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Business Outlook Archive


Index: Prices Up ‘Across the Board’ in 2014, Midwest Expected to Outpace the Nation

With 2014 behind us, 2015 promises changes within the market as the housing recovery moves forward, according to recently released information from Clear Capital, a provider of data and solutions for real estate asset valuation and collateral risk assessment. The company recently released ...


Housing Share of GDP at 15.2 Percent for Third Quarter

Economic growth in the third quarter was certainly good news for housing and the overall economy. The final estimate of GDP growth from the Bureau of Economic Analysis (BEA) was a 5 percent seasonally adjusted annual growth rate, up from 3.5 ...


Pending Home Sales above Year-Over-Year Levels for Third Straight Month

Pending home sales slightly rose again in November, rising over year-over-year levels for the third straight month, according to the National Association of REALTORS®' The Pending Home Sales Index. All major regions except for the Midwest experienced a slight gain in activity in November. ...


New Regulations Affect Homeowners in 2015

Increasing energy efficiency has long been the mission of the U.S. Department of Energy (DOE), and in 2015, two new regulations involving air conditioning equipment and water heaters will take effect to support this goal. REALTORS® need to be familiar with the new ...


America’s Housing Stock Increases $1.7 Trillion

The housing market received both good and bad news as of late; the good news is that America’s housing stock is now worth $27.5 trillion, an increase of $1.7 trillion over last year.  The bad news is that U.S. home values rose 6 ...


Renting Less Affordable than Buying—Except for where Millennials Are Moving

Last week, housing-data giant RealtyTrac® released an analysis of fair market rents and median home prices in more than 500 U.S. counties, which shows that buying is still more affordable than renting in the majority of U.S. housing markets. ...


Housing Market Continues to Heal Due to Better Fundamentals

The U.S. housing market continues to stabilize, with 70 of the markets tracked now showing positive momentum, according to Freddie Mac's recently released, newly updated Multi-Indicator Market Index® (MiMi®). ...


Existing Sales Trend Up for First-Time Buyers

Although existing home sales decreased in November, the share of sales for first-time buyers increased to the highest level since October 2012. Existing home sales decreased 6.1 percent in November, but were 2.1 percent above the same period a year ago. The ...


Ask the Expert: Will Homebuyers Be Ready to Act in 2015?

Today's “Ask the Expert” Column features Kathy Cummings, Homebuying Coach with Bank of America Home Loans. ...


Existing-Home Sales Lose Momentum in November as Inventory Slightly Tightens

After hitting their highest level of the year, existing-home sales slid in November as housing supply showed some tightening, according to the National Association of REALTORS®. All major regions experienced a decline in sales compared to a month earlier. ...


RISMedia Exclusive: Outgoing Move CEO Talks about Transition, Future of Move, What’s Next for Him

Following the announcement of News Corp’s acquisition of Move, Inc, operator of realtor.com®, this past October, more news was announced last week by News Corp with Ryan O’Hara, a News Corp veteran, taking over as CEO in January. ...


Fannie Mae and Freddie Mac Swim Against the Tide with 3 Percent-Down Loans

Recently, Fannie Mae and Freddie Mac announced plans to begin backing home loans with down payments as low as three percent. This move came just days after the mortgage giants implemented less rigid lending standards in order to give Main Street citizens with ...


Zillow Shareholders and Trulia Stockholders Approve Planned Acquisition

Zillow, Inc. (Nasdaq:Z) and Trulia, Inc. (NYSE:TRLA) announced Thursday that Zillow shareholders and Trulia stockholders voted resoundingly to approve the previously announced definitive agreement, dated as of July 28, 2014, pursuant to which Zillow will acquire Trulia. ...


News Corp Announces New Leadership at Move, Inc.

News Corp announced Wednesday that Ryan O’Hara will become Chief Executive Officer of Move, effective January 5, 2015. ...


In Most Major Markets, Negative Equity Has Fallen by Half Since Peak of Crisis

The number of U.S. homeowners upside down on their mortgages has fallen by more than 40 percent since early 2012, according to the third quarter Zillow® Negative Equity Report. ...


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