to you by the National Association of Realtors® and Jeff Barnett, NAR’s Liaison for Large Residential Firms Relations. Watch for this column each month, where we address broker issues, concerns and milestones. ...


Prices Rising to a Possible Peak? A Closer Look at the Numbers

In July, U.S home prices continued to increase, according to the latest S&P/Case-Shiller Home Price Index. On a year-over-year basis, home prices grew by 12.4 percent in July, the fastest annual pace since February 2006, at the height of the housing ...


Coldwell Banker Previews International Survey Shows More Young Money Entering the Luxury Real Estate Market

A new survey by Coldwell Banker Previews International® and the Luxury Institute finds that wealthy younger buyers are driving the luxury real estate market, and they are willing to pay more than similar wealthy buyers age 55 ...


All Top 100 Markets Gained in Homes.com July Data

Utilizing home pricing data for the period ending July 2013, the Homes.com Price Index showed gains for single-family properties in all 100 markets, up from 87 in the previous reporting period. ...


OwnAmerica Identifies Top 25 U.S. Housing Investment Markets

OwnAmerica CEO Gregory Rand has identified the top 25 residential real estate investment markets using the firm's proprietary methodology, based on time-tested metrics and local expertise on the ground in each community. Selection of winning investment markets is driven by a ...


Market Insider: Regional Variations in Recovery

The national housing data have been quite impressive this year. Existing-home sales were up 9.4 percent last year and are on track to match with similar increases this year. New-home sales are showing even better percentage gains, though off very low ...


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