Business Outlook Archive
Facing increasing costs for building materials and rising concerns about the supply of developed lots and labor, builders registered less confidence in the market for newly built, single-family homes in April,
With tight mortgage lending standards preventing well-qualified home buyers from obtaining home loans and impeding the housing and economic recovery, the National Association of Home Builders (NAHB) recently expressed support for congressional efforts to reform the Federal Housing Administration (FHA) but urged lawmakers to proceed in a cautious manner to avoid any disruptions to the nation’s housing finance system.
Testifying before the House Financial Services Subcommittee on Housing and Insurance, NAHB First Vice Chairman Kevin Kelly, a builder and developer from Wilmington, Del., points out the vital role
Using the internet to capture real estate leads can be an exciting way to earn new business. It can also be a major undertaking for those without the training, understanding or systems to manage online lead generation.
Freddie Mac recently released the results of its Primary Mortgage Market Survey®
(PMMS®), showing average fixed mortgage rates edging down for the second consecutive week following weak employment reports.
Prudential Real Estate, an HSF Affiliates LLC company, recently released results of its first quarter Consumer Outlook Survey showing that Americans’ sentiment toward real estate is growing increasingly favorable.
The Consumer Financial Protection Bureau (the Bureau) issued a somewhat final Ability to Repay (ATR) Qualified Mortgage (QM) rule in January. The pleasant surprise was the inclusion of a safe harbor for many QM loans. NAR and its industry partners fought for several months to ensure that the less safe ...
Realogy Holdings Corp recently provided preliminary estimates of certain of its financial and operational results for the first quarter ended March 31, 2013:
• Net revenue is expected to be in the range of $950 million to $960 million, representing an increase of 9 percent to 10 percent compared to first quarter 2012.
• Adjusted EBITDA(1) is expected to be in the range of $70 million to $74 million, representing a 32 percent to 40 percent increase from prior year results.
Realtor.com®, a leader in online real estate operated by Move, Inc., has released its March data on the U.S. housing market that shows growing optimism and confidence among potential sellers. Realtor.com®’s March 2013 data
While the Federal Housing Administration still faces challenges ahead, the agency has already taken a number of significant steps to mitigate risk and increase the solvency and strength of the mortgage-insurance fund.
Prudential Real Estate, an HSF Affiliates LLC company, recently released results of its first quarter Consumer Outlook Survey showing that Americans' sentiment toward real estate is growing increasingly favorable. A full 77 percent of consumers feel that the real estate market and property values will recover, representing a four-point improvement from year-end results and seven-point jump over the same period a year ago.
According to the national survey, home ownership remains important to 96% of Americans, especially among women
Following seven consecutive months of gains, the list of improving U.S. housing markets remained virtually unchanged in April, with 273 metros on the National Association of Home Builders/First American Improving Markets Index (IMI),
During New Homes Month in April, the National Association of Home Builders (NAHB) is showing home buyers why they can afford a higher-priced home—if it’s new construction. Using data from the Census Bureau and Department of Housing and Urban Development’s 2011 American Housing Survey, NAHB found that buyers can purchase a more expensive newer home and achieve the same annual operating costs as an older, existing home.
“Home buyers need to look beyond the initial sales price when considering whether to buy new construction or an existing home,” says NAHB Chairman Rick Judson, a home builder from Charlotte, N.C.
Brint Wahlberg, ABR, ePRO, GRI, was among the first REALTORS® in the nation to witness the 2009 unveiling of Realtors Property Resource®’s (RPR®) first-generation of Web-based information services.
While there is still plenty of room for improvement in our current economic and housing climate, Power Brokers are advancing full speed ahead toward recovery. The door to the downturn has been shut and there’s nowhere to go but up.
And based on the record-setting response to our 25th Annual Power Broker Survey, brokers are eager to report their respective tales of recovery. This year’s 1,000 respondents collectively amassed $767,983,687,087 in sales volume for 2012 and 2,985,668 in closed transactions. This represents a more than $158 billion increase in sales volume over 2011.
Let’s say you’re a residential real estate professional with seven listings and are extremely busy. So busy that you’re considering outsourcing the showing scheduling process so you can focus on all the things you want to do to market your listings.
With all that on your plate, you may feel like you don’t have time even to research the various appointment center services available, so you may go with what someone else in your office uses. That can be a winning strategy–a referral from someone you know.